Neal Pandozzi Quoted in “Oklahoma ruling could undermine anti-ESG laws in Southeast, attorneys say” in The Bond Buyer

July 25, 2024

Last week, an Oklahoma County District Court judge issued a permanent injunction against the enforcement of a 2022 state law that led to investment banks being banned from underwriting municipal bonds and the targeting of other financial firms for divestment purposes. The ruling against the state’s anti-ESG law could help undermine similar laws in Louisiana, Florida, and elsewhere. Neal Pandozzi discussed the case with The Bond Buyer.

Neal noted that the specifics of the case were unique to Oklahoma but could serve as “persuasive authority” in other states, particularly if litigants carefully adapt the winning argument to the facts of the case and laws of the state. He further stated that the decision is “certainly helpful” to challengers in other states and noted that even if the decision is overturned the arguments could be a play book in other cases in other states.

Continue reading “Oklahoma ruling could undermine anti-ESG laws in Southeast, attorneys say” on The Bond Buyer website (subscription required).