Big Finance Is Making Millions in Lawsuits Against Environmental Legislation

The funds specialized in financing litigation have helped fossil fuel and mining companies to raise $92 billion in public moneyThe Berkeley mining company claims $1 billion from Spain and resorts to veto arbitration on the exploitation of Salamanca The financial speculators are investing more and more in lawsuits against the states for the negative effect of environmental regulation on business profits, as The Guardian has revealed. This is gene…

Lawsuits for fun and profit

The Constitution Study with Host Paul Engel – Lawsuits are everywhere, and I can’t help but notice how quickly disagreements turn into legal battles. While some seek justice, many are driven by power, position, or pure profit. I take a closer look at what’s really motivating these cases and question whether our legal system serves fairness—or simply fuels a culture obsessed with money.

Financial speculators are investing more and more in lawsuits against states because of the negative impact of environmental regulation on corporate profits, as The Guardian has revealed. This is often generating juicy compensation. For a long time, companies that finance litigation thrived in the field of traffic accidents and labor lawsuits. “Did you have an accident that wasn’t your fault?” is a well-known slogan in the sector, whose business…

Big Finance Is Making Millions in Lawsuits Against Environmental Legislation

Impakter Big Finance Is Making Millions in Lawsuits Against Environmental Legislation An analysis by the Guardian has found that fossil fuel and mining companies have won almost $92 billion of public money using investor-state dispute settlement laws. It would appear that environmental legislation unwittingly provides them with yet another opportunity to make money and line the pockets of hedge fund shareholders. Aside from the hefty payouts, [……

The funds specialized in financing environmental litigation have helped fossil fuel and mining companies take $92 billion in public money. By Patrick Greenfield / Phoebe Weston Financial speculators are investing more and more in lawsuits against states for the negative impact of environmental regulation on corporate profits, as The Guardian has revealed. This is generating, on many occasions, juicy compensations. For a long time, companies invo…