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Haynes Boone

Gateway to Termination: Supreme Court Narrows “Repeated Defaults” Termination

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Contracts in the energy and construction sectors regularly provide a party with a right to terminate for specified defaults by their counterparty. Where, for example, an employer fails to pay on time, this may only give rise...more

Mayer Brown

UK Weekly Sanctions Update - Week of February 9, 2026

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In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

Farrell Fritz, P.C.

Ownership Without Partnership: A Lesson from the Second Department on the Plight of the Assignee

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Just a few weeks ago, Frank McRoberts authored a post titled, “The Pick-Your-Partner Principle.” It featured a more-than-decade old case about the dissolution of a real estate partnership and emphasized the fundamental...more

FordHarrison

New York "Trapped at Work Act" Amended to Change Effective Date and Resolve Ambiguities

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On February 13, 2026, New York Governor Hochul, signed amendments to New York’s Trapped at Work Act into law. As discussed in our previous Alert, the Trapped at Work Act prohibits certain “stay or pay” agreements that require...more

Cadwalader, Wickersham & Taft LLP

Venezuela Sanctions Update: OFAC Expands Authorizations for Oil and Gas Activity

In early January 2026, U.S. forces captured Nicolás Maduro and brought him into U.S. custody on drug charges. In subsequent public statements, the Trump administration announced an intent to encourage private-sector...more

Mayer Brown

Legal Developments in Construction Law: February 2026

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1. ASSIGNEE’S RIGHT TO ADJUDICATE UNDER A CONSTRUCTION CONTRACT CONFIRMED : In Paragon Group Limited v FK Facades Limited [2026] EWHC 78 (TCC) the High Court has confirmed that the assignee of a construction contract can...more

Lathrop GPM

North Carolina Federal Court Grants Liberty Tax Summary Judgment After Finding Franchisee Responsible for Fraudulent Returns

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A federal court in North Carolina granted Liberty Tax Service’s motion for summary judgment and denied the cross-motion of its franchisee, entering judgment for Liberty on claims for breach of franchise agreements and default...more

Ice Miller

2025 Cannabis Litigation Retrospective

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2025 had no shortage of litigation impacting both cannabis and hemp businesses. Looking back at the past year: the hemp industry drew regulatory and legislative actions to limit or control hemp products across the nation; the...more

Fisher Phillips

Employers Get a Win on Enforceability of Equity-Linked Restrictive Covenants in Delaware: 3 Key Takeaways

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The Delaware Supreme Court just delivered good news to employers that use equity and incentives to retain key talent. Those awards are often paired with non-compete and non-solicitation restrictions aimed at protecting...more

Hogan Lovells

PRODUCT | Extended producer responsibility for packaging in the United States: Key elements and considerations - Product Law...

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Have you heard the term “EPR” for years but thought (hoped?) it did not apply to your company's operations? Read on for an overview of the state extended producer responsibility (EPR) requirements that have been enacted in...more

Orrick, Herrington & Sutcliffe LLP

FTC revises three rules to conform with federal court decisions

On February 12, the FTC issued a final rule in the Federal Register to conform three of its recent rules to federal court decisions, revising the Negative Option Rule and withdrawing both the Combating Auto Retail Scams Trade...more

Morgan Lewis

'No Artificial Colors' Claims Get More Colorful As FDA Announces Shift Away from Petroleum-Based Food Dyes

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The US Food and Drug Administration (FDA) recently announced that brands may label their products as without “artificial colors” as long as the colors are not petroleum-based. Although this may provide limited comfort from an...more

Bradley Arant Boult Cummings LLP

Developer Liable to Contractor for Misrepresentations Regarding Project Funding

The Eighth Circuit Court of Appeals has affirmed a jury verdict finding that a developer and its founder defrauded a contractor by misrepresenting the availability of construction funding....more

Baker Botts L.L.P.

Pentagon Recruits Business Operators for National Defense

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On February 13, 2026, United States Secretary of War Pete Hegseth announced the creation of the Business Operators for National Defense program ("BOND") through a video released to social media....more

Conyers

Conversion of a Cayman Umbrella Fund from an Exempted Company to a Segregated Portfolio Company

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Umbrella fund structures in the Cayman Islands are commonly established either as an exempted company (“EC”) or as a segregated portfolio company (“SPC”)....more

McDermott Will & Schulte

Federal court vacates FTC’s new HSR rules

On February 12, 2026, the US District Court for the Eastern District of Texas set aside and vacated the Federal Trade Commission’s (FTC) new premerger notification form and instructions....more

Fenwick & West LLP

Federal Court Tosses New HSR Rules

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A federal judge in Texas has vacated the Federal Trade Commission’s adoption of a sweeping overhaul of the federal pre-merger notification regime that became effective in February 2025. ...more

Baker Botts L.L.P.

Your AI Conversations May Not Be Privileged: What United States v. Heppner Means for Every Organization Using AI

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If anyone at your organization has ever discussed a legal matter with a consumer AI chatbot, a federal judge just confirmed what nearly half of in-house counsel already feared: those conversations are likely not privileged....more

McDermott Will & Schulte

Life sciences dealmaking accelerates in 2026: Key insights from EY’s Firepower M&A Report

Life sciences companies are entering 2026 with momentum. According to Ernst and Young’s (EY) 2026 Firepower M&A Report, dealmaking is accelerating — driven not by short-term market shifts, but by long-term strategic...more

Baker Botts L.L.P.

New HSR Rules Overturned by Federal Court — What Filers Need to Know

Baker Botts L.L.P. on

On February 12, 2026, the U.S. District Court for the Eastern District of Texas vacated the FTC’s 2024 HSR Final Rule (titled “Premerger Notification; Reporting and Waiting Period Requirements”), which went into effect on...more

DLA Piper

US Government Authorizes US Entities To Transact In Venezuelan-Origin Oil

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As Venezuela’s political environment continues to shift, the Trump Administration has authorized US persons to undertake a variety of activities involving Venezuelan-origin oil that had previously been prohibited. On...more

Mayer Brown

Contracting for Agentic AI Solutions: Shifting the Model from SaaS to Services

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Takeaway: As agentic AI products shift from passive tools to autonomous actors, we see a move beyond traditional SaaS contracting models to a hybrid approach incorporating BPO-style clauses, including clauses covering service...more

Hogan Lovells

Agentic payments and the new fraud landscape for retailers

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Agentic payments create new opportunities for fraud. When an external AI agent is increasingly the “shopper”, both the merchant and payments provider sees less of the human and more of an automated request. That loss of...more

Troutman Pepper Locke

Delaware Supreme Court Reverses Chancery Court Opinion: Restrictive Covenants Not Rendered Unenforceable by Post-Formation...

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On February 3, 2026, the Delaware Supreme Court, sitting en banc, issued an order in North American Fire Ultimate Holdings, LP v. Alan Doorly, reversing the Court of Chancery’s dismissal of claims to enforce restrictive...more

Mandelbaum Barrett PC

Cannabis Alert: Statewide Administrative Hold in METRC—What Operators Need to Know

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A major compliance development is affecting New Jersey’s cannabis market. As of February 5th, the New Jersey Cannabis Regulatory Commission (“CRC”) has implemented a statewide Administrative Hold in METRC for packages...more

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