Staff Legal Bulletin No. 14L: More Evidence for the ESG Paradigm Shift

On December 22, 2021, Thomson Reuters Legal’s “Wall Street Lawyer” newsletter published an article authored by Cravath partners John W. White, Matthew Morreale and Michael Arnold based on a recent Firm memo to clients entitled “Staff Legal Bulletin No. 14L: More Evidence for the ESG Paradigm Shift.”

Originally published for Cravath’s clients on November 8, 2021, the article discusses new guidance published by the Securities and Exchange Commission covering when shareholder proposals may be excluded from public companies’ proxy statements, including its relevance to proposals on environmental, social and governance (or “ESG”) topics.

Please click here to read the full article.