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December 13, 2019 | Litigation Daily

Litigators of the Week: On the Hot Seat, Paul Weiss Team Delivers a Cool Win for ExxonMobil in $1.6B Climate Change Suit

'There's no playbook or conventional wisdom out there for how to defend a case like this. We were really writing on a blank slate.'
12 minute read
December 10, 2019 | Texas Lawyer

ExxonMobil Cleared in NY AG's Lawsuit Over Securities Disclosures for Climate Change

The decision came with one caveat, with Manhattan Supreme Court Justice Barry Ostrager saying the decision does not represent a vindication of Exxon Mobil's environmental stewardship. But he said the case implicated securities fraud, not the environmental footprint of the energy company.
4 minute read
December 10, 2019 | New York Law Journal

Manhattan Judge Clears Exxon in NY AG's Lawsuit Over Accounting for Climate Change Risks

The decision came with one caveat, with Manhattan Supreme Court Justice Barry Ostrager saying the decision does not represent a vindication of Exxon Mobil's environmental stewardship. But he said the case implicated securities fraud, not the environmental footprint of the energy company.
4 minute read
November 22, 2019 | New York Law Journal

Gibson Dunn's Boutrous Asks 2nd Circuit to Uphold Dismissal of City's Climate Change Suit

Attorneys for New York City maintain that the case is not about emissions at all. Rather, they contended the companies should be held responsible for social costs they knew would result from the production and sale of fossil fuels to consumers.
4 minute read
November 07, 2019 | Litigation Daily

Fraud Charges Dropped in ExxonMobil's Climate Change Trial

Exxon attorney Ted Wells, a partner at Paul, Weiss, Rifkind, Wharton & Garrison, was quick to criticize the late concession on fraud charges, and described the remaining contested issue under the Martin Act as trivial.
3 minute read
November 07, 2019 | Texas Lawyer

Fraud Charges Dropped in Texas-based ExxonMobil's Climate Change Trial

Exxon attorney Ted Wells, a partner at Paul, Weiss, Rifkind, Wharton & Garrison, was quick to criticize the late concession on fraud charges, and described the remaining contested issue under the Martin Act as trivial.
3 minute read
November 01, 2019 | Corporate Counsel

Big Name Company Lawyers Assume Leadership at Startups: October 2019 In-House Moves

Several lawyers who built their in-house reputations at well-known companies from Uber Technologies Inc. to Apple Inc. have taken top counsel positions at growing companies in October.
19 minute read
October 30, 2019 | New York Law Journal

Greenhouse Gas Costs Were Not Material in Exxon Decision-Making, Rex Tillerson Says

At one point, Tillerson held both his arms out, demonstrating the broad "basket" of issues he dealt with as CEO. He said his entire job involved risk management, but climate change was only one risk on Exxon's long list.
3 minute read
October 22, 2019 | Texas Lawyer

Former CEO Tillerson Expected to Testify as Trial Begins Against Texas-based Exxon Mobil Corporation

The attorney general's office has argued that the cost models were inconsistently and confusingly applied, which led investors to pay more than they should have paid for Exxon securities.
2 minute read
October 22, 2019 | New York Law Journal

Tillerson Expected to Testify as Trial Begins in NY AG's Lawsuit Against Exxon

The attorney general's office has argued that the cost models were inconsistently and confusingly applied, which led investors to pay more than they should have paid for Exxon securities.
2 minute read

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