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Recovery of “voluntary” cleanup costs will the Supreme Court provide an answer?
- Drinker Biddle & Reath LLP
- -
- USA
- -
- March 8 2007
In a decision important for anyone facing the remediation of contaminated property, the United States Court of Appeals for the Seventh Circuit recently joined the Second and Eighth Circuits in holding that a company that “voluntarily” performs a cleanup may recover some or all of its costs under Section 107 of the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA,” often known as “Superfund”), even though it may itself be a liable party under CERCLA
Liability for climate change: the other shoe drops
- McMillan LLP
- -
- Canada, USA
- -
- July 17 2007
It is as inevitable as the dropping of the other shoe, and it should not take anyone by surprise
Parent corporation not directly liable under Chapter 21E for environmental contamination
- Day Pitney LLP
- -
- USA
- -
- March 31 2008
On March 7, 2008, the Massachusetts Supreme Judicial Court issued a decision ruling that a parent corporation is not directly liable under Chapter 21E for environmental contamination caused by a predecessor to a subsidiary corporation, where the parent acquired an interest in the subsidiary long after the release of hazardous materials
1.5 trillion reasons why climate change impacts are material disclosure
- McCarthy Tétrault LLP
- -
- Canada, USA
- -
- October 1 2007
In our previous column we looked at some global examples of how the emergence of Clean Technology (Clean Tech) has changed the way business and industry look to do business
Recent actions seek increased disclosure of climate change risks posed to US public companies
- Torys LLP
- -
- USA
- -
- October 31 2007
Last month, a group of investors, state officials and environmental groups filed a petition asking the Securities and Exchange Commission (SEC) to mandate that publicly traded companies assess and fully disclose financial risks relating to climate change in their public disclosure
Corporations pressured to disclose more information about potential risks associated with climate change
- Bryan Cave LLP
- -
- USA
- -
- December 7 2007
Recent developments confirm that corporations must recognize the potential need for disclosure of risks associated with greenhouse gas (GHG) emissions, regardless of the nature of their business or the uncertainty of the science
Board oversight of CSR & the role of the CSR committee
- Foley Hoag LLP
- -
- USA
- -
- March 11 2013
Shareholders increasingly expect boards of directors to exercise greater oversight over the social and environmental impacts of corporate activities
Climate change shareholder resolutions increasing
- Torys LLP
- -
- USA
- -
- September 11 2009
The non-profit groups Ceres and the Interfaith Center on Corporate Responsibility recently issued a report concluding that shareholder resolutions on the issue of climate change are increasing in frequency and success
In the matter of Texas Eastern Overseas, Inc.
- Potter Anderson & Corroon LLP
- -
- USA
- -
- November 30 2009
In this opinion, the Delaware Court of Chancery addressed the statutory scheme embodied in Sections 278 and 279 of the Delaware General Corporation Law (“DGCL”) and granted petitioner’s motion for judgment on the pleadings seeking the appointment pursuant to Section 279 of a receiver for respondent, a dissolved Delaware corporation
SEC provides guidance on climate change disclosure
- Dorsey & Whitney LLP
- -
- USA
- -
- March 16 2010
On February 2, 2010, the Securities Exchange Commission published an interpretive release to provide guidance to public companies regarding how existing SEC disclosure requirements apply to climate change
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