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Compliance

February 18, 2026
Compliance Group Of The Year: Covington

Covington & Burling LLP advised U.S. Steel in its $14.9 billion acquisition by Japan's largest steelmaker, Nippon Steel, and helped Hino Motors Ltd. avoid the imposition of a third-party compliance monitor by the U.S. Department of Justice, earning it a spot as one of the 2025 Law360 Compliance Groups of the Year.
February 18, 2026
Nicotine Pouch Co. Says FDA Unfairly Applies Tobacco Regs

A nicotine oral pouch maker is suing the U.S. Food and Drug Administration in D.C. federal court, saying the agency is arbitrarily requiring it to perform the same health studies for premarket authorization as tobacco products, despite acknowledging that its products have fewer health risks than cigarettes or other tobacco products.
February 18, 2026
Anti-Abortion Clinics Lose Free Speech Suit Over Mass. Ads

A Massachusetts federal judge has tossed a lawsuit over a state-funded ad campaign warning consumers about potentially misleading or inaccurate information provided by a group of anti-abortion pregnancy resource centers, finding that the state hadn't prohibited the clinics from operating — and that the public officials have the same free speech rights as the clinics.
February 18, 2026
Jury Finds Ex-Coal Exec Guilty Of Authorizing Bribes

A Pennsylvania federal jury Wednesday found a former coal executive guilty of authorizing bribes to an arm of the Egyptian government, following less than five hours of deliberations in a closely watched Foreign Corrupt Practices Act trial that commenced despite the government's pause on enforcement of the statute last year.
February 17, 2026
Musk Can't Be 'Tried On His Political Beliefs,' Judge Says

A certified class of former Twitter investors accusing Elon Musk of tanking the social media platform's stock during acquisition negotiations can't bring up the billionaire's political beliefs during the trial scheduled to start next month if it's outside the 2022 time period at issue, a California federal judge ruled Tuesday.
February 17, 2026
Dismissal Of FTC Merger Rule Shows Nothing 'Broken' To 'Fix'

Some antitrust practitioners see vindication in last week's Texas federal court decision throwing out the Federal Trade Commission's premerger reporting overhaul, saying it gives credence to arguments that U.S. antitrust enforcers were trying to plug holes in merger review where there were none.
February 17, 2026
FTC, States Urged To Halt Meta's Plan For Face ID In Glasses

A consumer advocacy group is pushing the Federal Trade Commission and nearly a dozen state enforcers to shut down Meta's reported plans to add facial recognition capabilities to its smart glasses, arguing that the feature would pose "a grave risk to privacy, safety and civil liberties."
February 17, 2026
States Hit Discovery Roadblocks In HPE Merger Fight With DOJ

A California federal judge mostly sided with the Justice Department on Tuesday on the latest discovery disputes in state attorneys general's challenge to a DOJ settlement greenlighting Hewlett Packard Enterprise's $14 billion Juniper acquisition, ruling that HPE doesn’t need to reveal who's bidding for divested assets, and refusing to delay deadlines.
February 17, 2026
Okla. Officials Look To Toss Creek Nation's Hunting Suit

A special prosecutor for Oklahoma's governor and the state's wildlife conservation director have asked a federal court judge to throw out the Muscogee Creek Nation's hunting rights lawsuit, saying the tribe has gone along with state hunting regulations for more than a century.
February 17, 2026
Waste Co. Republic Sued Over Alleged Seattle River Pollution

Waste management company Republic Services was hit with a Clean Water Act lawsuit in Washington federal court Friday by an environmental watchdog group for allegedly releasing polluted water from an industrial site near Seattle's Duwamish River.
February 17, 2026
AI's Needs Outpace Broadband Infrastructure, Report Says

The "artificial intelligence boom" is going to mean slower internet speeds for consumers if Congress doesn't do something to make commercial spectrum less scarce, according to a new report from a conservative-leaning policy group.
February 17, 2026
OCC Floats New Appeals Board To Hear Bank Exam Disputes

The Office of the Comptroller of the Currency is moving to overhaul its internal appeals process for banks, pitching a new review board and other changes that could make challenges to examiner findings more common and more likely to succeed.
February 17, 2026
CFTC Backs Prediction Markets In 9th Circ. Fight With Nevada

U.S. Commodity Futures Trading Commission Chair Michael Selig told state gaming regulators Tuesday that he intends to defend his agency's "exclusive jurisdiction" over prediction markets, starting with a brief to the Ninth Circuit backing Crypto.com in an ongoing brawl with Nevada regulators over its sports wagers.
February 17, 2026
FCC Investigating Possible Lifeline Fraud In Calif., Beyond

Lifeline providers in states that were allowed to opt out of the federal verification process might soon find themselves in the hot seat, as the Federal Communications Commission revealed Tuesday it has launched investigations into certain providers from three states.
February 17, 2026
Educator Unions Call For SEC Probe Of Apollo's Epstein Ties

The American Federation of Teachers and American Association of University Professors on Tuesday urged the U.S. Securities and Exchange Commission to investigate statements made by Apollo Global Management concerning the private equity firm's alleged ties to convicted sex offender Jeffrey Epstein.
February 17, 2026
9th Circ. Clears Way For Nev. Gaming Action Against Kalshi

The Ninth Circuit on Tuesday denied Kalshi's request to keep its sports event contracts safe from Nevada gaming regulators, clearing the way for the state to bring a civil enforcement action against the online trading platform.
February 17, 2026
FCC's Equal Time Stance Blasted As Colbert Tanks Interview

Progressives called the Federal Communications Commission's rollout of equal-time policies against late-night talk shows slanted after Stephen Colbert blamed the FCC for being forced to move an interview with a Democratic Senate candidate off the air.
February 17, 2026
Honeywell Settles $1.2M Suit Filed By Union Pension Fund

A Washington federal court closed an Employee Retirement Income Security Act case that pit Honeywell International Inc. against a union pension fund Tuesday, shortly after the conglomerate and fund told the court that they've settled the $1.2 million lawsuit for an undisclosed amount.
February 17, 2026
Judge Rips Drugmakers' Borderline 'Disingenuous' Appeal Bid

A Connecticut federal judge has rejected generic-drug makers' request for a quick appeal of his ruling denying them summary judgment on states' claims they engaged in an "overarching conspiracy" to fix prices, slamming the request for being borderline "disingenuous," mischaracterizing his reasoning and ignoring direct evidence of alleged wrongdoing.
February 17, 2026
SEC's Atkins Floats Litigation 'Safe Harbor' For Public Cos.

U.S. Securities and Exchange Commission Chairman Paul Atkins on Tuesday put forth a raft of ideas for encouraging shorter corporate disclosures, including a possible "safe harbor" for publicly traded companies looking to avoid shareholder lawsuits for failing to report the impact of highly publicized events on their businesses.
February 17, 2026
County's Tourism Tax Use Was Reasonable, NC Justices Told

Counsel for a coastal North Carolina county told the state's Supreme Court justices Tuesday that commissioners' decision to spend occupancy tax dollars on public safety and infrastructure wasn't arbitrary and capricious, while opining that buying carnival equipment for their own pleasure might be.
February 17, 2026
CFTC Lands $1.3M Settlement In Immigrant Fraud Case

The Commodity Futures Trading Commission has reached a $1.3 million settlement with the operator of an unlicensed commodity pool who allegedly targeted dozens of Spanish-speaking immigrants in a $1.5 million Ponzi-like scheme that used a fictitious license containing a counterfeit CFTC seal and a forged commissioner's signature to falsely promise investors guaranteed monthly returns.
February 17, 2026
Law Professors Sue EEOC For Firm DEI Letter Records

Two professors at law schools in Michigan and Florida have sued the Equal Employment Opportunity Commission in D.C. federal court, seeking documents related to 20 letters the agency sent to law firms over their purported diversity, equity and inclusion practices.
February 17, 2026
FCC Threatens To Nix Mich. Radio Licenses Over Unpaid Fees

The Federal Communications Commission said it will yank the licenses for seven Michigan radio stations if the company that holds the licenses fails to pay the regulatory fees it has been delinquent on for several years.
February 17, 2026
States Say FEMA Ignoring Disaster Mitigation Funding Order

Two months after a federal judge ruled that the Trump administration's cancellation of a federal disaster mitigation program was illegal, the government has not shown any signs of restoring it, a coalition of states said Tuesday.

Expert Analysis

Nuclear Power Pitfalls And Opportunities To Watch For In 2026

Shepherding nuclear power projects to completion requires navigating more risks and obligations than almost any other infrastructure undertaking, but with the right strategies, states, developers, vendors and contractors can overcome these hurdles in 2026 and beyond, say attorneys at Squire Patton.
2025 Calif. Banking Oversight Centered On Consumer Issues

The combination of statutory reform, registration mandates and enforcement activity in 2025 signals that California's financial regulatory landscape is focused on consumer protection, particularly in the areas of crypto kiosk fee practices, earned wage access providers and elder fraud, say attorneys at Ropes & Gray.
A 6th Circ. Snapshot: 3 Cases That Defined 2025

With more than a thousand opinions issued this year, three rulings from the Sixth Circuit stood out for the impact they'll have on the practice of civil procedure, including a net neutrality decision, a class certification standards ruling and an opinion about vulgarity in school, say attorneys at Ice Miller.
Sports Gambling Scrutiny Expands Risks For Teams, Leagues

The Minnesota attorney general recently sent warning letters to 14 website operators for offering what the state considers illegal online gambling, demonstrating why the sports industry, including teams and leagues, should ask critical questions about organizational compliance, internal controls and potential criminal liability, say attorneys at Stinson.
The CFTC's Road Ahead Under Newly Confirmed Chair

Michael Selig's Dec. 18 confirmation as U.S. Commodity Futures Trading Commission chair comes at a critical juncture, as the agency is poised to gain oversight over the crypto industry and increase its jurisdictional mandate covering prediction markets, says Elizabeth Lan Davis at Davis Wright.
How Fractional GCs Can Manage Risks Of Engagement

As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.
5 Lender Strategies When A Commercial Borrower Defaults

With an estimated $2 trillion in commercial real estate loans set to mature by 2027, now is an opportune time for lenders to review practices on both the front and back ends, and understand the full range of options available in the event of a default, says Keith Mundrick at Amundsen Davis.
SEC Rulemaking Radar: A Reset, A Shift And A Preview Of '26

With major proposals withdrawn and new priorities emerging, forthcoming U.S. Securities and Exchange Commission proposals in 2026 will look to reshape how digital assets are regulated, recalibrate market structure and simplify how small companies go public, says Christopher Grobbel at Goodwin.
Changes In Crypto, Cybersecurity Defined NY Banking In 2025

The major takeaways from 2025 in New York banking policy involve updated guidance, regulations and requirements primarily affecting innovation and digital banking, in areas such as cybersecurity, virtual currencies, and buy now, pay later programs, say attorneys at Steptoe.
How OECD Tax Update Tackles Mobile Workforce Complexity

The Organization for Economic Cooperation and Development’s recently updated model tax convention — a recalibration of international tax principles in response to an increasingly mobile workforce — should prompt companies to reevaluate cross-border operations, transfer pricing policies and tax controversy strategies, say attorneys at Eversheds.
Reviewing 2025's Most Pertinent Wiretap Developments

2025 was a remarkable year in the world of web tracking wiretapping litigation, not only for the increased caseload but also because of numerous developing theories of liability, with disputes expected to continue unabated in 2026, say attorneys at Squire Patton.
M&A Midmarket Shows Resilience Amid 2025 Challenges

Midmarket mergers and acquisitions showed a slight decline in volume but climbed in value for much of 2025, particularly in the private equity space, indicating that the middle market M&A environment is cautious but steady heading into 2026, say attorneys at Stoel Rives.
Series

Nature Photography Makes Me A Better Lawyer

Nature photography reminds me to focus on what is in front of me and to slow down to achieve success, and, in embracing the value of viewing situations through different lenses, offers skills transferable to the practice of law, says Brian Willett at Saul Ewing.
2025 Brought A New Paradigm For Federal Banking Regulation

A series of thematic shifts defined banking regulation in 2025, including a fundamental reform of prudential supervision, a strategic easing of capital constraints, steps to streamline merger reviews, and a new framework for fair access and entrants seeking to offer banking services, say attorneys at Simpson Thacher.
What 2025 Transpo And Logistics Legal Trends Mean For 2026

2025 was challenging for the transportation and logistics sector, with emergent trends including dramatic federal policy shifts, developments in tort risk, and a host of mergers and acquisitions — but a review of these themes offers a useful playbook for where the industry is headed in 2026, says Jonathan Todd at Benesch.