Neal Pandozzi, counsel at Troutman Pepper Locke, was quoted in the February 17, 2026 The Bond Buyer article, “Court Decision on Texas ‘Boycotters’ Has Implications for Florida, Louisiana: Attorneys.”

The decision of U.S. District Court Judge Alan Albright has more precendential value for Louisiana than for Florida, according to Neal Pandozzi, counsel at Troutman Pepper Locke LLP, and Lance Dial, partner at K&L Gates LLP.

“For companies outside Texas that are harmed by anti‑boycott or anti‑ESG laws and are considering similar constitutional challenges, the federal district court’s decision in American Sustainable Business Council v. Hegar is an important, but not controlling, precedent,” said Pandozzi. “Because it is a decision from a federal district court in Texas, it does not automatically bind federal courts in other states, including those in Louisiana or Florida, though it can be cited as persuasive authority.”

However, if the case is appealed and the U.S. Court of Appeals for the Fifth Circuit rules, Pandozzi continued, it “would be binding on all federal district courts within that circuit, including those in Texas, Louisiana, and Mississippi (but not Florida, which is located in the Eleventh Circuit), and would therefore have a much more significant precedent‑setting impact on similar anti‑boycott laws in those states.”

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