Yesterday we were supposed to have a hearing on the preliminary injunction in the Texas Blockchain Council v. Department of Energy case. But, as often happens in litigation, things change quickly. Tuesday the judge entered an order canceling today’s hearing based on the parties reaching an “agreement-in-principle” on the overall dispute. This agreement must be finalized and filed by Friday, March 1st.

Speculation time.

What could this mean? One element of the standard for a Temporary Restraining Order (TRO), and a preliminary injunction, is that the party requesting it has to show that they are “likely to succeed on the merits.” This means that the judge has to believe that, not only is…

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