Is A New Wave Of Lawsuits Against Oil Company Directors Looming? | OilPrice.com

📆 16-2-2023 21:05:00
📰 OilandEnergy

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Last week, ClimateEarth filed the first-ever lawsuit that attempts to hold corporate directors liable for failing to prepare their company for the energy transition.

- Feb 16, 2023, 10:00 AM CST

Legal experts believe the case is unlikely to stand up in court as it deals with matters of business judgment that the court will not challengeThe suing of energy firms for greenwashing or climate action failure by environmental organizations is nothing new. But ClientEarth entered new territory last week by taking legal action against the 11 directors of Shell, rather than the company itself.

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