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SEC ‘Gag Rule’ Pullback Leaves Room for Harsh Settlement Terms

The SEC’s decision to rescind its “gag rule"—a core element in more than a half century of enforcement settlements barring Wall Street defendants from publicly denying the regulator’s allegations—means it’s still able to push for tough terms in those deals, securities lawyers warned.

This Week in Chancery Court: Paramount-Skydance, Lottery.com

It’s a slow week at Delaware’s Chancery Court, that rarest of things for the world’s preeminent business tribunal, which was closed yesterday in honor of Memorial Day. But there are a couple of highlights coming up in the next few days:

Climate Superfund Bills Stall as Red States Shield Fossil Fuels

Democratic state lawmakers trying to force polluters to pay for climate damage are struggling to push accountability legislation over the finish line. Their counterparts in a handful of conservative states, meanwhile, are enacting laws to protect the fossil fuel industry against future challenges.