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Compliance
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February 23, 2026
Crypto.com Says OCC Gave Initial OK To Trust Charter Bid
Crypto.com announced Monday that it's the latest crypto-focused firm to receive a conditional approval for a national trust charter from the Office of the Comptroller of the Currency, clearing the way for its Crypto.com National Trust Bank to offer expanded crypto custody services and trade settlement.
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February 23, 2026
Xcel Energy Will Replace Utility Poles After Historic Wildfire
Xcel Energy has agreed to replace damaged and dilapidated utility poles to settle Texas Attorney General Ken Paxton's suit accusing the energy company of causing the largest wildfire in recorded Texas history.
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February 23, 2026
NJ Justices Say Persistent Offender Law Needs Update
The New Jersey Supreme Court ruled Monday that a judge's factfinding under the state's persistent-offender statute violated U.S. Supreme Court precedent but amounted to harmless error, reinstating a 42‑year sentence for sexual assault and urging lawmakers to rewrite the statute.
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February 23, 2026
Feds Look To Nix Tribes' $23B Boarding School Dispute
The Interior Department is seeking to dismiss a proposed class action that would require the U.S. to account for how much of an estimated $23 billion spent on past Indian boarding school programs was tribal money, saying there is no law that requires it to undertake such an effort.
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February 23, 2026
Senate Dems Aim To Require Refunds Of Illegal Trump Tariffs
Senate Democratic lawmakers introduced legislation Monday to require the federal government to issue refunds to importers for duties paid that were imposed by President Donald Trump under the International Emergency Economic Powers Act, following the U.S. Supreme Court's ruling deeming those measures unlawful.
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February 23, 2026
Live Nation Wants To Appeal DOJ Antitrust Case Now
Live Nation Entertainment Inc. is asking a New York federal court for permission to immediately appeal last week's ruling that teed up several claims for trial early next month in the monopolization case being brought by the U.S. Department of Justice and state enforcers.
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February 23, 2026
Catching Up With Delaware's Chancery Court
Legal fee feuds, noncompete pact breach fights and post-closing "earnout" battles piled up in Delaware's equity and commercial law venues last week, with top jurists briefing lawmakers on efforts to better manage crowded dockets and expanded benches.
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February 23, 2026
JPMorgan Asks To Send Trump's $5B Debanking Suit To NY
JPMorgan Chase has formally requested to move President Donald Trump's $5 billion debanking lawsuit from Florida to New York federal court, arguing that the terms governing the president's now-closed accounts require the case to be litigated there.
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February 23, 2026
Tenant Screener Didn't Hinder Disabled Man, 2nd Circ. Says
A company that screens potential tenants' criminal and credit histories on behalf of landlords cannot be held liable under the Fair Housing Act for blocking a disabled man from moving in with his mother because it did not actually make the housing decision, a Second Circuit panel held in a precedent-setting opinion.
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February 23, 2026
4th Circ. Reverses $57K Atty Sanction In Engineer's Bias Suit
The attorney representing an Arab American worker in a civil rights retaliation suit against an engineering firm had legitimate grounds for opposing the firm's motion for an early win, the Fourth Circuit has determined, scrapping a $57,015 sanction a federal district judge imposed for allegedly dragging out the case.
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February 23, 2026
Debt Services Firm Challenges Connecticut Banking Penalties
An Illinois company that provides administrative services to debt adjusters has sued the Connecticut Department of Banking, challenging an administrative order to make restitution to Constitution State customers and potentially pay up to $100,000 for each alleged violation of debt adjustment and money transmission licensing rules.
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February 23, 2026
Wash. Ranch Asks High Court To Undo Tribal Immunity Order
A Washington cattle ranch is asking the U.S. Supreme Court to reverse an order that dismissed its challenge over rights to a parcel of land along the Stillaguamish River, arguing that the immovable-property rule's application to tribal sovereign immunity is an issue of federal law that should be settled.
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February 23, 2026
Justices Won't Review Religious Group's Bid Against IRS Lien
The U.S. Supreme Court declined Monday to review a religious organization's constitutional challenge against the Internal Revenue Service over a lien on church property to collect taxes owed by the group's bankrupt founder and her family.
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February 23, 2026
Justices Reject Boeing Bid To Weigh Union's 737 Max Suit
Boeing lost its bid to escape a Southwest Airlines pilot union's claims that it offered false assurances about the safety of the 737 Max airplane during contract negotiations, with the U.S. Supreme Court saying Monday that it won't review the Texas Supreme Court's decision to allow the suit.
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February 23, 2026
IRS Updates Timeline On Retirement Plan Min. Distributions
The Internal Revenue Service updated its guidance Monday on the timing of required minimum distributions from several types of individual retirement accounts that were amended by a 2022 retirement savings law.
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February 23, 2026
NM Legislators OK Property Tax To Pay Bonds, Interest, Costs
New Mexico would authorize the imposition of a property tax to repay principal, interest and costs for state-issued bonds under a bill unanimously approved by state lawmakers and headed to the governor.
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February 23, 2026
Justices Will Mull Future Of State Climate Torts
The U.S. Supreme Court is poised to determine the future of climate change tort litigation brought by state and local governments against fossil fuel companies, agreeing Monday to review whether a lawsuit against Exxon Mobil Corp. and Suncor Energy can proceed in state court.
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February 23, 2026
Justices Reject Vegas Sun Bid To Revive Protective Pact
The U.S. Supreme Court refused Monday to take up a Ninth Circuit decision that nixed an agreement protecting the Las Vegas Sun from the Las Vegas Review-Journal's alleged plan to drive it out of business.
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February 20, 2026
Judge Nixes DOJ Fine In ICE Case, But Blasts 'Radio Silence'
A Minnesota federal judge said Friday that a U.S. Department of Justice attorney won't be fined after an immigrant's identification documents were finally returned to him, yet she tore into the DOJ's excuses and said she will "not tolerate what happened here: disobedience and radio silence from the government."
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February 20, 2026
Employment Authority: DOL Goes MIA At ABA Conference
Law360 Employment Authority covers the biggest employment cases and trends. Catch up this week with coverage on how a U.S. Department of Labor associate solicitor of labor was suddenly taken off the agenda for an event at this week's American Bar Association's Wage and Hour Committee Midwinter Meeting and how a recent U.S. Equal Employment Opportunity Commission lawsuit claiming men were left out of a Coca-Cola retreat shed a light on the agency's approach to tackle workplace diversity initiatives.
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February 20, 2026
Real Estate Recap: REITs, FinCEN, Transfer-Based Cleanup
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney views into shareholder activism among public real estate investment trusts, FinCEN's new anti-money laundering rule, and the second-to-last U.S. state to shed certain pollution inspections for commercial and industrial property transfers.
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February 20, 2026
Evolve Bank Freed From Fintech Yotta's Fraud Suit, For Now
A San Francisco federal judge has dismissed Yotta Technology's lawsuit accusing Evolve Bank & Trust of operating a Ponzi scheme on the grounds that it can't proceed in federal court without now-defunct fintech intermediary Synapse Financial Technologies as a party, but the judge held it could be refiled in state court.
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February 20, 2026
PacifiCorp To Pay Feds $575M Over Calif., Oregon Wildfires
Electric power company PacifiCorp has agreed to pay $575 million to resolve claims for damages related to wildfires in Oregon and Northern California, the federal government announced Friday in declaring the end to litigation it said was worth more than $900 million.
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February 20, 2026
Credit One Bank Pays $10M In Calif. DAs' Suit Over Debt Calls
Credit One Bank will pay $10.2 million to settle a lawsuit from a group of California district attorneys alleging it inundated consumers with excessive debt collection calls, even when they had no account with the bank, three years after the Ninth Circuit held that district attorneys can sue banks over such calls.
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February 20, 2026
State Privacy Watch: 4 Legislative Developments To Know
In the first weeks of 2026, state lawmakers pushed policy initiatives aimed at protecting consumers' most sensitive personal data, with two states moving closer to banning companies from selling location data and South Carolina becoming the latest to establish enhanced digital safeguards for minors despite continued industry pushback.
Expert Analysis
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New Biotech Nat'l Security Controls May Have Blunted Impact
While the newly enacted federal prohibition against contracting with certain biotechnology providers associated with countries of concern may have consequences on U.S. companies' ability to develop drugs, the restrictions may prove to be less problematic for the industry than the significant publicity around their passage would suggest, say attorneys at Wilson Sonsini.
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Series
Law School's Missed Lessons: Practicing Resilience
Resilience is a skill acquired through daily practices that focus on learning from missteps, recovering quickly without internalizing defeat and moving forward with intention, says Nicholas Meza at Quarles & Brady.
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Takeaways From The DOJ Fraud Section's 2025 Year In Review
Former acting Principal Deputy Chief Sean Tonolli of the U.S. Department of Justice's Fraud Section, now at Cahill Gordon, analyzes key findings from the section’s annual report — including the changes implemented to adapt to the new administration’s priorities — and lays out what to watch for this year.
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New State Regs On PFAS In Products Complicate Compliance
The new year brought new bans and reporting requirements for per- and polyfluoroalkyl substances in half a dozen states — in many cases, targeting specific consumer product categories — so manufacturers, distributors and retailers must not only monitor their own supply chains, but also coordinate to ensure compliance, say attorneys at Morgan Lewis.
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What An Uptick In Shareholder Activism Means For Banking
With increasing bank M&A activity, activists are becoming more focused on larger banking institutions, but there are ways banks can begin to prepare in case they need to defend against activist campaigns, say attorneys at Debevoise.
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Anticipating The SEC's Cybersecurity Focus After SolarWinds
While the U.S. Securities and Exchange Commission's recent voluntary dismissal of its enforcement action against SolarWinds Corp. and its chief information security officer marks a significant victory for the defendants, it does not mean the SEC is done bringing cybersecurity cases, say attorneys at MoFo.
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Bid Protest Data Contradicts Claims That System Is Inefficient
Recently released data debunks the narrative that the federal procurement system is overwhelmed by excessive or meritless bid protests, revealing instead that the process is healthy and functioning as intended, says Joshua Duvall at Duvy Law.
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Opinion
Congress Should Lead On AI Policy, Not The States
There needs to be some limits on how far federal agencies go in regulating artificial intelligence systems, but Congress must not abdicate its responsibility and cede control over this interstate market to state and local officials, say Kevin Frazier at the University of Texas School of Law and Adam Thierer at the R Street Institute.
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Breaking Down Expense Allocation In Mixed-Use Properties
Rapid increases in condominium fees and special assessments, driven by multiple factors such as rising insurance costs and expanded safety requirements, are contributing to increased litigation, so equitable expense allocation in mixed-use properties requires adherence to the governing documents, says Mike Walden at FTI Consulting.
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4 Lessons From FTC's Successful Bid To Block Edwards Deal
The Federal Trade Commission's recent victory in blocking Edwards Lifesciences' acquisition of JenaValve offers key insights for deals in life sciences and beyond, including considerations around nonprice dimensions and clear skies provisions, say attorneys at Orrick.
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Limiting Worker Surveillance Risks Amid AI Regulatory Shifts
With workplace surveillance tools becoming increasingly common and a recent executive order aiming to preempt state-level artificial intelligence enforcement, companies may feel encouraged to expand AI monitoring, but the legal exposure associated with these tools remains, say attorneys at MoFo.
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Can OCC State Banking Law Preemption Survive The Courts?
While two December proposals from the Office of the Comptroller of the Currency seek to foreclose pending consumer litigation against national banks related to residential mortgage lending, it's unclear whether this aggressive approach will withstand judicial scrutiny under the U.S. Supreme Court's 2024 rulings in Cantero and Loper Bright, say attorneys at Davis Wright.
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How Selig May Approach CFTC Agricultural Enforcement
As the U.S. Commodity Futures Trading Commission begins a new chapter under recently confirmed Chairman Michael Selig's leadership, a look back at the agency's actions in agricultural markets over the past six years sheds light on what may lie ahead for enforcement in the area, say attorneys at Latham.
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Traditional FCA Enforcement Surges Amid Shifting Priorities
The U.S. Department of Justice’s January report on False Claims Act enforcement in fiscal year 2025 reveals that while the administration signaled its intent to expand FCA enforcement into new areas such as tariffs, for now the greatest exposure remains in traditional areas like healthcare — in which the risk is growing, say attorneys at Debevoise.
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How 3 CFTC Letters Overhauled Digital Asset Guidance
The U.S. Commodity Futures Trading Commission recently issued three letters providing guidance for the use of digital assets in derivatives markets, clarifying the applicability of CFTC regulations across numerous areas of digital asset activities and leading to the development of standards to allow market participants to post digital assets as collateral, say attorneys at Morgan Lewis.