Draft No. 1) [hereinafter cited as Restatement]. [9] Restatement at iv (listing the reporters). [10] See id. at v-vi (listing advisers). [11] See id. at vii-viii (listing members). [12] “‘Sunk costs’ . . . are costs that have already been incurred and do not vary with one’s subsequent actions. [read post]

The Securities and Exchange Commission regulations on climate disclosure, first proposed in March 2022 and likely to be issued in final form in October 2023,[1] have drawn considerable controversy and face an uncertain fate in the inevitable litigation.[2] Much less attention has gone to two bills that are moving toward adoption in California. [read post]