The US Court of Appeals for the Eighth Circuit recently granted the Motion to Hold Case in Abeyance (the Motion) in Iowa v. US Securities and Exchange Commission – the case challenging the SEC’s 2024 climate disclosure rules – thereby pausing or delaying the proceedings until further order of the
Continue Reading Eighth Circuit indefinitely pauses SEC climate rule litigation: Key implications for public companies
The April issue of our monthly newsletter Horizon is now available. Learn more about an array of ESG legal developments – among them, the Executive Order requiring DOJ to stop states from enforcing climate laws, Canada’s coming draft guidelines on environmental claims, and the European Parliament’s stop-the-clock directive pausing key
Continue Reading Recent ESG legal developments
The Securities and Exchange Commission (SEC)’s March 27, 2025 decision (the Decision) to withdraw the defense of its landmark climate-related disclosure rules adopted in March of 2024 (the Rules) did not formally pause or terminate the ongoing litigation.
On April 4, 2025, a group of 18 intervening states and the
Continue Reading SEC’s climate rule litigation update: Is it actually over?
The US Securities and Exchange Commission (SEC) recently issued a new Compliance and Disclosure Interpretation, Question 103.12 (C&DI), that may significantly impact how public companies engage with their shareholders. Released on February 11, 2025, this C&DI focuses on the eligibility criteria for reporting beneficial ownership on Schedule 13G compared to Schedule
Continue Reading To control or not to control: SEC issues new guidance impacting Schedule 13G filers
On February 11, 2025, Acting US Securities and Exchange Commission (SEC) Chairman and Commissioner Mark Uyeda announced that he has directed the SEC staff to notify the US Court of Appeals for the Eighth Circuit of the changed circumstances surrounding the SEC’s position on the climate disclosure rules. He has
Continue Reading Acting SEC Chair Uyeda will seek pause in climate rules litigation
The US Securities and Exchange Commission (SEC) adopted landmark final rules (Climate Disclosure Rules, or Rules) in March 2024 intended to enhance and standardize climate-related disclosures for publicly listed companies.
The Climate Disclosure Rules required all domestic and foreign publicly traded companies to disclose climate-related risks and mandated certain filers
Continue Reading SEC Climate Disclosure Rules under the Trump Administration
