The stay pauses litigation over the 2025 HSR form while the FTC and DOJ consider revisions.

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

On May 26, 2026, the Fifth Circuit granted the US government’s unopposed motion to stay proceedings in Chamber of Commerce v. FTC (No. 26-40094) through December 31, 2026. The stay pauses litigation over the HSR form that took effect in February 2025 and significantly expanded premerger notification requirements. During the stay

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.