Steven Sexton

Jan 22, 2024 | lexology.com | Christopher Lee |Steven Sexton |Joanna R. Travalini |Paul Tyrrell |Casey Khan |Andrew Yodis

On January 8, 2024, the Fifth Circuit Court of Appeals reversed a $6.5 million jury verdict, holding that the U.S. Commodity Futures Trading Commission (CFTC) failed to provide fair notice of its interpretation of a decades-old rule preventing commodities traders from “taking the other side of orders” without clients’ consent.1 The Fifth Circuit noted that this was a case of first impression and agreed with EOX Holdings LLC (EOX) and its commodities broker, Andrew Gizienski, that the CFTC...

Oct 5, 2023 | lexology.com | Steven Sexton

The EPA’s social cost of carbon could quadruple, posing significant regulatory, economic, and reputational impacts for US and European businessesWhen S&P Global released its latest environmental, social, and governance (ESG) scores in May, Tesla’s score of 37 lagged behind gas producers like Chevron (43) and automakers like General Motors (67) and Toyota (45). Even on its Environment score, Tesla trailed General Motors and Conoco Philips by 8 points.