Cases on Material Adverse Effect (“MAE”) clauses (also known as Material Adverse Change, or MAC, clauses) rarely come before the English courts, so there are limited English authorities on their construction. The High Court...more
AI1 and ESG2 have both been climbing the agenda in the UK financial services industry in recent years. As firms – driven by customer, investor and regulatory expectations – prioritise sustainable and ethical practices and...more
The English High Court has refused permission for ClientEarth to continue a derivative claim against the directors of Shell in relation to the company's climate change commitments and management of climate change risk. In a...more
On 18 February 2020 the International Bar Association (the IBA) launched its Model Statute for Proceedings Challenging Government Failure to Act on Climate Change.
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