On January 23, 2025 the Supreme Court of the United States (SCOTUS) ruled that the injunction issued in the Texas Top Cop Shop case (see our prior post about that injunction here) was stayed, meaning that the nationwide injunction in that case is no longer in effect. However, prior to that decision, another Texas Federal District Court Case, Smith v. Department of the Treasury, issued another nationwide injunction on January 7, 2025. Accordingly, on January 23rd, the Financial Crimes Enforcement Network (FinCEN) issued a formal statement that it will abide by the Smith case injunction issued on January 7, 2025 and not require that the Beneficial Ownership Information Reports (BOIR) be filed at this time while the Smith case injunction remains in effect, regardless of the SCOTUS decision in the Texas Top Cop Shop case.     Read the article…………………………….