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EU Omnibus: The EU Taxonomy – Why?

In 2018, the European Commission set forth a classification system to determine whether businesses are environmentally sustainable. The EU Taxonomy followed the legalistic style of the French Civil Code and flummoxed...more

Private Debt Explosion: Breaking New Ground

In the last 12 months, we have seen private debt markets take off over other strategies. In particular, there are now more creative ways of bringing in new types of investors to this asset class, including insurers, pension...more

Federal Court Determines American Airlines, Inc., 401(k) Plan Fiduciaries Breached Their ERISA Fiduciary Duty of Loyalty to...

On January 10th, the United States District Court for the Northern District of Texas (the court) ruled that American Airlines, Inc. (American) and the American Airlines Employee Benefits Committee (together, the Defendants)...more

The EU Net Zero Industry Act: A Starting Point for Solving One Piece of the Energy Transition Puzzle

The EU Net Zero Industry Act (EU Regulation 2024/1735 - NZIA), which entered into force on 29 June 2024, aims to make investing into net-zero technologies in the EU simpler and more attractive by seeking to streamline project...more

Pecuniary vs. Nonpecuniary Factors: Understanding the Potential Scope of Anti-ESG Restrictions in U.S. State Laws

Executive Summary and Overview- State anti-ESG lawmakers have enacted legislation aimed at restricting investors from considering ESG factors in their investment strategies and decisions by requiring state financial...more

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