The ruling impacts those with HSR filings expected to be submitted on or after February 20, 2026.

By Kyra K. Bromley, Patrick C. English, and Peter M. Todaro

Updated on February 19, 2026

On February 19, 2026, the Fifth Circuit granted an administrative stay, which keeps the “new” Hart-Scott-Rodino (HSR) premerger notification form in place and temporarily stays the district court’s order vacating the new form. The administrative stay will last until further order from the Fifth Circuit.