Lisa and the Law
Supreme Court Stays Texas Top Cop Shop Injunction, But Smith Ruling Still Blocks CTA Enforcement
On January 23, 2025, the U.S. Supreme Court stayed (stopped) the Texas Top Cop Shop preliminary injunction. However, because there is a preliminary injunction in effect from the Smith case (also out of the Eastern District of Texas) the deadline for filing Beneficial Ownership Information Reports (BOIRs) remains on hold.
However, this tells us two things:
- The U.S. Supreme Court found that there is a substantial likelihood that the CTA will be held constitutional.
- The U.S. Supreme Court will likely stay (stop) the preliminary injunction in the Smith case if the government asks.
Related Services: CTA Compliance