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Part 2 - The Attorney | Jerry Freedman, Freedom Business Financing

As we recently closed out the second quarter of 2025, we are pleased to share with you a few law firm developments. legal insights, and highlights from the past few months.

In the ongoing saga, or shall we say ping pong tournament, pertaining to the constitutionality of the Corporate Transparency Act, 31 U.S.C. § 5336 (CTA), yesterday, the Fifth Circuit Court of Appeals vacated its decision from Monday that suspended the District Court’s order enjoining enforcement of the CTA. Texas Top Cop Shop, Inc., et al v. Garland et al, No. 24-4-792 – Doc 160-2 (December 26, 2024).

In our December 5 Newsletter, we reported that on December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction, enjoining the implementation and enforcement of the

In our November 6 Newsletter, we disseminated a reminder about the new legislation, the Corporate Transparency Act, 31 U.S.C. § 5336 (CTA), requiring companies doing business in the US to disclose information to FinCEN about their beneficial owners. The CTA required the compliance of nearly all LLCs – including single-member U.S. LLCs – by January 1, 2025. Compliance could be costly in time and resources; and yet, a failure to comply would put entities at risk of stiff penalties.

There’s a new legislation requiring business owners to disclose the beneficial owners of all companies doing business in the US. Click for what you need to know about the CTA.