{"id":76,"date":"2007-05-29T20:41:03","date_gmt":"2007-05-29T19:41:03","guid":{"rendered":"http:\/\/kranenburgesq.com\/blog\/2007\/05\/a-third-note-on-the-shell-settlement\/"},"modified":"2007-05-29T20:55:39","modified_gmt":"2007-05-29T19:55:39","slug":"a-third-note-on-the-shell-settlement","status":"publish","type":"post","link":"https:\/\/kranenburgesq.com\/blog\/2007\/05\/a-third-note-on-the-shell-settlement\/","title":{"rendered":"A (third) note on the Shell Settlement"},"content":{"rendered":"<p align=\"left\">The main post on the settlement is still pending (see <a target=\"_blank\" href=\"http:\/\/kranenburgesq.com\/blog\/2007\/04\/a-second-note-on-the-shell-settlement\/\">previous post<\/a>), but with thanks to <a title=\"Foreign Shareholders, Royal Dutch Shell, and a Record (Attempted) Settlement\" target=\"_blank\" href=\"http:\/\/www.theracetothebottom.org\/home\/foreign-shareholders-royal-dutch-shell-and-a-record-attempted-settlement.html\">The Race to the Bottom<\/a>, in the interim a third note.<\/p>\n<p align=\"left\">Earlier this month, Lead Plaintiffs <a title=\"Pennsylvania Public School Employees' Retirement System\" target=\"_blank\" href=\"http:\/\/www.psers.state.pa.us\/\">PSERS<\/a> and <a title=\"Pennsylvania State Employees' Retirement System\" target=\"_blank\" href=\"http:\/\/www.sers.state.pa.us\/\">SERS<\/a> (represented by Lead Class Counsel <a target=\"_blank\" href=\"http:\/\/www.bernlieb.com\/\">Bernstein Liebhard &#038; Lifshitz LLP<\/a>) have filed two motions in opposition of the settlement in the original US case pending in New Jersey District Court, opposing the severance and dismissal of the opt-out plaintiffs&#8217; claims and in support of enjoinder of Shell and the Opt-Out Plaintiffs from seeking approval of the settlement in the Amsterdam Court of Appeals.<\/p>\n<p align=\"left\">Shell (<a target=\"_blank\" href=\"http:\/\/www.rfbclaw.com\/\">Robertson Freilich Bruno &#038; Cohen LLC<\/a>) and the Opt-Out Plaintiffs (<a target=\"_blank\" href=\"http:\/\/www.gelaw.com\/\">Grant &#038; Eisenhofer PA<\/a>) each have filed motions in response. The University of Denver Sturm College of Law&#8217;s <a title=\"Brockamp v. Royal Dutch Petroleum Company, 04-CV-00374 (DNJ) at University of Denver Sturm College of Law\" target=\"_blank\" href=\"http:\/\/law.du.edu\/jbrown\/corporateGovernance\/international\/brockampDutch\/index.cfm\">Corporate Governance section<\/a> (with which The Race to the Bottom is affiliated) offers all four motions.<\/p>\n<p align=\"left\"><strong>What&#8217;s more<\/strong>: though this is of course the shortest of short notices and hot on the heels of the IBA\/ABA&#8217;s European class action conference of last week in Rome, <a target=\"_blank\" href=\"http:\/\/globalpensions.com\/\">Global Pensions<\/a> hosts a conference in London tomorrow on the same topic under the title Class Action Forum 2007. (<a target=\"_blank\" href=\"http:\/\/globalpensions.com\/events\/classaction\/docs\/Brochure.pdf\">programme<\/a>) The speakers are predominantly from plaintiffs&#8217; firms <a target=\"_blank\" href=\"http:\/\/www.bergermontague.com\/\">Berger &#038; Montague PC<\/a>, <a target=\"_blank\" href=\"http:\/\/www.blbglaw.com\/\">Bernstein Litowitz Berger &#038; Grossmann LLP<\/a> and <a target=\"_blank\" href=\"http:\/\/www.murrayfrank.com\/\">Murray Frank &#038; Sailer LLP<\/a>.<\/p>\n<p align=\"left\">One presentation of note is on the Shell settlement as case study presented by Gerard W.R. Fehrenbach, a senior adviser with pension fund <a target=\"_blank\" href=\"http:\/\/www.pggm.nl\/\">PGGM<\/a>, one of the Opt-Out Plaintiffs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The main post on the settlement is still pending (see previous post), but with thanks to The Race to the Bottom, in the interim a third note. Earlier this month, Lead Plaintiffs PSERS and SERS (represented by Lead Class Counsel Bernstein Liebhard &#038; Lifshitz LLP) have filed two motions in opposition of the settlement in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,6],"tags":[],"class_list":["post-76","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-what-when-where"],"_links":{"self":[{"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/posts\/76","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/comments?post=76"}],"version-history":[{"count":0,"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/posts\/76\/revisions"}],"wp:attachment":[{"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/media?parent=76"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/categories?post=76"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kranenburgesq.com\/blog\/wp-json\/wp\/v2\/tags?post=76"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}