Challengers Of ESG Investing Rule Notify 5th Circuit Of Loper Bright Ruling

(July 1, 2024, 1:23 PM EDT) -- NEW ORLEANS — In their same-day notice of supplemental authority regarding the U.S. Supreme Court’s June 28 Loper Bright Enters. v. Raimondo decision, challengers of a 2022 U.S. Department of Labor (DOL) investment rule concerning environmental, social and governance (ESG) factors argue to the Fifth Circuit U.S. Court of Appeals that the rule’s tiebreaker provision should be struck down in light of the ruling....