Oil giant accepts failures in visibility of in-house function
May 05, 2004 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Shell is to bolster the role of its senior in-house lawyers after an investigation found they were being bypassed by senior executives in the run up to the scandal that has rocked the oil giant.
This week’s report by US firm Davis Polk & Wardwell into the circumstances surrounding Shell’s overstatement of its reserves outlines a series of measures being taken to boost the governance role of Shell’s 600-strong legal department.
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