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***Court suspends enforcement of the Corporate Transparency Act and associated BOI reporting.***
Court suspends enforcement of the Corporate Transparency Act and associated BOI reporting.

On December 3, 2024 a federal district court in the Eastern District of Texas granted a nationwide injunction, enjoining government enforcement of both the Corporate Transparency Act and the associated reporting rule requirements (i.e. BOI or Beneficial Ownership Information reporting).

This temporary injunction will likely be appealed by the government to the US Court of Appeals, and beyond (if necessary). It would be well to be prepared to comply with the BOI reporting rule in the event the decision is overturned, but until further notice, the mandatory reporting to the Financial Crimes Enforcement Network by “Reporting Companies” is suspended.

See FINCEN's website for the latest Alert: https://fincen.gov/boi

If you have questions, please contact your attorney.

Marcia Bening, Firm Administrator

952.442.7717

[email protected]

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Marcia Bening is the Firm Administrator for Melchert Hubert Sjodin and is based in the Waconia office. In this role, Marcia is responsible for:

  • Human Resources, including staffing and policies
  • Working with the firm’s Controller to maintain benefit plans and records, prepare the annual budget and approve accounts payable
  • Overseeing technology and coordinating support for the firm
  • Negotiating contracts on behalf of the firm
  • Overseeing client relations, business development and marketing

She is a member of the national Association of Legal Administrators (ALA), and the ALA Minnesota Chapter. Prior to joining Melchert Hubert Sjodin in 2014, Marcia was employed by the partner-owned title company for sixteen years as a closer and office manager. Along with conducting closings, Marcia worked closely with the managing attorney in administering all aspects of the title agency.

Marcia is an active member of her church, serving in both leadership and educational roles. In her free time, Marcia enjoys hiking, knitting, music, and spending time with family and friends.

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