TREE NEWS update: The US Department of Justice is asking states to post a $1.9 billion bond in the Paramount case, the department said. The demand sets the financial terms states must meet to continue litigating the matter. No further details were provided.
US DOJ Seeks $1.9B Bond From States in Paramount Case
The significance here is procedural rather than substantive: the DOJ is using a bond requirement to set the price of continued state litigation, which can effectively decide a case through financial capacity rather than legal merit. The affected parties are the states weighing whether the cost of pursuing the matter is worth it. Whether they post the bond or drop or narrow their claims is the open question, and it will signal how much appetite remains for state-level challenges in this area.
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