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Exxon Mobil Corporation, 2009-2368 (La. 10/19/10), 48 So. 3d 234, to find that Lexington Land’s claims were prescribed. [read post]
Exxon Mobil Corporation, 2009-2368 (La. 10/19/10), 48 So. 3d 234, to find that Lexington Land’s claims were prescribed. [read post]
4 Jun 2021, 6:27 am
Securities and Exchange Commission, on Saturday, May 29, 2021 Tags: Capital markets, Cryptocurrency, Financial technology, Investor protection, IPOs, Mergers & acquisitions, Private funds, SEC, Securities regulation, SPACs Memo to Corporate Directors: Three Lessons from the Exxon-Mobil Activist Victory Posted by Nell Minow, ValueEdge Advisors, on Sunday, May 30, 2021 Tags: Boards of Directors, Climate… [read post]
30 May 2021, 3:33 pm by Stuart Kaplow
Last Wednesday, with a Dutch court finding Royal Dutch Shell partially responsible for climate change and ordering it to reduce emissions and two environmental activists being voted to Exxon Mobil board at the annual meeting, made clear how dramatically the landscape is shifting for all businesses in the environmental, social, and governance (ESG) space, as they face increasing pressure not only from environmentalists, but also from elected officials, regulators and even their… [read post]
30 May 2021, 8:50 am
A total of four claims have been dismissed by federal courts and have escalated to the appellate circuits.None have come to trial so far.The Cuban government is unaware of the jurisdiction of the Helms-Burton Act, passed in 1996, and has only responded to one lawsuit in U.S. courts: the one presented by the Exxon Mobil company against the state owned enterprises CIMEX and CUPET. [read post]
30 May 2021, 8:34 am
It failed, and, at this writing, Exxon-Mobil has lost at least two seats on the board of directors and votes for two others were still being calculated. [read post]
26 May 2021, 1:43 pm by Associated Press
Exxon Mobil’s shareholders have voted to replace at least two of the company's 12 board members with directors who are seen as better suited to fight climate change, bolster Exxon’s finances and guide it through a transition to cleaner energy. [read post]
26 May 2021, 3:03 am by Lynn Jokela
At that time, Engine No. 1 LLC launched a campaign to name four directors to Exxon Mobil’s board. [read post]
17 May 2021, 2:21 pm by Amy Howe
By a vote of 7-1 (with Justice Samuel Alito not participating), the justices agreed with the companies – which include BP, Chevron and Exxon Mobil – that a federal appeals court had the power to review an entire order sending the case back to state court, rather than only one of the grounds on which the companies relied to move the case to federal court. [read post]
30 Apr 2021, 2:29 am by Doug Cornelius
But it did play fast and loose with a highly volatile asset (bitcoin) that gave the company a nice boost to the bottom line. [read post]
26 Apr 2021, 5:42 am by John Jascob
However, in two relatively recent cases, courts have analyzed the materiality of Exxon Mobil Corporation’s (Exxon’s) disclosures and omissions relating to its "proxy cost of carbon" measure—a metric which, in this situation, approximates the cost of potential government-related climate change actions in connection with certain transition risks in financial projections. [read post]
2 Apr 2021, 11:59 am by Seeger Weiss LLP
He was named Massachusetts Lawyer of the Year in 2013 for his work representing the State of New Hampshire in a groundwater contamination case dealing with the gasoline additive MTBE that resulted in over $100 million in pre-trial settlements with some of the nation’s largest oil companies and a $236 million verdict against Exxon Mobil Corporation—the largest verdict in New Hampshire history. [read post]
2 Apr 2021, 11:59 am by Seeger Weiss LLP
He was named Massachusetts Lawyer of the Year in 2013 for his work representing the State of New Hampshire in a groundwater contamination case dealing with the gasoline additive MTBE that resulted in over $100 million in pre-trial settlements with some of the nation’s largest oil companies and a $236 million verdict against Exxon Mobil Corporation—the largest verdict in New Hampshire history. [read post]
19 Feb 2021, 3:00 am by Jim Sedor
National/Federal A GOP Donor Gave $2.5 Million for a Voter Fraud Investigation. [read post]
8 Feb 2021, 5:31 am by Seeger Weiss LLP
He was named Massachusetts Lawyer of the Year in 2013 for his work representing the State of New Hampshire in a groundwater contamination case dealing with the gasoline additive MTBE that resulted in over $100 million in pre-trial settlements with some of the nation’s largest oil companies and a $236 million verdict against Exxon Mobil Corporation—the largest verdict in New Hampshire history. [read post]
8 Feb 2021, 5:31 am by Seeger Weiss LLP
He was named Massachusetts Lawyer of the Year in 2013 for his work representing the State of New Hampshire in a groundwater contamination case dealing with the gasoline additive MTBE that resulted in over $100 million in pre-trial settlements with some of the nation’s largest oil companies and a $236 million verdict against Exxon Mobil Corporation—the largest verdict in New Hampshire history. [read post]
31 Jan 2021, 6:37 am by Kevin LaCroix
On January 28, 2021, a plaintiff shareholder filed a securities class action against Exxon Mobil relating to news reports that the SEC has launched an investigation of the company based on whistleblower reports questioning the company’s asset valuations of its Permian basin oil fields. [read post]
26 Jan 2021, 5:52 am
At Exxon Mobil, recently launched ESG activist fund Engine No. 1 announced plans to nominate four people to Exxon’s board of directors, calling for Exxon to set carbon emission reduction targets and shift to a “sustainable, transparent, and profitable long-term plan focused on accelerating rather than deferring the energy transition. [read post]
20 Jan 2021, 8:26 am by Amy Howe
The case began in 2018, when the city of Baltimore sued a group of oil and gas companies, including BP, Chevron and Exxon Mobil, seeking to hold the companies responsible for their role in climate change. [read post]