Whiplash: Fifth Circuit Unblocks, Blocks Corporate Transparency Act in 2 Orders Issued 3 Days Apart

Three unknown judges on the U.S. Court of Appeals for the Fifth Circuit on Thursday issued an order reinstating a nationwide injunction barring enforcement of the Corporate Transparency Act and a related reporting rule, three days after a panel that did identify itself had lifted the nationwide ban.

Firearm retailer Texas Top Cop Shop filed its lawsuit May 28 challenging the anti-money laundering law, alleging the CTA’s requirements that businesses disclose who controls them is unconstitutional. A nationwide injunction barring enforcement went into effect earlier this month, setting the stage for the Fifth Circuit appeal.