First of its kind "derivative action" climate case falls at the first hurdle
In a judgment handed down on 12 May 2023, the English High Court has refused permission for UK environmental NGO ClientEarth to continue "derivative claims" on behalf of Shell against its directors in connection with their alleged failure to ensure that Shell adopted and implemented an energy transition strategy that aligns with the Paris Agreement on Climate Change 2015. Download below to read more.
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First of its kind derivative action climate case falls at the first hurdle_May 2023
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This content was originally published by Allen & Overy before the A&O Shearman merger
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