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Jeremy D. Kernodle

Jeremy D. Kernodle

United States District Judge, Eastern District of Texas

Appears in 3 stories

Notable Quotes

The Final Rule exceeds the FTC's statutory authority because the agency has not shown that the Rule's claimed benefits will 'reasonably outweigh' its significant and widespread costs.

The agency has not shown that the Rule's claimed benefits will 'reasonably outweigh' its significant and widespread costs.

Judge Kernodle found the government's theory of power was 'unlimited' and its actions likely unconstitutional.

Stories

Federal Trade Commission's expanded merger notification rules face legal challenge

Rule Changes

Issued February 12 ruling vacating the expanded HSR form

The Hart-Scott-Rodino premerger notification form went largely unchanged for 48 years. When the Federal Trade Commission tripled its compliance burden in 2024, business groups sued—and a Texas federal judge just agreed with them.

Updated Feb 18

US merger notification thresholds rise amid regulatory turbulence

Rule Changes

Presiding over HSR rule challenge

The United States raised the minimum deal size requiring federal antitrust review to $133.9 million on February 15, 2026—up from $126.4 million the previous year. Companies planning mergers or acquisitions above this threshold must now file premerger notifications with the Federal Trade Commission (FTC) and Department of Justice (DOJ) and wait for government clearance before closing their deals.

Updated Feb 16

Corporate transparency act: from 33 million companies to legal limbo

Rule Changes

Issued and later lifted Smith injunction

Congress passed the Corporate Transparency Act in 2021 to crack down on anonymous shell companies used for money laundering and terrorist financing. The law required 33 million U.S. businesses to report their true owners to FinCEN. Then courts in Alabama and Texas declared it likely unconstitutional. The Supreme Court stepped in. Within hours, a second Texas judge issued a new nationwide injunction.

Updated Jan 7