( April 24, 2026, 8:25 AM EDT) -- HOUSTON — A Texas federal judge partially granted cross-motions for summary judgment filed by a group of plaintiffs that includes a plastics manufacturer, a captive insurer and a microcaptive manager, and the federal government in a challenge to an IRS rule targeting microcaptive insurance arrangements, upholding the agency’s authority to require disclosure of transactions deemed potentially tax-avoidant while vacating its classification of some arrangements as abusive for failing to make the required finding that such transactions are presumptively tax-avoidant....