8/11/2025 6:50:19 PM Florida Attorney-General Bans Outside Counsel with DEI & ESG Policies By Jacob H. Hupart The State of Florida's Attorney-General has increased the scope of his offensive against DEI and ESG initiatives. Not only has the...
8/7/2025 8:58:43 PM Climate Tort Lawsuit in South Carolina Dismissed by State Court By Jacob H. Hupart On August 6, 2025, a state court judge in South Carolina dismissed the climate change tort lawsuit filed by the City of Charleston...
8/4/2025 8:57:05 PM European Union Proposes Reduction in Climate Reporting Obligations By Jacob H. Hupart Last week, significant revisions were proposed to the European Union's ESG reporting rules, which reflect a major simplification and...
8/4/2025 6:41:48 PM Red State AGs ESG Antitrust Complaint Against Asset Managers Survives Motion to Dismiss By Jacob H. Hupart Last fall, a coalition of eleven Republication attorneys-general filed an antitrust complaint against three major asset managers,...
7/29/2025 9:44:09 PM Florida AG Announces Investigation into Climate Nonprofits for Alleged Violations of Consumer Protection and Antitrust Laws Based Upon Environmental Disclosures By Jacob H. Hupart On July 28, 2025, the Republican Attorney-General of Florida announced that his office had “issued subpoenas to investigate whether the...
7/23/2025 7:29:19 PM Missouri AG Launches Investigation of Proxy Advisory Firms Related to Alleged ESG-Focused Recommendations By Jacob H. Hupart The Missouri Attorney-General, Republican Andrew Bailey, recently announced an investigation into the two principal proxy advisory firms...
6/10/2025 4:05:02 PM Ratings Agency Announces That It Will Analyze Physical Climate Risk When Evaluating Certain Assets By Jacob H. Hupart Recently, Fitch Ratings issued a discussion paper that outlined a “contemplated framework for the analysis of physical climate risk for...
6/3/2025 2:29:14 PM New York City's Climate-Focused Local Law 97 Upheld By New York Court of Appeals By Jacob H. Hupart On May 22, 2025, the New York Court of Appeals--the highest court in New York State--unanimously upheld New York City's Local Law 97...
6/2/2025 1:56:35 PM Federal Reserve Disbands Climate-Focused Internal Groups By Jacob H. Hupart It has been reported that the Federal Reserve has disbanded certain internal groups that were intended to develop “institutional capacity...
5/30/2025 2:28:27 PM Trump Administration Will Replace the Biden Administration's Department of Labor Rule Permitting ESG Investing By Jacob H. Hupart Under the Biden Administration, the Department of Labor ("DOL") had issued a rule that permitted ESG factors to be considered when making...
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...
5/23/2025 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...
5/14/2025 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...
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...
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...