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Regulatory
•4 min read

SEC Advisory Committee to Address Small Business Capital Rules Feb. 24

The SEC's Small Business Capital Formation Advisory Committee will hold a public meeting on February 24, 2026, to continue discussions on regulatory frameworks for finders and explore private secondary market issues. The meeting represents ongoing efforts to address capital formation challenges facing small businesses.

•SEC Small Business Capital Formation Advisory Committee meeting scheduled for February 24, 2026 at 10 a.m. ET
•Focus on regulatory frameworks for finders and exploration of private secondary markets
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Regulatory
•4 min read

SEC Approves $362.1M PCAOB Budget for 2026 with 9.4% Increase

The Securities and Exchange Commission approved the Public Company Accounting Oversight Board's 2026 budget totaling $362.1 million, marking a 9.4% increase from the previous year. The budget approval includes the accounting support fee that funds PCAOB oversight of public company auditors.

•PCAOB's 2026 budget totals $362.1 million, up 9.4% from previous year
•Budget increase of $37.6 million reflects expanded regulatory oversight needs
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Legal News
•4 min read

Massachusetts City Faces Lawsuit Over Religious Statues on Public Building

The city of Quincy, Massachusetts is defending its plan to display statues of Saint Michael the Archangel and Saint Florian on its new public safety headquarters. The ACLU and local residents filed a lawsuit claiming the religious symbols violate the state constitution's religious freedom provisions.

•Quincy mayor commissioned statues of patron saints of police and firefighters for new public safety building
•ACLU and residents filed lawsuit claiming violation of Massachusetts Constitution's religious freedom clause
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Regulatory
•4 min read

Supreme Court Hears Trump v. Cook on Fed Governor Removal Powers

The Supreme Court heard oral arguments in Trump v. Cook, a case examining President Trump's authority to remove Federal Reserve Governor Lisa Cook. Fed Chairman Jerome Powell attended despite Treasury Secretary criticism, highlighting tensions over central bank independence.

•President Trump seeks to remove Fed Governor Lisa Cook, challenging traditional Federal Reserve independence
•Fed Chairman Jerome Powell attended oral arguments despite Treasury Secretary criticism about influencing proceedings
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Supreme Court
•4 min read

Supreme Court Begins Winter Recess After Trump v. Cook Arguments

The Supreme Court has entered a four-week winter recess following the conclusion of its January argument session. The final week included oral arguments in Trump v. Cook regarding the president's effort to remove Federal Reserve Board member Lisa Cook and an emergency petition from California Republicans challenging new electoral maps.

•Supreme Court begins four-week winter recess after completing January argument session
•Court heard arguments in Trump v. Cook regarding presidential removal of Federal Reserve Board member
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Federal Circuit
•4 min read
Seventh Circuit Court of Appeals

7th Circuit Rules on Gas Company Insurance Coverage After Georgia Explosion

The U.S. Court of Appeals for the Seventh Circuit has ruled in an insurance coverage dispute between Atlanta Gas Light Company and Navigators Insurance Company stemming from a 2018 gas line explosion in Georgia that severely injured three women. The case centers on whether the insurer must cover settlement costs after a contractor failed to properly mark gas lines.

•A 2018 gas line explosion in Homerville, Georgia severely injured three women when a contractor failed to properly mark gas lines owned by Atlanta Gas Light Company
•Navigators Insurance Company denied coverage to Atlanta Gas Light, arguing the company was not an additional insured under the excess policy
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Federal Circuit
•2 min read
Ninth Circuit Court of Appeals

9th Circuit Reverses, Rules for KJ-Park in $7M Match Group Lease Dispute

The Ninth Circuit Court of Appeals reversed a district court ruling and sided with KJ-Park LLC in a commercial lease dispute with Match Group over a Palo Alto office building. The appellate court found issues with the lower court's summary judgment ruling that had favored Match Group in the nearly $7 million damages case.

•Ninth Circuit reversed district court's summary judgment ruling, siding with KJ-Park LLC against Match Group
•KJ-Park LLC sought nearly $7 million in damages claiming improper lease termination by Match Group
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Federal Circuit
•4 min read
Third Circuit Court of Appeals

3rd Circuit Vacates Cannabis Business Contract Ruling Over Federal Law

The Third Circuit Court of Appeals vacated a district court's summary judgment ruling in a cannabis industry dispute, ordering further review of whether the consulting contract violates federal law. The appellate court remanded the case involving Apical Biotek LLC and multiple Maitri entities back to the Western District of Pennsylvania.

•Third Circuit vacated district court summary judgment ruling due to unresolved federal law questions
•Case involves cannabis consulting contract between Apical Biotek and multiple Maitri cannabis companies
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State Court
•4 min read
New Mexico Supreme Court

New Mexico High Court Affirms Murder Conviction in Matricide Case

The New Mexico Supreme Court affirmed the first-degree murder conviction of Nicholas M. Hubbard for killing his mother Esther Hubbard. The court rejected Hubbard's claims of insufficient evidence, improper jury instructions, and evidentiary errors in the January 22, 2026 decision.

•Nicholas Hubbard's first-degree murder conviction for killing his mother was affirmed by the New Mexico Supreme Court
•The court rejected four appellate arguments including insufficient evidence and improper jury instructions
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State Court
•4 min read
Arkansas Supreme Court

Arkansas Supreme Court Affirms Adult Trial for Juvenile Capital Murder Case

The Arkansas Supreme Court affirmed a circuit court's denial of Jonathan Rolfe's motion to transfer his capital murder case to juvenile court. Rolfe, charged as an adult for allegedly killing three family members including his mother, challenged the constitutionality of the state's juvenile transfer statute.

•Arkansas Supreme Court affirmed denial of motion to transfer Jonathan Rolfe's capital murder case to juvenile court
•Rolfe challenged Arkansas Code section 9-27-318 as unconstitutional, but court cited 2012 precedent rejecting same argument
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