The Supreme Court recently ended the Chevron deference in two court rulings, Relentless v. Department of Commerce and Loper Bright Enterprises v. Raimondo. MMM Environmental Partner Wyatt Kendall shared his insight with multiple publications regarding the implications of the rulings, particularly for Commercial Real Estate.
In the Forbes article, This Precedent-Shattering 2024 Supreme Court Decision Could Impact You, Wyatt Kendall predicts major impacts from Loper. “After the overruling of Chevron, we expect to see an increase in challenges to a whole host of rules, as potential litigants may decide that challenges are more likely to succeed.”
"Because federal agencies no longer have their thumb on the scale, many predict that the Loper Bright opinion will result in fewer and less expansive federal rules and a rise in legal challenges to rules impacting the real estate industry, including challenges to regulations promulgated under, among others, the Fair Housing Act, the Clean Water Act, and the Comprehensive Environmental Response, Compensation, and Liability Act," Wyatt Kendall told GlobeSt.com.
Read more in Forbes, The Atlanta Journal-Constitution, and GlobeSt.com.