1. Home
  2. |Insights
  3. |Tucker Act Reaches More NAFIs Than Many Thought

Tucker Act Reaches More NAFIs Than Many Thought

Client Alert | less than 1 min read | 02.02.11

In a 6-4 en banc decision, the Federal Circuit in Slattery v. U.S. (Jan. 28, 2011) has overruled significant contrary precedent and explained that the Tucker Act provides jurisdiction to sue non-appropriated funds instrumentalities of the government, irrespective of their funding source and whether or not they are listed explicitly in the act (such as the military exchanges have been since the 1970 amendments).  Judgments in such cases will be paid from the Judgment Fund.

Insights

Client Alert | 2 min read | 02.28.25

FinCEN Pauses Fines and Penalties for Non-Compliance with Beneficial Ownership Information Reporting Deadlines

We previously reported that the Corporate Transparency Act’s Beneficial Ownership Information Reporting Rule (BOI Rule) was back in effect as of February 18, 2025, with a stay of the final nationwide block to enforcement. At that time, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) extended the BOI Rule’s reporting deadline until March 21, 2025 (in cases where the originally-applicable deadline had expired) for entities required to report, which includes certain entities formed or registered to do business in the United States (Reporting Companies). ...