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May 08, 2026
The IRS should issue more guidance on what kind of debt arrangements can limit a development project's access to clean energy tax credits under new prohibited foreign entity requirements as uncertainty over financial liability and ownership becomes a major market concern, practitioners said Friday.
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May 08, 2026
A Texas state court has leveled $120,000 in sanctions against Vartabedian Katz Hester & Haynes LLP for wrongfully obtaining privileged information through discussions with a former in-house counsel of Pioneer Natural Resources in connection with a dispute over oil and gas leases.
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May 08, 2026
A lot can happen in the world of mergers and acquisitions and equity fundraising over the course of a couple weeks, and it's difficult to keep up with all the deals.
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May 08, 2026
A Biden-era appointee to the Federal Mine Safety and Health Review Commission sued President Donald Trump in D.C. federal court, claiming the president illegally fired him from the adjudication body before his six-year term was up without justification.
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May 08, 2026
In this week's Taxation With Representation, gold companies Regis Resources and Vault Minerals combine, Long Lake Management acquires American Express Global Business Travel, and Vodafone buys out CK Hutchison Holdings to become the sole owner of their telecommunications joint venture.
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May 08, 2026
A hydroturbine business and its parent company have sued Wärtsilä in Delaware Chancery Court, saying the company hid or failed to properly account for liabilities before selling American Hydro and then refused to send a postclosing purchase price dispute to an agreed-upon accounting arbiter.
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May 08, 2026
The U.S. Department of Interior has announced it made 1.4 million acres of federal land available to Alaska to make way for more state energy production, as part of its broader land transfer program under the Alaska Statehood Act.
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May 08, 2026
The past week in London has seen Morrisons sued by a former logistics partner, EDF and Cripps LLP face a claim brought by a family estate near Hinkley Point C and a former BBC broadcaster file a defamation claim against a Welsh news site over articles linking her to Russian state media and conspiracy theories. Here, Law360 looks at these and other new claims in the U.K.
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May 07, 2026
Blue states have urged a federal judge to keep alive their lawsuit challenging President Donald Trump's declaration of a national energy emergency, saying every action that's been taken by federal agencies to fast-track nonemergency energy activities flows from that order.
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May 07, 2026
An award creditor of Spain that is owed more than $47 million has defended its Washington federal court bid for information related to the Spanish national soccer team's upcoming appearance at the 2026 FIFA World Cup, saying it's been "left with no choice" as the country continues to evade payment.
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May 07, 2026
The NAACP has asked a Mississippi federal judge to block X.AI Corp. from operating a battery of polluting gas turbines in the community of Southaven, asserting it has continued to add turbines to power a nearby data center rather than address permitting violations.
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May 07, 2026
Venezuela's state-owned oil company has insisted it has no way to repay some $95 million in debt to bondholders due to banks being unwilling to work with it given the pariah status of the Venezuelan government.
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May 07, 2026
A New York bankruptcy judge Thursday told former talc miner Vanderbilt Minerals it can accept a $64 million bid for its mines and said she will give interim approval for $15 million in new Chapter 11 financing from the buyer.
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May 07, 2026
Maryland's Democratic congress members asked the U.S. Air Force to explain "a notable delay" in reporting comprehensive information to state officials about a leak of 32,000 gallons of jet fuel earlier this year at Joint Base Andrews.
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May 07, 2026
A Houston jury said Thursday that 3M Co. was not responsible for a 2020 fatal factory explosion, rejecting arguments from a group of business and property owners affected by the blast that the manufacturing giant shared responsibility.
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May 07, 2026
President Donald Trump's temporary global 10% tariffs are unlawful because the narrow set of economic conditions required for the measure to be imposed were not met, the U.S. Court of International Trade said Thursday in a divided opinion.
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May 07, 2026
Mexico-based marine oil rig service company DEMAR Instaladora y Constructora SA de CV has asked a Texas bankruptcy court to recognize its Mexican bankruptcy proceeding, saying that it spiraled financially after Mexico's state-owned oil company Pemex hit its own financial crisis.
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May 07, 2026
A Hawaii state judge refused to pause Honolulu's climate change lawsuit against fossil fuel companies while the U.S. Supreme Court deliberates the future of a similar case lodged by Boulder, Colorado, saying the case is not federally preempted.
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May 07, 2026
The U.S. Court of International Trade improperly restrained the Commerce Department's discretion to determine countervailable subsidies during a South Korean exporter's administrative review, U.S. steel giant Nucor Corp. told the Federal Circuit on Thursday.
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May 07, 2026
Americold Realty Trust and EQT, advised by Simpson Thacher & Bartlett LLP, are forming a $1.3 billion joint venture to operate and potentially build upon a portfolio of 12 cold storage properties in the U.S., the companies said Thursday.
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May 07, 2026
White collar compliance is getting trickier for companies that do business in Latin America, according to experts, who say they are seeing big shifts in the region connected to cartel crackdowns and efforts to strengthen corporate regulations, including relatively recent pushes for voluntary self-disclosure.
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May 07, 2026
Carbon taxes worldwide raised less than a third of the revenue they could have recently, weighed down by exemptions, reduced rates, compliance gaps and other carbon pricing systems carving out the tax base, the Tax Foundation said Thursday in a report.
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May 07, 2026
A public utility company and its 401(k) plan investment adviser agreed to pay $2.6 million to end a class action alleging that underperforming target-date funds dragged down energy company workers' retirement savings, according to the proposed deal filed in Missouri federal court.
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May 06, 2026
A group of businesses affected by a Houston factory explosion told a jury Wednesday during closing arguments that 3M Co. should bear most of the responsibility for the disaster, while the manufacturing giant contends that the now-defunct owner of the factory is to blame.
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May 06, 2026
Johnson & Johnson and a consultant it hired in the 1970s altered the conclusions of tests that found alarming levels of asbestos in the company's talc products before giving different results to the U.S. Food and Drug Administration, a former FDA commissioner told a Los Angeles jury Wednesday.