. on Nostr: "The government will almost certainly file an expedited appeal within 60 days, likely ...

"The government will almost certainly file an expedited appeal within 60 days, likely mirroring the appeal currently pending in the Eleventh Circuit, which focuses on a similar enumerated powers argument. The government is also likely to file an expedited motion in the Fifth Circuit requesting a stay. If the Fifth Circuit grants the motion to stay, then the preliminary injunction will be put on pause. In this case, businesses will still need to comply with the CTA reporting requirements by January 1, 2025.

Clients who have CTA reporting obligations should keep a close eye on developments in this case as the appeal process unfolds. The final determination may not be known for a week or more. Given the impending deadline and lack of certainty, we would suggest clients either (i) submit their BOI reports by the January 1, 2025 deadline, as the injunction may be lifted or overruled, or (ii) hold off filing their BOI reports, but do the work necessary to be able to file their BOI reports by January 1, 2025 in the event the injunction is lifted or overturned before then."

https://www.jdsupra.com/legalnews/federal-judge-in-texas-issues-1062054/