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Trade & Procurement
Recent changes
Richardson et al. v. Jawahar et al - Securities Fraud Case Ruling
The U.S. District Court for the District of Delaware denied a motion to stay a securities fraud case filed by Kathryn A. Richardson, Trustee, against Siddharth Jawahar. The court found that the defendant's arguments for a stay, based on potential Fifth Amendment self-incrimination during ongoing criminal proceedings, were not sufficiently supported.
Competition Bureau Guidance on Promotional Contest Transparency
The Competition Bureau of Canada has issued guidance reminding businesses and influencers that promotional contests must provide honest and transparent information to consumers. Key details such as prize value, regional allocation, purchase requirements, and winner selection methods must be clearly disclosed.
New York Disaster Emergency Declaration Extended
New York Governor Kathy Hochul has extended the state disaster emergency declared due to extreme temperatures and winter storms. The extension allows state and local governments to bypass standard procurement policies for essential supplies and services until March 19, 2026.
Executive Order Extending Disaster Emergency for Healthcare Staffing Shortages
New York Governor Kathy Hochul has extended a disaster emergency declaration for New York County due to ongoing healthcare staffing shortages caused by a nursing strike. The order continues previous emergency measures through February 24, 2026, aiming to ensure continuity of care and patient safety.
State AGs Seek Enforcement of Order on Disaster Funding
Massachusetts Attorney General Andrea Joy Campbell and 23 other states have filed a motion asking a federal court to enforce its December 11, 2025 order that prohibited FEMA from terminating the Building Resilient Infrastructure and Communities (BRIC) program. The states allege the federal government has not complied with the order to resume funding for disaster preparedness projects.
State AGs Oppose Termination of Haiti TPS
Massachusetts Attorney General Andrea Joy Campbell co-led a coalition of 18 attorneys general in filing an amicus brief opposing the Trump Administration's effort to terminate Haiti's Temporary Protected Status (TPS). The brief urges the Court of Appeals to affirm a lower court's decision to postpone the termination while litigation continues.
Guilty Verdicts for Unlicensed Dentistry, Illegal Prescribing, Medicaid Fraud
The Massachusetts Attorney General's Office secured guilty verdicts against Fritz Gabriel for Medicaid fraud, illegal prescribing, and unlicensed dentistry. Gabriel defrauded MassHealth of approximately $245,000 by billing for services not rendered and illegally prescribing controlled substances. Sentencing is scheduled for February 26, 2026.
EIOPA Guidelines on Assessing Undertaking Resolvability
The European Insurance and Occupational Pensions Authority (EIOPA) has published final guidelines specifying criteria for assessing the resolvability of insurance undertakings and groups. These guidelines focus on the feasibility and credibility of resolution strategies as outlined in the Insurance Recovery and Resolution Directive (IRRD).
EIOPA Final Report on Draft Recovery Plan Standards for Insurers
EIOPA has published its final report on draft Regulatory Technical Standards (RTS) for pre-emptive recovery plans for insurers. The standards specify minimum elements for recovery plans, aiming to ensure insurers can restore their financial position during significant deterioration. The publication date was February 16, 2026.
EIOPA Guidelines on Resolvability Impediments and Measures
The European Insurance and Occupational Pensions Authority (EIOPA) has published final guidelines detailing alternative measures for resolution authorities to address impediments to the resolvability of insurance and reinsurance undertakings. These guidelines specify further details on measures listed in the IRRD and the circumstances for their application.
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