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Exxon Skirts SEC To Sue Shareholder Over Climate Proposal

Law 360

Exxon Mobil Corp. is suing activist investors trying to force a shareholder vote over the company's greenhouse gas emission targets, sidestepping the U.S.

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Exxon Investors Say Shareholder Proposal Suit Is Moot

Law 360

Activist investors Arjuna Capital and Follow This have again urged a Texas federal judge to dismiss a case against them brought by Exxon Mobile Corp., saying the company "refuses to take 'yes' for an answer" and is trying to run a proxy battle with the U.S. Securities and Exchange Commission through the case.

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Exxon Wants Mass. Oil Purchase Docs In Greenwashing Suit

Law 360

The Massachusetts attorney general's office told a judge Thursday that Exxon Mobil Corp.

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Chamber Of Commerce Backs Exxon In Activist Investor Row

Law 360

Chamber of Commerce and lobbying group Business Roundtable on Thursday threw their weight behind Exxon Mobil Corp. in the company's bid to pursue its lawsuit against activist investors, a suit that some see as a proxy battle with the U.S. Securities and Exchange Commission over shareholder proposals.

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Union Fund Sues Pioneer For Docs In $59B ExxonMobil Deal

Law 360

Oil and natural gas company Pioneer Natural Resources has been sued for its books and records in the Delaware Court of Chancery by a pension fund alleging that the company's officers and directors breached their fiduciary duties as the company negotiated a $59.5 billion deal to be acquired by oil giant Exxon Mobil Corp.

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Deals Rumor Mill: Toshiba, Exxon Mobil, Brad Pitt

Law 360

Toshiba Corp. could be purchased for more than $19 billion, Exxon Mobil is exploring a takeover of oil and gas producer Denbury, and Brad Pitt's Plan B Entertainment is weighing strategic options including selling all or part of the company.

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Climate Litigation Chart Updates – November 2016

ClimateChange-ClimateLaw

The court again rejected EPA’s argument that the obligation was discretionary as well as the argument that the coal companies that brought the action did not have standing. Murray Energy Corp. Exxon Mobil Corp. New York Court Ordered Exxon and Its Accountant to Comply with Attorney General’s Subpoena.