In February 2023 ClientEarth issued a derivative action against Shell’s 11 directors. ClientEarth alleged that the directors had breached their duties under the Companies Act 2006 (CA 2006) by failing to adopt and implement...more
5/24/2023
/ Board of Directors ,
Breach of Duty ,
Climate Change ,
Companies Act ,
Corporate Governance ,
Derivative Suit ,
Dismissals ,
Fiduciary Duty ,
Good Faith ,
Paris Agreement ,
Shareholder Litigation ,
Shareholders ,
Shell Oil ,
UK Companies Acts
The Supreme Court of Gibraltar this week found in favour of our clients and dismissed an application by the defendants to strike out our clients’ claim against them on all three grounds relied upon by the defendants. ...more
Our insight into a recent judgment of the Court of Appeal: the judgment provides valuable analysis from the Court of Appeal as to the legal principles and the policy considerations around what constitutes an abuse of process...more