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Overturning of Chevron Standard Could Spark More Lawsuits Against Defined Contribution Plans
Pensions & Investments 
July 3, 2024 "The Supreme Court's majority opinion said scrapping the Chevron deference would create more predictability for businesses because they wouldn't be whipsawed by the changing policies of changing political administrations -- an assertion that ERISA attorney Stephen Rosenberg said is misguided.... [Attorney Carol I. Buckmann] acknowledged that overturning Chevron deference could reduce the regulatory flip-flopping that accompanies changes in political administrations. 'The question is whether that outweighs the negative factors,' she said." [Loper Bright Enterprises, Inc. v. Raimondo, Sec. of Comm., No. 22-451 (S. Ct. Jun. 28, 2024)] MORE >> |
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