Dechert LLP’s Post

The Legal 500 has released its 2024 Environmental, Social and Governance U.S. Comparative Guide, with Dechert partners Steve Leitzell and Rick Horvath as featured authors. Their "Hot Topic" chapter reiterates their view from last year's guide that assigning corporate boards the duty to monitor ESG risks could weaken the business judgment rule, leading to excessive focus on compliance at the expense of entrepreneurial activity. The chapter advocates for ESG strategies to be decided under the business judgment rule, aligning with traditional corporate law principles, in light of new SEC rules on climate disclosures and recent Delaware court developments. Read the full chapter via the link below.

The Legal 500: Environmental Social and Governance C...

The Legal 500: Environmental Social and Governance C...

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