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Texas court upholds Biden administration’s rule on ESG Investing for ERISA fiduciaries

In a recent decision by the U.S. District Court Northern District of Texas, Judge Matthew J. Kacsmaryk ruled that the U.S. Department of Labor’s 2022 Rule (the 2022 Rule) on environmental, social, and governance (ESG)...more

Department of Labor Publishes Final Rule for Worker Classification under the FLSA

On January 10, 2023, the U.S. Department of Labor (DOL) published its highly anticipated final rule for determining whether a worker should be classified as an employee or independent contractor under the Fair Labor Standards...more

U.S. Department of Labor proposes new fiduciary rule, again

On October 31, 2023, the U.S. Department of Labor (“DOL”)'s Employee Benefits Security Administration (“EBSA”) proposed a new fiduciary rule (the “Proposal”). If finalized, the Proposal would (1) expand the definition of...more

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