Kaushik Goswami

"The developments of 2024 highlight the 'seesaw' nature of the American political environment, particularly in the sphere of regulatory initiatives, with agencies issuing regulations intended to protect workers and their retirement benefits only to be beaten back (at least for now) by conservative courts in lawsuits brought by various business and, in some cases, state government interests.

On June 28, 2024, the Supreme Court issued a landmark ruling in Loper Bright Enterprises v. Raimondo1 that upends a longstanding feature of administrative law—Chevron deference. In Loper Bright, the Court expressly overruled Chevron U.S.A. Inc. v. Natural Resources Defense Council, Inc.2 Loper Bright will have far-reaching implications for how courts interpret agency regulations going forward, not least in the ERISA context.

MB Mayer Brown More Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry. On June 28, 2024, the Supreme Court issued a landmark ruling in Loper Bright Enterprises v.