News
Partner quoted in ‘Bloomberg’ on ESG-related lawsuits
Aug 08, 2023BCLP Partner Ravi Nayer was quoted Aug. 7 by Bloomberg’s Daily Labor Report on investors becoming more emboldened to file legal challenges against companies for their net zero claims, approaches to governance and other hot-button ESG issues, using a pair of underutilized provisions of a UK law. “It isn’t now considered distasteful for the UK’s largest financial institutions to enter into litigation” against a company, said Ravi. “For the right case, they will intervene.” Large companies listed on the London Stock Exchange, including FTSE 100 members, are most likely to be targeted, with directors also vulnerable, Ravi added.
Related Practice Areas
-
Business & Commercial Disputes
-
Litigation & Dispute Resolution
Meet The Team
This material is not comprehensive, is for informational purposes only, and is not legal advice. Your use or receipt of this material does not create an attorney-client relationship between us. If you require legal advice, you should consult an attorney regarding your particular circumstances. The choice of a lawyer is an important decision and should not be based solely upon advertisements. This material may be “Attorney Advertising” under the ethics and professional rules of certain jurisdictions. For advertising purposes, St. Louis, Missouri, is designated BCLP’s principal office and Kathrine Dixon (kathrine.dixon@bclplaw.com) as the responsible attorney.