5/28/2025 2:38:35 PM Trump Administration Files Statement of Interest Supporting State AG Action Against Asset Managers Accused of ESG-related Antitrust Violations By Jacob H. Hupart Last week, the Trump Administration's FTC and DOJ (Antitrust Division) filed a statement of interest in support of a lawsuit filed last...
5/27/2025 1:48:50 PM Democratic Senators Launch Investigation of Major Financial Institutions Based Upon Their Retreat From Climate Policies By Jacob H. Hupart Earlier this year, each of the major US banks announced their withdrawal from the Net Zero Banking Alliance. This move, which was likely...
5/23/2025 5:07:48 PM Pennsylvania State Court Dismisses Climate Tort Litigation Against Major Fossil Fuel Companies By Jacob H. Hupart A local state court in Pennsylvania recently dismissed an array of climate tort claims brought against major fossil fuel companies by a...
5/21/2025 4:03:51 PM SEC Commissioner Uyeda Suggests the SEC Will Not Rescind the Climate Disclosure Rule By Jacob H. Hupart SEC Commissioner Uyeda, one of the Republican appointees to the Securities & Exchange Commission, recently stated (in remarks at the 2025...
5/14/2025 2:20:56 PM Colorado Supreme Court Allows Climate Tort Litigation to Proceed By Jacob H. Hupart On May 12, 2025, in a 5-2 decision, the Colorado Supreme Court held that the tort claims brought by local governments in Colorado against...
5/2/2025 4:51:54 PM Trump Administration Files Preemptive Lawsuits Against Hawaii and Michigan to Block Climate Change Litigation By Jacob H. Hupart Recently, both the State of Hawaii and the State of Michigan had announced that they would be pursuing litigation against fossil fuel...
4/28/2025 2:22:17 PM Trump Issues Executive Order Targeting State Action on Climate Change By Jacob H. Hupart Earlier this month, President Trump issued an executive order that sought to target actions undertaken by individual U.S. states to...
4/28/2025 2:19:55 PM Eighth Circuit Holds SEC Climate Rule Litigation in Abeyance By Jacob H. Hupart On April 24, 2025, the Eighth Circuit ordered that the litigation over the validity of the SEC's climate disclosure rule be “held in...
3/27/2025 9:03:15 PM SEC Abandons Climate Disclosure Rule By Jacob H. Hupart As expected, the SEC under the Trump Administration has abandoned the climate disclosure rule promulgated by the Biden Administration. ...
2/24/2025 5:20:56 PM Red State AGs Sue New York State in Challenge to Climate Change Superfund Act By Jacob H. Hupart In December 2024, the State of New York enacted the “Climate Change Superfund Act,” which would impose retroactive fines on fossil fuel...
2/24/2025 5:19:19 PM Greenwashing Lawsuit Against Lululemon Dismissed by Federal Court By Jacob H. Hupart On February 18, 2025, Judge Bloom (S.D. Fla.) dismissed a lawsuit against Lululemon, the athleisure company, that centered upon...
2/20/2025 2:55:16 PM Biden Administration's DOL Rule Permitting ESG Investments Survives Legal Challenge By Jacob H. Hupart Last week, a federal district judge in the Northern District of Texas upheld a rule promulgated by the Biden Administration's Department...
2/14/2025 2:38:43 PM Increasing Divergence Between US and EU Banks in Approach to Climate Change By Jacob H. Hupart Over the past several weeks, each of the major US banks have announced their withdrawal from the Net Zero Banking Alliance (presumably in...
2/13/2025 3:08:26 PM SEC Begins Process of Eliminating Climate Disclosure Rule By Jacob H. Hupart In a development that could hardly be termed unexpected, the Trump Administration SEC has begun the process of unraveling the climate...
2/6/2025 7:26:51 PM Calling the Right DEI Play for the NFL By Jennifer B. Rubin Today's Wall Street Journal story about Roger Goodell's decision to maintain the NFL's DEI programs reported that Mr. Goodell stood by...
2/6/2025 2:36:33 PM California Climate Disclosure Laws Survive Significant Challenge By Jacob H. Hupart Judge Wright (C.D. Cal.) has significantly narrowed the Chamber of Commerce's lawsuit challenging California's climate disclosure laws. ...