During its 2023–2024 term, the US Supreme Court issued a number of rulings with major implications for businesses, especially those in regulated industries. The Court’s decision in Loper Bright Enterprises v. Raimondo, decisively overruling the Chevron deference doctrine, stood out, grabbing headlines and warranting careful examination. But Loper Bright was not the Court’s only important regulatory ruling this term. Indeed, it was one of several decisions that, taken together, promise to reshape the regulatory landscape and invite challenges to federal agency actions. Plus, rulings on a range of other issues – from arbitration to whistleblower retaliation claims – warrant the attention of in-house counsel. Below we summarize some of the Court’s key business decisions and preview what’s ahead. https://lnkd.in/eZnFYwQM
Mariana Muñiz Lara’s Post
More Relevant Posts
-
Are you prepared for the implications of the Supreme Court's recent decision on federal agencies? The overturning of the Chevron rule in Loper Bright Enterprises v. Raimondo marks a pivotal change in how agency interpretations are treated by the courts. With more litigation likely on the horizon, businesses and regulatory bodies must navigate this evolving landscape carefully. Let's engage in a discussion on what this means for industries regulated by federal agencies. Learn more about how these changes could affect rule-making authority and compliance strategies: https://lnkd.in/eWFj5aEX #regulationinsights #legalupdate #supremecourtruling
To view or add a comment, sign in
-
🔎 The Supreme Court has released its decision in the matter of Loper Bright Enterprises v. Raimondo, overturning the 40-year old precedent that courts should defer to agencies of the federal government regarding interpretations of their governing statutes, known as the “Chevron deference.” The majority opinion directs courts to “respect” arguments from agencies closely familiar with the technical subjects in their remit, but rejected the idea that courts should defer to their interpretations. The majority also clarified that the holdings of “prior cases that relied on the Chevron framework . . . are lawful . . . despite our change in interpretive methodology.” This decision will increase the burden on the SEC and CFTC, particularly when litigating the more complex and technical elements of their rulemaking agendas. When combined with yesterday’s decision in SEC v. Jarkesy, today's decision also portends longer waits at the courthouse door, as these decisions are likely to drive more disputes to litigation, rather than settlement. Stay up to date on our latest insights and compliance alerts by subscribing here: https://hubs.ly/Q02DLx8y0 #InvestmentAdvisers #SEC #SecuritiesLaw #FinancialServices
To view or add a comment, sign in
-
Learn about the latest public companies-related updates, including two recent SCOTUS rulings that eliminated Chevron deference and rejected the SEC’s use of administrative law judges, plus the SEC's spring 2024 agenda priorities and more. 💡 Read more insight from Cooley's Public Company Innovation Hub here: https://bit.ly/3SPWOIq
To view or add a comment, sign in
-
On June 28, the US Supreme Court ruled in Loper Bright Enterprises v. Raimondo and Relentless Inc. v. Department of Commerce in favor of the plaintiffs, overruling the longstanding Chevron doctrine. Now that the Court has repealed the doctrine, decades’ worth of assumptions on agency actions and related challenges, including over rules, orders, and other statutory interpretations, will need to be reexamined. Please join our webinar to discuss. #WeAreMorganlewis #ChevronDoctrine
Clients/Colleagues/Friends: You are being bombarded with white papers, opinion pieces, and webinar invites addressing the implications of the overruling of the Chevron doctrine. But you won’t get a more timely and insightful panel than the presentation my Morgan Lewis partners are presenting on Tuesday at 2 pm ET. Before you escape for the holiday weekend, I encourage you to join for an hour.
To view or add a comment, sign in
-
CHEVRON OVERRULED: WHAT IT MEANS AND WHAT’S NEXT? Join us on July 2, 2024 for a webinar as we anticipate the effect the ruling will have on the USA’s regulatory environment. All practitioners and leaders who deal with, or whose work is impacted by the actions of, federal agencies should attend to prepare for potential new legal frameworks and understand how regulatory matters may be affected going forward. #wearemorganlewis https://lnkd.in/eqfQzgWn
Chevron Overruled: What It Means and What’s Next?
morganlewis.com
To view or add a comment, sign in
-
On June 28, 2024, the U.S. Supreme Court overruled the Chevron doctrine with its decision in Loper Bright Enterprises v. Raimondo. This landmark ruling changes how courts interpret statutes that federal agencies administer. Our latest update authored by Mark Bernstein explains what this means for regulatory practices and the potential impacts on future legal interpretations. #RegulatoryLaw #LegalUpdate https://lnkd.in/g2n8EhTi
To view or add a comment, sign in
-
On June 28, 2024, the U.S. Supreme Court overturned the Chevron deference in Loper Bright Enterprises v. Raimondo, shifting the power to interpret ambiguous statutes from federal agencies to the judiciary. This ruling eliminates the precedent requiring courts to defer to agency interpretations, potentially leading to increased litigation and regulatory uncertainty (Ropes & Gray LLP) (The CommLaw Group). Now the question is, what are the possible implications for FEMA? Read more here: https://lnkd.in/e6ZM-XyC
To view or add a comment, sign in
-
Webinar on what comes next after Chevron -- tomorrow! Highly recommended!
The US Supreme Court’s Chevron decision has overruled the longstanding doctrine that required courts to defer to an agency’s reasonable interpretation of a statute it administers when the statute was unclear or ambiguous. Read our LawFlash and join our webinar on Tuesday, July 2 to learn about the potential impact on all federal agency actions. https://bit.ly/3W3ceep
To view or add a comment, sign in
-
If the Supreme Court repeals or changes the Chevron doctrine, the ramifications for administrative adjudication, rulemaking, and other agency interpretations of statutory authority could be significant. Decades’ worth of rules, orders, and other statutory interpretations could be undermined. Join us for a webinar as we anticipate the ruling in coming weeks. All practitioners and leaders who deal with, or whose work is impacted by the actions of, federal agencies should attend to prepare for potential new legal frameworks and understand how regulatory matters may be affected going forward. https://bit.ly/3yjuiaH
Preparing for a Post-Chevron World: Are You Ready?
To view or add a comment, sign in
-
Today, #SCOTUS heard oral arguments in Relentless v. DOC challenging unlawful Chevron deference and an unconstitutional NOAA rule. We hope that the Court overturns Chevron and reins in the #AdministrativeState later this summer! As Justice Gorsuch pointed out today, Chevron doctrine has disproportionately hurt not just fishermen in this case, but also vulnerable communities like veterans and the injured on Social Security. We hope this unjust practice will end for all Americans! The Court’s questions today demonstrate that it has an understanding of the constitutional questions at issue in this case, the Administrative Procedure Act, and why Chevron MUST end. NCLA remains cautiously optimistic that the Court is prepared to take the final step in restoring the judicial role in legal interpretation and reverse Chevron for good! In Relentless v. DOC, NCLA raised two core problems with Chevron deference that founder Philip Hamburger has long emphasized. First, employing such deference abandons a judge’s Article III duty to provide independent judgment. Second, when a federal court defers to an agency’s legal interpretation, the litigants opposing that agency—like the fishermen—do not have their case judged by an impartial adjudicator. Therefore, Chevron denies due process of law to those opposing the agency in that case. It is time for Chevron to be overruled and the proper balance of powers restored. ⚖️ More here: https://lnkd.in/gqAU2jZp
To view or add a comment, sign in
General Counsel at Infinigen Renewables
3moThanks for sharing!