In this landmark case’s dramatic conclusion, the judge awarded $6.7 million in damages to 21 street artists for the “remorseless,” “willful” destruction of their art.
After watching cities like Miami and Houston deal with the drastic effects of climate change, Oakland and San Francisco took preemptive action, suing fossil fuel pollutors for putting their cities at risk.
The business judgment rule offers directors some protection, but it is not an all-purpose shield against claims based on dereliction of duty, let alone disloyalty or self-dealing.
