September 30, 2024
A New York federal judge on Monday dismissed an effort by a Brazilian city and residents to hold several big banks liable for allegedly financing environmentally ruinous mining operations in their region, ruling the matter would be more appropriately heard in Brazil.
February 26, 2024
Four leading financial institutions are urging a New York federal judge to throw out a pair of proposed class suits accusing them of enabling environmental degradation in Brazil by lending $17.2 million to Brazilian mining company Vale SA, arguing the claims don't belong in the United States because they are "all about Brazil."
January 01, 2024
In 2024, courts across the U.S. are likely to weigh in on some of the most politically charged legal battles over corporate and regulatory efforts to prioritize environmental, social and governance initiatives, with the future of corporate diversity policies, anti-pollution efforts and corporate greenwashing hanging in the balance.
September 18, 2023
Some of the world's largest financial institutions have enabled environmental degradation and exacerbated the risk of catastrophic dam collapses by lending $17.2 billion to Brazilian mining company Vale SA, according to two proposed class actions filed in New York federal court.