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SEC Charges Mining Company with Misleading Investors in its ESG Disclosures

Green Building Law Update

Securities and Exchange Commission last month charged Vale S.A., a publicly traded Brazilian mining company and one of the world’s largest iron ore producers, with making false and misleading claims about the safety of the Brumadinho dam including through its environmental, social, and governance (ESG) disclosures.

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SEC Chair Tweets about Upcoming ESG Regulation

Green Building Law Update

Securities and Exchange Commission Chair Gary Gensler Tweeted about the future of ESG regulation. Continuing with the analogy to fat free milk, Gensler described that an investor in a fund making ESG claims should be like a supermarket shopper reading a food box label for the “ingredients underlying these funds.” Last week U.S.

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How to Get Paid on New Jersey Public Projects

Levelset

Instead, general contractors on public construction projects have to secure a payment bond prior to the start of work. In the event of a payment dispute, contractors file claims against the payment bond instead of against the property itself. New Jersey bond claim laws & liens on contract funds.

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Construction Law: March 2024

Construction Law

Editor Nick Barrett says a Public Accounts Committee report on HS2 provides little cheer to anyone hoping that the UK could somehow successfully deliver infrastructure investment on the scale highlighted recently as essential by the National Infrastructure Commission. A key difference is the time during which claims can be made.

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How to Get Paid on Washington State Public Projects

Levelset

Contractors on public projects aren’t allowed to file mechanics liens when payment problems arise, as both the federal and state governments explicitly prohibit private entities from claiming an interest in public property. Washington State bond claim laws. Download a Washington State Notice to Contractor form.

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The Green False Claim Most Companies Are Making Without Realizing It

Green Building Law Blog

” The Federal Trade Commission released the long-awaited fourth edition of the "Green Guides" on October 11, 2012. Most who addressed this issue, however, disagreed with the Commission’s proposed guidance. There is some evidence that the FTC is increasing its enforcement of false environmental claims.

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SEC Orders Navistar to Turn Over Documents; Q3 Results Posted

Construction Equipment

A court ordered Navistar to turn over a second set of documents to the Securities and Exchange Commission (SEC), reports the Chicago Tribune.