A Texas district court will rehear a challenge to the Department of Labor’s (DOL’s) environmental, social and governance (ESG) rule for investing in defined contribution retirement plans. This comes after the US Fifth Circuit Court of Appeals remanded the case due to the recent Supreme Court decision overturning the
Lower court to rehear ESG rule challenge, thanks to Chevron’s demise
US appeals court directs a lower court to reconsider a lawsuit challenging a DOL rule involving ESG factors.