Energy, Europe

Polish lawsuit puts board directors’ due diligence obligations in spotlight

While Poland’s energy market is heavily dependent on coal, Enea was warned its proposed power plant could become a stranded asset, because of increasing climate risks and changing environmental policy (Photo: Omar Marques/Getty Images)

Polish energy company Enea has received shareholder approval to sue former management and insurers over a failed coal investment, in a case that shares similarities with the 2023 UK lawsuit against Shell’s board of directors

Last month, Polish energy company Enea held an extraordinary general meeting in which 87 per ...

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