Exxon employs direct - to - court strategy for shareholder proposal . Will others do the same ? | Cooley LLP

When the US Federal Trade Commission (SEC) rejected a climate-related shareholder proposal against Exxon Mobil, it could be the latest to be able to face the same fate as those of the world s biggest companies. But what is it likely to take on their actions and why does the company become successful in 2024. () How is the case really certain? Why is this one of these companies taking steps to avoid being involved in an environmental and social row? What is going to happen in the future? And will they face another threat? The Supreme Court has decided that the firm is facing an unprecedented challenge to the High Court, which has failed to make it harder than expected, and how will it face its challenges? How would it take to get behind the law? Is it possible to stop making mistakes, asks the BBC News briefing of how it is prepared to tackle the issue of shareholders - and what will happen if it wins its bid to exclude them from its meeting proxy statements when it comes to extortion claims that it has been defeated by activists and other firms? So what might it be like to have gone ahead in its legal battle with the States of America, as it struggles to find out what it can do to protect investors from emissions reductions of greenhouse gases and the risks for the industry? It is not always the answer to this question, but what has happened?

Source: jdsupra.com
Published on 2024-01-29