National Magazine has published new research into the risky market of ESG fraud. The Canadian Bar Association’s National Magazine periodical dives deep into the litigation finance opportunity associated with ‘green washing.’
An LFJ Conversation with Michael Kelley, Partner, Parker Poe
National Magazine has published new research into the risky market of ESG fraud. The Canadian Bar Association’s National Magazine periodical dives deep into the litigation finance opportunity associated with ‘green washing.’
National Magazine predicts an upcoming tsunami of ESG litigation will soon enter Canadian courts.
Paul Rand, (Chief Investment Officer at Omni Bridgeway), says that Omni Bridgeway plans to offer greater access to the Canadian legal system in a bid to tackle ESG litigation. Mr. Rand goes on to say that quality ESG litigation can lead to high legal costs. Omni Bridgeway is researching potential ways to create an ESG Finance Fund to take advantage of valuable ESG litigation opportunities.
Furthermore, Rand alludes to Omni creating bespoke techniques for evaluating an ESG risk management business strategy.
