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FinCEN BOIR - Nationwide Preliminary Injunction on CTA Enforcement
What it means and What should you do

FinCEN’s Notice – “In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do while the order remains in force. However, reporting companies may continue to voluntarily submit beneficial ownership information reports.”

More information is available on FinCEN’s website at https://www.fincen.gov/boi

On December 3, 2024, a Texas federal court issued a preliminary nationwide preliminary injunction on CTA enforcement
(Texas Top COP Shop, Inc. v. Merrick Garland). Meaning you are not currently required to file. Our legal team is closely monitoring the situation.

Key Points to Know:
  1. Filing Not Required for Now: The preliminary injunction means FinCEN BOIR filing isn’t required unless the injunction is reversed or lifted. However, it’s crucial to stay prepared.
  2. CTA Is Not Dead: This is only a temporary pause. Unlike the Texas court, federal courts in other states (Virginia and Oregon) have denied similar injunctions. These conflicting rulings will lead to appeals to higher courts, which may reinstate FinCEN reporting requirements.
  3. Prepare for Urgent Filing: If the requirement is reinstated, you’ll need to comply immediately, with a deadline of January 1, 2025 (potential extensions apply for certain hurricane-impacted states). This could leave little time to file, leading to a chaotic rush.
  4. Don’t overspend on filing now—ensure you’re ready to file as soon as it’s required. Choose a solution that allows you to prepare filings with minimal or no upfront charges, only charging the full price if and when you file. Avoid services pushing unnecessary filings without disclosing that FinCEN BOIR isn’t currently mandatory. Stay prepared to act quickly without wasting money!
Our Recommendation – Get Prepared Now

We strongly advise completing your preparation on SeedJura.CO now - Enter your entities’ information now to ensure you’re ready for any outcome.

Not required to file but get prepared!

Once preparation on SeedJura.CO is complete, you can file anytime:​
  • Option 1: File after the preliminary injunction is removed — $0 for SeedJura.CO in relation to FinCEN BOIR until then. ​
  • Option 2: Voluntarily file now via SeedJura.CO for $89.99 per entity (by clicking on a button on SeedJura.CO). If the CTA is later “canceled” by the U.S. Supreme Court, we will refund your SeedJura.CO payment for entities filed for FinCEN BOIR (minus nominal third-party processing fees like PayPal). ​​
Prepare for filing for only $10 with SeedJura.CO:

Organize all your entities on SeedJura.CO for a one-time fee of $10 regardless of the number of entities you have. If the injunction is lifted, file instantly with a click of a button for $89.99 per entity. If the CTA is canceled, your entities will remain organized, and you’ll receive notifications about any future filing requirements (e.g., state-level filings). SeedJura.CO will assist you with these filings, ensuring compliance, and will also offer new features like automatic legal document generation for your entities at affordable fees.

Avoid last-minute chaos by preparing in advance. Filing takes time, especially for multiple entities. Start now to ensure compliance.

Pricing

  • SeedJura Members: No charge – we will handle this for you as part of your membership benefits.​
  • Non-Members: The following pricing only applies when you are ready to file. You only to pay $10 to create an account and get prepared for filing.
Pricing(per entity)
Pay when you file
$89.99
(With the 1st entity free)
Only when you click on file if the current preliminary injunction is lifted/removed
Under 10 Entities
Package
$39.99
Same as the Fill-In Info Package, but this package only applies if you have fewer than 10 entities to be filed.​

If you are interested in getting prepared – please click here to sign up.

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Why SOW platform?

Managing lawyers and legal processes can be difficult, time consuming, and confusing.
SeedJura created the SOW platform to resolve the pain that often comes with engaging, managing, and communicating between clients and lawyers. 
SOW platform is more than a project management system, but we are the architect and general contractor of legal processes. 
We take care of your legal services, so that you can focus on your business.

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INTRODUCING SOW PLATFORM

We are your Architect and General Contractor of Legal Services.

Unique Components to Streamline Legal Processes.

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Process Management Intelligence (MI)

Managing legal services by yourself can be overwhelming and chaotic. Our Process Management System makes it easier with three key features:
1. Standardized Process - standard and efficient approaches
2. Tracking System - track progress and issues and critical dates and resolutions
3. Coordination - our Legal Process Manager coordinates the entire process



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™SeedJurabot

Our one-of-a-kind Document Intelligence System includes:
1. Standardization of clients' agreements/documents - including standard provisions and forms of agreements/documents tailored to clients
2. Generate legal agreements/documents automatically - by answering a few questions, clients are able to generate their legal agreements/documents under one hour (with review by assigned lawyer(s))
3. SeedJura.sign - easy and secured e-sign process reserved specifically for SOW platform's clients
4. Usable and Transferrable Data - information in the agreements/documents can be easily extracted and transferred to clients' other systems or software

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SeedJura Circle (TI)

With our Teams Intelligence Network, clients are no longer limited to only one firm for each matter.  Our network of lawyers and law firms are now available to our clients on any matter or a specific component of a matter that is suitable for the lawyer/law firm. These lawyers / law firms are trained by the SOW platform so that they understand clients' specific standards, processes and needs.  We can also work with clients' existing lawyers/law firm and train them to utilize the SOW platform to better serve the clients.
At SeedJura Circle, we designed a client-centric platform which connects clients with lawyers, but most importantly, we make sure that the SOW platform provides standards in the legal process so that legal services are being provided efficiently and in accordance with clients' needs and business requirements.  We change how law business works and put legal services under clients' control.

Save Time, Save Money, Save Your Sanity

01 - Standardize Speedy Processes

Get and stay organized using our platform and proven, standardized processes. Automate your agreements with forms that are tailored to your business - and no more waiting for your lawyers to give you agreements that you don't even understand.

02 - Tracking System & Technology

Track progress, critical dates, issues, resolutions, and documents, all using smart technologies.  No more wondering what your lawyers are doing.  Get out from under the endless search for past communications, documents and email threads.

03 - Coordination

Our Legal Process Manager coordinates and organizes the entire legal process.  No more wasting time following up with your lawyers or other vendors of your matters.  Rely on our experience and expertise to lead the way.

04 - Legal Services for your Budget

We work with you and come up with legal process standards and plans that fit your business and your legal budget.  The initial consultation with our team and coming up with the initial high-level plan is free of charge to you.

Let's get started!

Contact us to learn more about what SOW Platform can do for you and your business.

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Built by experts who understand your challenges

Current legal technologies focus on equipping lawyers with back-end tools, emphasizing task efficiency rather than elevating the client experience. SeedJura, however, provides a comprehensive solution to reimagine how clients and lawyers connect.
Tony Alfonso
Chief Strategic Architect and Legal Engineer
Today's legal technologies are developed by technologists with limited understanding of legal services, resulting in low adoption rates among lawyers. However, at SeedJura, our technologies provide client centric solutions built to be used by clients and their lawyers.
Geneve DuBois
Chief Marketing and Innovation Officer
Based on my 40+ years of experience in designing and building many signature technology systems, building legal technologies are much more complex than other industries because of the nature of users and legal processes.  We are laser-focused on usability and adaptability.
Dale DuBois
Chief Technology Officer
From my 40+ years experiences working with various sized companies as in-house counsel and in large firms, I see a wide gap between clients' needs and how legal services are being provided. We need to stop this vicious cycle, and SeedJura provides clients a better option.
Phyllis Shuster
Chief Team Intelligence Officer

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