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State of Utah et al v. Walsh et al
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October 17, 2024
DOL, Red States Spar Over Loper Bright Impact On ESG Rule
Conservative-led states suing the U.S. Department of Labor have told a Texas federal court that the end of the Chevron doctrine boosts their bid to end a rule allowing retirement plan advisers to consider environmental, social and governance factors in investment choices, while the DOL argued that it deserves another summary judgment win.
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October 26, 2023
Red States Ask 5th Circ. To Revive ESG Investing Rule Fight
A coalition of Republican-led states challenging the U.S. Department of Labor's rule allowing retirement advisers to consider issues such as climate change and social justice when choosing investments said Thursday they will seek Fifth Circuit review of a Texas judge's ruling upholding the regulation as lawfully implemented.
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September 22, 2023
4 Takeaways For Benefits Attys After Judge Clears ESG Rule
A Texas federal judge's decision finding the U.S. Department of Labor's socially conscious investing rule didn't violate federal law represents a significant legal victory for the DOL at a time the agency's broader rulemaking efforts are under fire, attorneys say.
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September 21, 2023
Texas Judge Won't Block Biden Admin's ESG Investing Rule
A Texas federal judge Thursday refused to block a rule allowing retirement advisers to consider issues such as climate change and social justice when choosing investments, holding that the rule does not violate the Employee Retirement Income Security Act.
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June 30, 2023
5 ERISA Cases To Watch In 2023's Second Half
A pending rehearing petition in a massive suit against United Behavioral Health at the Ninth Circuit and battles over ESG in retirement plan investments headline the crop of cases that benefits lawyers will be following in the second half of 2023. Here, Law360 speaks with attorneys about five Employee Retirement Income Security Act cases to keep an eye on.
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June 05, 2023
Labor Dept. Asks Texas Court To Save ESG Investing Rule
The U.S. Department of Labor urged a Texas federal judge to throw out a lawsuit lodged by 25 Republican state attorneys general seeking to block a rule allowing retirement advisers to consider issues such as climate change and social justice when choosing investments.
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May 17, 2023
Red States Ask Texas Court To Kill Feds' ESG Investing Rule
A group of Republican state attorneys general have asked a Texas federal judge to vacate the U.S. Department of Labor's recently finalized rule allowing retirement plan managers to consider things such as climate change and social justice when choosing investments.
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April 06, 2023
Pension Expert Urges Court To Reject ESG Rule Challenge
A leading pension expert urged a Texas federal judge to toss a challenge led by 25 Republican state attorneys general to block a finalized rule allowing retirement advisers to consider social issues when choosing investments, arguing that the prior rule and new rule aren't that much different.
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March 29, 2023
DOL Can't Transfer Suit Over ESG Investing Rule Out Of Texas
A Texas federal judge denied the U.S. Department of Labor's request to transfer a suit seeking to invalidate the agency's recently finalized rule governing how retirement plan managers can consider things such as climate change and social justice when choosing investments, holding the DOL's arguments didn't justify a transfer.
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February 24, 2023
GOP States Aim To Block Labor Dept.'s ESG Investing Rule
A coalition of 25 Republican state attorneys general on Friday asked a Texas federal court to block the implementation of a U.S. Department of Labor rule governing how retirement plan managers can consider things such as climate change and social justice while making investment decisions.