22 Oct, 2024 SEC Fines Investment Adviser $4 Million for Improper Labeling of ESG Funds By Jacob H. Hupart On October 21, 2024, the SEC imposed a fine of $4 million on investment adviser WisdomTree Asset Management Inc. for improperly labeling...
16 Oct, 2024 Justice Kagan, if "some people like less prescriptive standards" why haven't any members of the regulated community said so in San Francisco v. EPA? By Jeff Porter Today the United States Supreme Court heard from lawyers representing the City and County of San Francisco and lawyers for the United...
11 Oct, 2024 State Court Rules California Has Jurisdiction Over Fossil Fuel Companies In Connection With Climate Change Lawsuits By Jacob H. Hupart Over the past several years, there have been more than three dozen lawsuits launched against the major fossil fuel companies seeking...
10 Oct, 2024 Alleged Carbon Markets Fraud Leads to Criminal Charges By Jacob H. Hupart The U.S. Attorney's Office for the Southern District of New York recently launched a criminal prosecution in connection with “a scheme to...
10 Oct, 2024 Hawaii Supreme Court Rules That Insurance Policies Do Not Cover Fossil Fuel Companies' Climate Change Damages Caused by Greenhouse Gas Emissions By Jacob H. Hupart This week, the Hawaii Supreme Court--in response to certified questions of law from the federal district court in Hawaii--held that the...
02 Oct, 2024 Multinational Patent Deal Complications By Michael McNamara Entering into a patent purchase transaction is complicated. Not surprisingly, purchasing assets that include Chinese originated...
02 Oct, 2024 California Governor Newsom Signs Bill Re-Affirming 2026 Start Date for Climate Disclosures By Jacob H. Hupart This summer, California Governor Newsom had proposed that California delay the implementation date of its climate disclosure law for two...
01 Oct, 2024 Missouri Abandons Appeal of Court Decision Striking Down State Anti-ESG Rules By Jacob H. Hupart Last month, a federal district court struck down Missouri's anti-ESG rules that would prohibit investment advisors from utilizing ESG...