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Fifth Circuit Sends DOL's ESG Rule Back to District Court
Stradley Ronon 
July 25, 2024 "The Fifth Circuit did not determine whether the ESG rule was properly promulgated, and hence the rule remains in effect.... The U.S. District Court for the Northern District of Texas will reconsider the case without any deference to the DOL's analysis. The decision will be based upon the plain language of ERISA, and both sides have recently argued before the Fifth Circuit that such language supports their respective positions." |
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