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3 May 2024, 4:11 pm by David Adelstein
Exxon Corp., 188 F.R.Ed. 667, 679 (S.D.Fla. 1999), the court explained: “Under this [continuing breach] doctrine, a cause of action for breach of a contract does not begin to accrue upon the initial breach; rather, on contracts providing serial performance by the parties, accrual of a breach of contract cause of action commences upon the occurrence of the last breach or upon termination of the contract. [read post]
29 Apr 2024, 11:07 am by Yosi Yahoudai
Now Exxon and Chevron are racing to cement their positions, outpacing their biggest European peers in the process. [read post]
24 Apr 2024, 3:04 am by Liz Dunshee
Exxon’s announcement that it intends to continue to litigate its lawsuit despite the proponents’ withdrawal of the proposal further indicates that Exxon is pursuing an intimidation tactic. [read post]
22 Apr 2024, 10:30 pm by Liz Dunshee
ICCR’s membership ranks include Arjuna Capital, who is one of the proponents Exxon sued earlier this year when seeking a declaratory judgment to exclude a proposal from its proxy statement. [read post]
22 Apr 2024, 10:15 pm by Liz Dunshee
John observed that for Exxon’s lawyers, telling off shareholder proponents in the proxy statement may have been a cathartic exercise. [read post]
17 Mar 2024, 7:44 pm by Sabrina I. Pacifici
After deciding that a transition to clean energy would be bad for business, climate polluters such as Exxon deliberately sowed doubt to undermine scientific truths. [read post]
13 Mar 2024, 6:32 am
Key Takeaways The Delaware ruling on Musk’s pay and Exxon’s court challenge highlight two key themes of the 2024 proxy season: a focus on board governance and increasing pressure against Environmental & Social (E&S) agendas. [read post]
13 Mar 2024, 6:32 am
Key Takeaways The Delaware ruling on Musk’s pay and Exxon’s court challenge highlight two key themes of the 2024 proxy season: a focus on board governance and increasing pressure against Environmental & Social (E&S) agendas. [read post]
11 Mar 2024, 9:01 pm by renholding
” The support statements included with the Arjuna-Follow This proposal explain that the activists want Exxon Mobil to reduce its operational GHG emissions by 50 percent on an absolute basis by 2030 and to introduce targets reducing Scope 3 emissions consistent with limiting global warming to 1.5 degrees Celsius. [read post]
11 Mar 2024, 11:09 am by Holly
In 2007, Exxon lost its Venezuelan oil fields when Venezuela nationalized the deposits on behalf of PDVSA. [read post]
1 Mar 2024, 6:30 am
Davis, and Rose James, Teneo, on Monday, February 26, 2024 Tags: affirmative action, Anti-DEI, dei, Diversity, Stakeholders, Transparency Oregon State Treasury Nomination Neutrality Posted by Philip Larrieu, Oregon State Treasury, on Monday, February 26, 2024 Tags: Board of Directors, Director nominations, fiduciary duty, Proxy access, shareholder interests, Universal Proxy Rebellion extinction: Does Exxon mark the end of shareholder engagement? [read post]
1 Mar 2024, 6:30 am
Davis, and Rose James, Teneo, on Monday, February 26, 2024 Tags: affirmative action, Anti-DEI, dei, Diversity, Stakeholders, Transparency Oregon State Treasury Nomination Neutrality Posted by Philip Larrieu, Oregon State Treasury, on Monday, February 26, 2024 Tags: Board of Directors, Director nominations, fiduciary duty, Proxy access, shareholder interests, Universal Proxy Rebellion extinction: Does Exxon mark the end of shareholder engagement? [read post]
27 Feb 2024, 6:30 am
This conflict, epitomised by the recent legal battle between Exxon Mobil and its shareholders, is an acute example of the evolving complexities for corporate-governance professionals. [read post]
27 Feb 2024, 6:30 am
This conflict, epitomised by the recent legal battle between Exxon Mobil and its shareholders, is an acute example of the evolving complexities for corporate-governance professionals. [read post]