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With Chevron reversal, Supreme Court paves way for a 'legal earthquake'
CVXChevron(CVX) CNBC·2024-07-10 12:57

A general view of the U.S. Supreme Court as justices issue rulings in pending cases on the final day of the court's term in Washington, U.S., July 1, 2024.Four days after the Supreme Court ruled in the case of Loper Bright Enterprises vs. Raimondo, overturning the 40-year-old precedent known as the Chevron deference, the justices announced they would be sending nine cases back to lower courts in light of their ruling.This batch of cases may be the first indication of the legal upheaval that could play out a ...