Katie Preiskel

Jul 26, 2023 | shlegal.com | Michael Barron |Adam Culy |David Dowding |Katie Preiskel

In ClientEarth v Shell Plc & Ors (Re Prima Facie Case) [2023] EWHC 1137 (Ch), the High Court rejected ClientEarth's application for permission to bring a derivative claim against Shell's directors. The case was touted as a "world-first" of a shareholder using a derivative action to hold the directors of a listed company to account for allegedly failing to manage climate change risks.