Derivative Claim Against Shell’s Board by Climate-Change Activist Shareholder is Refused Permission to Proceed
Cleary M&A and Corporate Governance Watch
MAY 31, 2023
Section 260 of the UK Companies Act 2006 (the “CA 2006”) permits a shareholder to bring a claim on behalf of the company against its directors in respect of certain causes of action, including breach of the directors’ duty of care towards the company. 172 of CA 2006); and the duty to exercise reasonable care, skill and diligence (s.174
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