Posts Tagged ‘Slate’

Now that SEC’s Interpretive Guidance has been published, legal experts are beginning to comment publicly about the Guidance, its meaning and implementation.  The legal analyses generally agree that publicly-traded companies will need to significantly change their current environmental risk assessment practices and/or should look to outside experts on risk assessment techniques. Some of these comments were recently published in an article in Law.com.  Excerpts from that article are below: Jane Kroesche, head of the West Coast environmental transactions practice at Skadden, Arps, Slate, Meagher & Flom: … meeting the new requirements will not just be a matter of “plugging language” into the business discussion or legal proceedings section, where companies usually make environmental disclosures. “It is a very broad-reaching guidance.  It’s important for companies to understand that it’s not just about disclosing the impact from emissions regulations. It goes way beyond that.” Robert O’Connor, head of the clean tech practice at Wilson Sonsini Goodrich & Rosati: … the challenge for corporations under these new guidelines will be twofold. Companies must have the infrastructure in place to know whether there is something to disclose. And, they must find out if they are responsible for carbon emissions along their whole supply chain,

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