"In a loss for ExxonMobil, the New York State Supreme Court has ordered the oil giant and its accounting firm to produce documents subpoenaed in a highly charged investigation of whether the company concealed from investors and the public what it knew about climate change as long as four decades ago.
The New York State Attorney General Eric Schneiderman, who issued a subpoena in August, sought on Oct. 14 to force PricewaterhouseCoopers to provide the documents after ExxonMobil said it would not permit PwC to provide certain documents based on a Texas statute that Exxon said provided “accountant-client privilege.”
The New York Court ruled that Exxon’s interpretation of the Texas statute was “flawed,” and said the Texas statute does not preclude PwC from producing the documents requested by the New York attorney general’s office. The court also stated that New York law, rather than Texas law, governed the dispute."
Steven Mufson reports for the Washington Post October 26, 2016.
NY Supreme Court Orders ExxonMobil To Produce Climate Documents
Source: Wash Post, 10/27/2016
