Judge Tosses Texas Ban on ESG Investing, Casting Doubt on Similar Laws in Other GOP-Led States, Corporate Counsel

Partner Elizabeth Goldberg was featured in a Corporate Counsel article discussing a recent federal court decision striking down Texas’s ban on environmental, social, and governance (ESG) focused investing, a ruling that could have significant ripple effects for similar laws across other Republican led states.

Liz emphasized that the decision adds new uncertainty for financial institutions navigating a rapidly shifting landscape of ESG related restrictions enacted in more than 20 states. “This idea that it’s unconstitutional to regulate choice could have legs,” she said. “If you’re reading the tea leaves, it’s a meaningful leaf,” she added.

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