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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.

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  5. Melchert Hubert Sjodin Wins #1 Law Firm in Carver County Readers’ Choice Award

Melchert Hubert Sjodin Wins #1 Law Firm in Carver County Readers’ Choice Award

Melchert Hubert Sjodin
News & Events

Melchert Hubert Sjodin was named Reader’s Choice #1 Law Firm in The Readers Choice Awards 2020.

Melchert Hubert Sjodin
Melchert Hubert Sjodin provides aggressive legal representation for our clients. Founded in 1927 by Judge Arlo Haering, our firm is currently one of the oldest and largest firms in the Southwest Twin Cities area. Today, our attorneys provide a wide range of legal services. From estate planning and real estate transactions to local government and family law, we bring both local and national experience to the table for our clients.
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