The remaining members of Soundgarden filed a conterlawsuit against Chris Cornell’s widow Vicky Cornell in May, in part alleging there were missing funds from a charity concert. Soundgarden claimed they had an "oral agreement" with Cornell to perform for free at a 2019 show to raise money for The Chris and Vicky Cornell Foundation, though the band claims Cornell used the money for personal expenditures.
Then on July 15, Soundgarden retracted that portion of the lawsuit according to the Hollywood Reporter.
"A Wednesday stipulation permitting Soundgarden to file a first amended complaint states, 'The sole purpose of filing the First Amended Counterclaims is to dismiss the Ninth and Tenth Causes of Action and certain related factual allegations relating to the January 16, 2019 charity concert: I am the Highway: A Tribute to Chris Cornell.'"
"The stipulation also details that Cornell's team, which includes Florida-based litigator James Sammataro, sent Soundgarden a letter the day after it filed its counterclaims that characterized the charity-related allegations as 'shameful and objectively frivolous' and provided financial information pertaining to the event. The band members issued a response letter, which isn't thoroughly detailed, and on June 24 Cornell's lawyers served a motion for Rule 11 sanctions against the band and its legal counsel."
The filing further states Soundgarden does believe their claims against Vicky are "well-founded," but are dismissing them for "reasons communicated" to Cornell's lawyers. Soundgarden and Cornell are still fighting in court over who owns the band's recordings.
Soundgarden also appears to be teasing some sort of new project, though details are unclear.