Highway 75 Resurfacing Starts April 27 Near Moorhead

MnDOT announces a $1.4 million resurfacing project on Highway 75 south of Moorhead between 46th Avenue and the County Road 12/60th Avenue roundabout, starting April 27 and expected to complete by mid-June. Border States Pacing Inc., based in Fargo, is the prime contractor. Work will occur under traffic with daily lane closures, flagging operations, and pilot car use; no detour is required. Motorists are advised to slow down, obey traffic control, and remain alert for workers and equipment.

I-90 Austin Bridge Lane Changes Begin April 22

The Minnesota Department of Transportation announces that traffic on Interstate 90 at the Highway 218 north (14th Street NW) bridge in Austin will be reduced to single lanes in each direction beginning the afternoon of April 22, 2026. Demolition of the northbound bridge is scheduled for April 24–27, 2026, from 7 p.m. Friday through 6 a.m. Monday. The southbound bridge will be closed during demolition, with single-lane traffic maintained on the southbound structure until late June when second-bridge demolition and new construction commence.

National Registry for Radiation Workers Guidance Published by UKHSA

UKHSA published guidance on the National Registry for Radiation Workers (NRRW), a long-running UK epidemiological study established in 1976 to monitor health effects of low-dose occupational radiation exposure. The registry currently holds data on over 270,000 workers from nuclear industry employers including the Ministry of Defence, former British Nuclear Fuels Ltd sites, UK Atomic Energy Authority, and nuclear power generation sites. The study operates an opt-out policy with an estimated opt-out rate of approximately 1%, allowing workers to request exclusion at any time via email.

National Registry Radiation Workers UK GDPR Privacy Notice

UKHSA published its privacy notice for the National Registry for Radiation Workers (NRRW), explaining how personal data is collected, processed, and protected under UK GDPR. The registry covers radiation workers employed by participating organisations since 1976, with retrospective data going back to the late 1940s, collecting identifying information, employment details, and radiation exposure data. Individual personal data is not shared outside UKHSA, though aggregated data may be shared with international collaborating scientists for combined cohort analyses.

Merger of BNFL, UKAEA and AWE Worker Epidemiology Studies into NRRW

UKHSA has published guidance on the planned merger of three long-term epidemiological studies of nuclear radiation workers into the National Registry for Radiation Workers (NRRW). The three studies—covering workers from British Nuclear Fuels Ltd (BNFL), UK Atomic Energy Authority (UKAEA), and the Atomic Weapons Establishment (AWE)—will be merged on 1 January 2024, creating a single national resource to study radiation risks with increased statistical power. The merger adds approximately 30,000 workers monitored for internal radiation exposure and introduces a non-radiation worker comparison group to account for the healthy worker effect.

NRRW Radiation Worker Cohort: Non-Melanoma Skin Cancer and Ischaemic Heart Disease Dose-Response Studies

UKHSA published results from two studies based on the National Registry for Radiation Workers (NRRW) cohort examining radiation dose-response relationships for non-melanoma skin cancer (NMSC) and ischaemic heart disease (IHD) mortality. The NMSC study (172,452 workers, 5.25 million person-years) found that basal cell carcinoma (BCC) risk increased with cumulative radiation dose but the association was largely explained by ultraviolet radiation exposure based on tumour location. The IHD study (174,541 workers, 9,814 deaths) found a statistically significant excess relative risk of 0.32 per sievert, with a linear-quadratic dose-response relationship exhibiting downward curvature at doses above 0.4 Sv. Both studies were published in peer-reviewed journals (International Journal of Cancer and Journal of Radiological Protection) and represent open-access findings from the NRRW third analysis with extended follow-up.

INWORKS: Collaborative Study on Nuclear Workers Using NRRW Data

UKHSA published guidance on the International Nuclear Workers Study (INWORKS), an epidemiological study coordinated by IARC that pools data from 308,297 nuclear workers in the UK, US and France. The study found a statistically significant association between radiation dose and mortality from solid cancers (48% increase per Sv), leukaemia (2.96 per Sv), and circulatory diseases (22% per Sv). Mean follow-up was 27 years with 66,632 deaths observed. Mean individual cumulative external dose was 25 mSv over the monitoring period.

INWORKS2 Study: Radiation Dose-Response Findings for Nuclear Workers

UKHSA has published findings from the INWORKS2 study, an update to the International Nuclear Workers Study coordinated by the International Agency for Research on Cancer (IARC). The INWORKS2 dataset covers 309,932 nuclear workers across France, the UK, and the US with follow-up from 1944 to 2016, representing a 56% increase in deaths (to 103,553) and an additional 3 million person-years of observation compared to the original INWORKS dataset. The study examines dose-response relationships between cumulative external radiation exposure and mortality from solid cancers, haematological cancers, and non-cancer outcomes.

Pilot Study Evaluates Occupational Health Data for Radiation Effects

UKHSA has announced a pilot study to evaluate approximately 7,000 electronically stored occupational health records from Springfields Fuels Ltd, assessing data on smoking, alcohol consumption, blood pressure, obesity, and asbestos exposure. The study will match this health and lifestyle information to workers in the National Registry of Radiation Workers (NRRW) to determine if such data can improve the accuracy of radiation risk estimates for common diseases. Upon completion, the dataset will be deleted while extraction and matching programs are retained for potential future use.

Joint Forum of Financial Regulators Discuss Retiree Financial Security at Annual Meeting in Montreal

The Joint Forum of Financial Market Regulators held its Annual Meeting in Montreal, Quebec on April 15, 2026, bringing together members of the Canadian Council of Insurance Regulators (CCIR), Canadian Securities Administrators (CSA), Canadian Association of Pension Supervisory Authorities (CAPSA), Canadian Insurance Services Regulatory Organizations, and Mortgage Brokers' Council of Canada. Presentations from the OECD, National Institute on Ageing (NIA), and keynote speaker Jorge Tenreiro addressed retiree financial security, access to quality financial advice, and cross-sector regulatory coordination. While no binding actions were taken, the forum signals continued regulatory focus on how retirees interact with financial products spanning multiple regulated sectors.

Official Gazette of Italy Serie Generale No. 92

The Official Gazette of Italy (Gazzetta Ufficiale della Repubblica Italiana), Serie Generale No. 92, published Tuesday April 21, 2026 (Year 167), serves as an administrative bulletin containing references to decrees, ministerial decisions, and official announcements. Notable entries include extension of emergency state for municipalities affected by February 2025 flooding in Grosseto, Livorno, Lucca, and Pistoia provinces; issuance of indexed and fixed-rate Treasury bonds; pharmaceutical authorization modifications including epirubicin, fingolimod, and apixaban; and resource allocations under the FSC 2021-2027 fund for disability policies and the 800th anniversary of San Francesco d'Assisi.

Italy Official Gazette April 21, 2026: Treasury Bonds, Emergency Extended, Pharma Authorizations

The Italian Official Gazette (Serie Generale n. 92, April 21, 2026) publishes multiple government instruments: the Ministry of Economy and Finance (MEF) Decree of April 15, 2026 authorizes issuance of a first tranche of 3.80% annual coupon Buoni del Tesoro Poliennali, with accrual from April 22, 2026 and maturity July 1, 2036, via underwriting syndicate; a second tranche of 2.25% BTP€i indexed to the Eurostat index matures February 15, 2046; the Council of Ministers extends the state of emergency for February 2025 weather events affecting municipalities in Grosseto, Livorno, Lucca, and Pistoia provinces; and AIFA publishes modifications to multiple pharmaceutical marketing authorizations including Fingolimod Towa, Pharmacort, Apixaban Pharmacare, and Bisoprololo Sandoz, plus decadenza of Tobral and Tobradex parallel import authorizations.

Whitmer Awards $4M Apprenticeship Grants for 606 Michiganders

Gov. Gretchen Whitmer and the Michigan Department of Labor and Economic Opportunity (LEO) awarded $4 million in State Apprenticeship Expansion grant funding to 13 workforce development partners. The funding will benefit 606 Michiganders through earn-as-you-learn Registered Apprenticeship programs across advanced manufacturing, supply chain, educational services, health and human services, and information technology sectors. Recipients include Michigan Works! regional consortia and the Workforce Development Institute, which received the largest allocation of $996,600 to serve 151 apprentices.

Michigan Awards $4M in Youth Employment Grants to Michigan Works Agencies

Michigan LEO announced $4 million in youth employment grants ($3M Young Professionals + $1M Young Professionals Plus) awarded to 16 Michigan Works! agencies statewide. The grants support career exploration, job skills training, and employment opportunities for youth ages 14-24 facing employment barriers. Individual agency allocations range from $55,000 to $218,018, with recipients including Capital Area Michigan Works!, Detroit Employment Solutions Corporation, Great Lakes Bay Michigan Works!, and 13 other regional agencies. In 2025, more than 600 young people participated in Young Professionals activities.

Michigan Seeks $30M for Residents' Work Requirements Under H.R. 1

Michigan state officials are advocating for $30 million in FY27 funding to help residents comply with new federal work requirements under H.R. 1. The funding would allocate $25 million to workforce training through Michigan Works! agencies and $5 million to Registered Apprenticeships. Michigan officials report a 16,783% increase in SNAP referrals for employment services comparing Q1 FY25 to Q1 FY26, with approximately 800,000 residents expected to be affected by the expanded requirements across SNAP, Medicaid, and unemployment programs.

Governor Rhoden Proclaims National Apprenticeship Week, Apr 26

Governor Larry Rhoden proclaimed April 26 - May 2, 2026 as National Apprenticeship Week in South Dakota, recognizing the role registered apprenticeships play in workforce development. In February 2026, the Governor signed Senate Bill 63 into law, establishing the State Office of Apprenticeship and designating South Dakota as a State Apprenticeship Agency, bringing oversight of registered apprenticeship programs closer to employers and workers.

Drive-Thru Hiring Event, Yankton, Apr 28

Yankton Job Service will host a Drive-Thru Hiring Event on Tuesday, April 28, 2026, from 4-5:30 p.m. CDT at the Riverfront Broadcasting parking lot, 1019 Broadway Ave. in Yankton, S.D. Job seekers can drive through to pick up packets featuring local employers, job openings, and additional resources. Businesses interested in participating can register by emailing Laura Marshall at workforce@yanktonsd.com or by calling 605-665-3636, ext. 103.

Calvitti Pools & Spas v. Patton – Arbitration Award Confirmed, $134,044 Motion to Transfer Denied

The Delaware Court of Chancery confirmed a $134,044 arbitration award in favor of Calvitti Pools & Spas, Inc. in a pool construction dispute with defendants Stephanie and Robert Patton. The court denied defendants' motion to transfer the case to the Court of Common Pleas, rejecting the argument that the Delaware Uniform Arbitration Act vests that court with exclusive jurisdiction over arbitration claims involving consumer credit contracts. The arbitrator had found both defendants were bound by the Pool Contract and Arbitration Agreement, that defendants breached by refusing payment and preventing completion, and that defendants' counterclaims failed.

Chertok v. OnSolve - Stockholder Merger Consideration and Release Claims

The Delaware Court of Chancery issued a post-trial memorandum opinion in Chertok v. OnSolve (C.A. No. 2020-0417-PAF), finding that OnSolve LLC breached its Certificate of Incorporation by conditioning payment of merger consideration on stockholders executing a release agreement. The court ruled that stockholder Douglas M. Chertok, having prevailed on his breach of contract claim, is entitled to prejudgment interest as a matter of right, calculated at the legal rate in effect when payment became due without compounding. SDTC Advisors LLC and Chertok sought damages exceeding the per-share merger consideration, but the court limited damages to the merger consideration amount under the agreement terms.

ESMA Publishes 2025 ESEF XBRL Taxonomy Files and Conformance Suite

ESMA published the 2025 European Single Electronic Format (ESEF) XBRL taxonomy files and updated ESEF Conformance Suite 2025 on 21 April 2026. The 2025 taxonomy reflects the introduction of IFRS 18 Presentation and Disclosure in Financial Statements, effective from 1 January 2027, and includes two entry points allowing issuers to report under either IAS 1 or IFRS 18. ESMA does not plan to amend the ESEF RTS or taxonomy in 2026, providing greater regulatory stability and more time for implementation ahead of the new standard.

People v. Landrine - 6th District, 4 Records Found

The California Court of Appeal, 6th District search results display four trial court case numbers (C2010146, C2014427, C2105263, C2106393) all linked to appellate case number H052071, captioned The People v. Landrine. The search results provide direct links to each trial court case record within the appellate case docket.

Martinez v. Sierra Lifestar, Inc. — Civil Appeal, Fifth District

This docket entry reflects a civil appeal filed in the California Court of Appeal, Fifth Appellate District, Case No. F089576. The case caption is Martinez v. Sierra Lifestar, Inc. An oral argument is scheduled for March 24, 2026 at 9:00 AM. The page provides links to the opinion PDF, parties and attorneys, and trial court information but does not contain the full opinion text. The filing date is March 28, 2025, and the case type is CV (civil).

Route 4023 Tipton Road Detour, Blair County, for Norfolk Southern Railroad Crossing Maintenance

PennDOT announced that Route 4023 (Tipton Road) in Tipton, Blair County, will be closed and detoured for approximately two to three days between Monday, April 27 and Friday, May 1, 2026, for Norfolk Southern Railroad crossing maintenance. The exact dates remain dependent on track time, equipment availability, and weather conditions. The detour route will direct drivers via BUS US 220 (Old US 220)/Route 1001 East Pleasant Valley Boulevard and Route 4025 (Grazierville Road).

Nighttime Lane Closures on I-476 in Delaware County April 27-29

PennDOT announces nighttime lane closures on I-476 in Delaware County from April 27-29, 2026, between 9:00 PM and 5:00 AM, as part of a $63.7 million resurfacing project covering nearly 17 miles of interstate from I-76 in Montgomery County to I-95 in Ridley Township, Delaware County. Lane closures will affect northbound and southbound I-476 between the Rogers Lane overpass and Papermill Road underpass, between the Marple Road overpass and Route 3 interchange, and multiple ramps including those from U.S. 1 and U.S. 30. Motorists are advised to allow extra time because backups and delays will occur, with all activities weather dependent.

Temporary Shoulder Restrictions Southbound Route 15 Adams County April 24

PennDOT announced temporary shoulder restrictions on Friday, April 24, at four locations on southbound Route 15 between Route 94 in Huntington Township and Route 234 in Tyrone Township, Adams County. The closures will allow contractor JVI Group, Inc. to obtain core samples for material depth verification ahead of an upcoming resurfacing project. Work will occur during daylight hours and travelers are advised to remain alert through the work zone.

I-95 Ramp Closures at Front Street Through May 21, South Philadelphia

PennDOT announced that two I-95 ramps at Front Street in South Philadelphia will be closed 24/7 through approximately Thursday, May 21, 2026, as part of a $56.1 million high-priority bridge and ramp repair project. The ramp from Front Street to northbound I-95 and the ramp from southbound I-95 to Front Street will both be affected, with PennDOT coordinating temporary lane reopenings around high-volume events at the Sports Complex. IEW Construction Group, Inc. of Hamilton, N.J., is the general contractor on the project, which is financed with 100 percent federal funds. Motorists are advised to use Oregon Avenue and Columbus Boulevard for northbound I-95 access, and Broad Street (Route 611) and Packer Avenue for Front Street access from southbound I-95.

Route 44 Bridge Restoration Project Over West Branch Susquehanna River in Lycoming County

PennDOT announced a $3.1 million bridge restoration project on Route 44 over the West Branch Susquehanna River in Nippenose Township and Jersey Shore Borough, Lycoming County. Contractor Spartan Contracting, LLC will begin mobilizing equipment and materials on Monday, April 27, 2026, with single lane restrictions and flagging during daylight hours. Work includes steel repairs and painting, with anticipated completion in fall 2026 weather permitting.

I-380 Southbound Lane Restriction Wednesday in Lackawanna County

The Pennsylvania Department of Transportation has announced a right lane restriction on Interstate 380 southbound between the Interstate 84/Interstate 380 split and Exit 22 (Moscow) in Lackawanna County on Wednesday, April 22, 2026, from 7:00 AM to 4:00 PM for bridge repairs. Motorists are advised to drive the posted speed limit, turn on headlights, pay close attention to signs and flaggers, and avoid distractions in work zones. Drivers can check real-time road conditions on major roadways by visiting 511PA.com or using the 511PA smartphone application.

Bridge Rehabilitation Continues on Routes 239/487 in Benton Borough, Columbia County

PennDOT announces continued bridge rehabilitation work on Routes 239/487 over Fishing Creek in Benton Borough, Columbia County, Pennsylvania. Prime contractor Kinsley Construction will set bridge beams in the northbound lane on April 27, 2026, requiring single-lane flagging operations with potential travel delays. The $4.5 million project includes superstructure removal, new bridge beams and deck installation, sewer relocation, approach roadway work, ADA ramp construction, paving, and line painting, with completion anticipated in Fall 2026.

I-80 Westbound Lane Closure, Jefferson County, April 27th

PennDOT and Bridging Pennsylvania Constructors will close the right lane of I-80 westbound, just east of Richardville Road in Jefferson County, beginning at 7:00 AM on Monday, April 27, 2026. The lane closure is required to accommodate paving operations and is expected to remain in place for approximately seven days. The closure is part of the I-80 North Fork Bridges Project, which includes replacement of the Eastbound and Westbound bridges over State Route 4003 (Jenks Street) and State Route 4005 (Richardsville Road) bridges over I-80, with project completion anticipated in summer 2028.

Lane Restriction and Rolling Slowdowns on Interstate 81 in Luzerne County

PennDOT announces lane restrictions and rolling slowdowns on Interstate 81 northbound and southbound in Luzerne County, Pennsylvania, between Exit 155 (Dorrance), Exit 159 (Nuangola), and Exit 151B (Bloomsburg/Interstate 80 Junction). The work is scheduled for Thursday, April 23, 2026, between 9:00 AM and 3:00 PM to relocate aerial utility cables. Motorists are advised to check 511PA for real-time traffic conditions.

Route 87 Bridge Replacement Over Ogdonia Creek in Sullivan County

John Nastase Construction has been awarded a $2,227,777 contract for bridge replacement on Route 87 over Ogdonia Creek in Hillsgrove Township, Sullivan County. The contractor will install temporary traffic signals and a one-lane temporary bridge on April 28, 2026, to facilitate demolition of the existing structure and construction of the new bridge. The project includes approach work, paving, line painting, guide rail installation, and removal of the temporary roadway, with an anticipated completion date of fall 2026.

I-81 Bridge Inspection, Harrisburg Pike, Delays Expected

PennDOT announced a bridge inspection on the northbound and southbound I-81 bridges over Route 11 (Harrisburg Pike) near Exit 52 in Middlesex Township, Cumberland County, Pennsylvania. Weather permitting, the work is scheduled for 9:00 AM to 3:00 PM on Tuesday, April 28, 2026, with lane restrictions on Route 11 northbound and southbound under the bridges. Drivers should expect delays and are advised to check 511PA for real-time traffic conditions.

Route 87 Bridge Replacement Over Slab Run in Hillsgrove Township, Sullivan County

PennDOT announced a $1.5 million bridge replacement project on Route 87 over Slab Run in Hillsgrove Township, Sullivan County, with contractor John Nastase Construction beginning work on April 27, 2026. The project includes shoulder widening, bridge replacement using half-width construction, mill and resurface, line painting, guide rail upgrade, and stream restoration. Motorists should expect single lane conditions with flagging during daylight hours, with completion anticipated in fall 2026.

Leon Smith Named 2026 National Teacher of the Year

Leon Smith, a secondary teacher at Haverford High School in Havertown, Pennsylvania, has been named the 2026 National Teacher of the Year by the Council of Chief State School Officers (CCSSO). This marks the second consecutive year a Pennsylvania educator has received the national honor, following Ashlie Crosson's selection in 2025. Smith teaches AP US History and AP African American Studies and has served over two decades in the School District of Haverford Township.

Governor Gianforte, Montana Department of Transportation Promote Safe Work Zones

Governor Greg Gianforte joined the Montana Department of Transportation (MDT), AAA, and Montana Highway Patrol (MHP) on April 21, 2026, for a Mock Work Zone experience at MDT headquarters in Helena to mark National Work Zone Awareness Week (NWZAW). The event educated attendees on navigating work zones safely by walking through a construction zone with guided checkpoints. According to MDT data, Montana experienced an average of 235 work zone-related crashes per year between 2020 and 2024, including 12 fatal crashes and 284 injury crashes.

Nitesh Ratnakar M.D. Disciplinary Hearing Set Apr 28

The Medical Board of Ohio has scheduled an administrative disciplinary hearing for Nitesh Ratnakar M.D. on Tuesday, April 28, 2026 at 10:00 AM. The hearing will be conducted by the Board's Hearing Examiners for licensees who request a hearing based on a citation issued by the Medical Board. Interested parties may view the virtual hearing by registering via the provided Microsoft Teams link.

CT SB00397 Government Accountability Act Enrolled

Connecticut Senate Bill SB00397, the Government Accountability Act, has cleared both legislative chambers and is now enrolled. The Senate passed the bill as amended on April 14, 2026 (roll call vote 103: Yea 24, Nay 10), with House passage following on April 16, 2026. Senate Amendments Schedule A and B were adopted while Schedule C was rejected. The bill enacts statutory provisions for the accountable administration and enforcement of state law. It now awaits gubernatorial action before becoming law.

GP Stakes Decoded: A Dual-Lens Guide for Sponsors and Investors

Mayer Brown has published a three-part series analyzing GP (General Partner) stake transactions in alternative asset management, covering strategic rationale, valuation, structure, governance, and relationship management. The series provides parallel perspectives for sponsors seeking liquidity or growth capital and investors evaluating minority stakes in private equity, private credit, real estate, infrastructure, and secondaries managers. Key topics include founder liquidity, control allocation, economic alignment, clawback liability, and investor disclosure obligations.

REVERSEinquiries Newsletter, Volume 7, Issue 2 - Structured and Market-Linked Products

Mayer Brown's REVERSEinquiries newsletter, Volume 7, Issue 2, covers structured and market-linked product regulatory developments. Key items include a FINRA member settlement for Regulation S compliance procedures, a FINRA proposed amendment to Rule 2210 to permit the use of projections in communications, a Second Circuit dismissal of ETN reverse stock split litigation, and monitoring program issuance limits. This is a law firm advisory publication summarizing multiple regulatory topics — not a regulatory action itself.

DOL Issues ERISA Fiduciary Guidance on Proxy Advisory Services

The US Department of Labor issued Technical Release 2026-01 on April 15, 2026, providing guidance on ERISA fiduciary requirements and preemption provisions as they apply to proxy advisory services. The DOL takes the position that proxy advisory firms regularly qualify as ERISA fiduciaries—both as functional fiduciaries under Section 3(21)(A)(i) when exercising discretion over voting policies, and as investment advice fiduciaries under Section 3(21)(A)(ii) when providing advice to ERISA plan clients on how to exercise shareholder rights. The Technical Release also addresses ERISA preemption of state laws regulating proxy advisory firms, concluding that certain disclosure requirements may not have a sufficient connection to ERISA plans to trigger preemption.

DOL Technical Release 2026-01 on Proxy Advisors as ERISA Fiduciaries

The DOL's Technical Release 2026-01 establishes that proxy advisory firms qualify as functional fiduciaries under ERISA when they exercise authority over shareholder voting rights or provide investment advice for a fee to ERISA plans. The Release clarifies that proxy rights are plan assets subject to ERISA and that managing proxy rights is fiduciary in nature, requiring exclusive pursuit of maximizing risk-adjusted investment returns. This marks a departure from prior DOL guidance under the Biden administration regarding ESG factor consideration. The Release also addresses state laws regulating non-financial objectives in securities recommendations, generally finding such laws are not preempted by ERISA.

SEC and CFTC Issue Joint Interpretive Guidance Classifying Crypto Assets Under Securities Laws

On March 17, 2026, the SEC and CFTC jointly issued interpretive guidance establishing a taxonomy-based framework for determining whether crypto assets constitute securities under federal law. The guidance supersedes the SEC's 2019 Framework for 'Investment Contract' Analysis of Digital Assets, shifting from an as-applied enforcement approach to a structured classification system. It applies the Howey test to five categories: digital commodities (e.g., Bitcoin, Ether, Solana, XRP), digital collectibles, digital tools, certain stablecoins, and digital securities.

Oregon HB 4116 Bans Out-of-State Banks From Exceeding 36% Interest Rate on Consumer Loans

Oregon HB 4116 was signed by Governor Tina Kotek on April 7, 2026, prohibiting out-of-state FDIC-insured, state-chartered banks from making consumer finance loans of $50,000 or less to Oregon borrowers using interest rates exceeding Oregon's 36% cap. The law takes effect June 5, 2026, and applies to anyone originating, brokering, or facilitating consumer loans to Oregon residents by mail, telephone, or the Internet. Oregon becomes the fourth jurisdiction to opt out of DIDMCA, following Puerto Rico, Iowa, and Colorado, though national banks remain unaffected.

SEC Exemptive Order Permits 10-Business-Day Tender Offer Minimums

The SEC Division of Corporation Finance's Office of Mergers and Acquisitions issued an exemptive order on April 16, 2026 allowing certain tender offers for equity securities to remain open for a minimum of 10 business days instead of the standard 20 business days required under Exchange Act Rules 13e-4(f)(1)(i) and 14e-1(a). The order applies to both reporting and non-reporting companies and covers negotiated third-party tender offers as well as issuer tender offers, subject to conditions including cash-only consideration, no going-private transactions, and heightened early-disclosure requirements for material changes by 9:00 a.m. Eastern time.

FCA, PRA, BoE Unify Cyber Reporting Rules for 2027

On March 18, 2026, the FCA, PRA, and Bank of England announced a unified cyber and operational resilience framework establishing a single incident reporting portal across all three regulators, replacing fragmented notification processes that previously varied by regulator and incident type. The framework mandates that firms register material third party arrangements annually and notify regulators of new or significant changes, while explicitly preserving firm accountability regardless of whether a cloud provider, payments processor, or software vendor caused the disruption. The final rules take effect March 18, 2027, requiring firms to re-test severe cyber scenarios, strengthen crisis communications, and validate third party resilience capabilities.

OFAC and BIS Violations: Whistleblower, Witness, or Confidential Source?

This Friling Law advisory article examines the legal and strategic distinctions between whistleblowers, confidential sources, witnesses, and complainants in the context of OFAC sanctions and BIS export-control violations. It describes enforcement trends driving increased reporting activity — including expanded sanctions reach, dual-use goods controls, and internal compliance red flags — and explains why proper classification of a reporting source affects credibility, anti-retaliation protections, confidentiality strategy, and legal exposure. The article provides FAQ guidance on anonymity, non-U.S. person eligibility, and the limits of OFAC's whistleblower reward program.

Canadian Update: Key Considerations for Cross-listing to U.S. Exchanges

Haynes Boone summarises three regulatory developments affecting Canadian companies seeking U.S. exchange listings: (1) MJDS-eligible issuers can list in as little as two months with a $75M public float threshold and may use Canadian-audited financials; (2) Nasdaq's January 15, 2026 amendment to Listing Rule 5215 now permits listing of ADRs for Canadian companies; and (3) the HFIA Act introduced new Section 16(a) reporting obligations for FPI directors and officers effective March 18, 2026, with the SEC granting a qualifying regulation exemption to Canadian FPIs on May 5, 2026. MJDS mining issuers also receive an exemption from Regulation S-K Item 1300 technical disclosure requirements.

United Airlines Q2 FY2026 Earnings and Fuel Guidance

United Airlines Holdings, Inc. issued its Q2 FY2026 investor update on April 21, 2026, providing adjusted diluted earnings per share guidance of $1.00 to $2.00 for Q2 2026 and $7.00 to $11.00 for full-year 2026, along with an estimated average aircraft fuel price of approximately $4.30 per gallon and adjusted total capital expenditures expected to be less than $8 billion for FY2026. The company also disclosed Q2 2026 profit sharing accrual estimates of $50 million to $95 million and provided updated fleet plans showing total mainline aircraft increasing from 1,100 in Q1 2026 to 1,180 by year-end 2026.

Laird Superfood Acquires Terrasoul Superfoods Private Securities Purchase Agreement

Laird Superfood, Inc., a Nevada corporation, has acquired all issued and outstanding membership interests of Terrasoul Superfoods, LLC, a Texas limited liability company, from Superfoods Seller LLC pursuant to a Securities Purchase Agreement dated April 21, 2026. The transaction involved a Reorganization prior to Closing, including an IRC Section 368(a)(1)(F) tax-free reorganization, with an Adjustment Escrow Amount of $1,500,000.00 and an earn-out structure tied to 2026 Contribution Profit thresholds. The agreement includes representations and warranties, indemnification provisions, restrictive covenant agreements with Members, and an Advisory Agreement with Dennis J. Botts.