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Barclays publishes updated climate plan ahead of 'say on climate' shareholder vote

But campaigners warned strategy is too weak and littered with loopholes that would allow bank to continue to finance expansion of oil and gas industry ....

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Potential Limitations to Corporate Director Protections: An Analysis of the Recent Nine West Decision | Quinn Emanuel Urquhart & Sullivan, LLP


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A great deal of buzz has been generated by the recent decision from the Southern District of New York in
In re: Nine West LBO Securities Litigation, No. 20 MD 2941 (JSR) 2020 WL 7090277 (S.D.N.Y. Dec. 4, 2020), with some commentators questioning whether the decision places directors who approve a leveraged buyout at risk of liability for the actions of subsequent boards that occur long after they cease to be directors, or expands directors’ duties beyond maximizing value for shareholders.
See, e.g., Sujeet Indap, Dealmakers warn of chilling effect on buyouts from US court ruling, Financial Times (Dec. 15, 2020), ....

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