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Elliott Nails 1st Board Seat At Phillips 66 After Prior Demand

Law 360

Oil refiner Phillips 66 said Tuesday it has named former Cenovus Energy executive Robert W. Pease to its board, caving to pressure from Elliott Investment Management after the activist investor revealed it bought up a $1 billion stake in the company and was seeking two board seats.

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Elliott Reveals $1B Phillips 66 Stake, Seeks 2 Board Seats

Law 360

energy company Phillips 66, as it pushed for two new board directors in an effort to improve the company's performance and "restore trust with investors." Elliott Investment Management revealed Wednesday that it has taken a $1 billion stake in U.S.

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United States: Fifth Circuit Again Denies Arbitration For Pipeline Inspectors' FLSA Claims - Kane Russell Coleman Logan

Mondaq

Phillips 66 Company,[1] the Fifth Circuit Court of Appeals issued the latest in a string of opinions on arbitrating Fair Labor Standards Act. On May 27, 2022, in Hinkle v.

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Case preview: Justices to consider procedural issue in major climate-change lawsuit

SCOTUSBlog

The Supreme Court will hear oral argument on Tuesday in a lawsuit brought by the city of Baltimore against companies that produce fossil fuels, seeking to hold them responsible for their role in global warming. The companies appealed that decision to the U.S. Court of Appeals for the 4th Circuit.

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Justices add two cases on liability of officials who block critics on social media

SCOTUSBlog

The announcement came as part of a list of orders released from the justices’ private conference last week, which also included the denial of several high-profile petitions for review filed by energy companies in lawsuits seeking to hold them responsible for their role in climate change. Decisions in those cases are expected by summer.