Energy

  • November 28, 2023

    Orbital OK'd For Ch. 11 Liquidation After Creditors Accept Plan

    A Texas bankruptcy judge on Tuesday approved energy services company Orbital Infrastructure Group's bid to liquidate its business in Chapter 11 after unsecured creditors overwhelmingly voted to accept the plan.

  • November 28, 2023

    GE Resolves $1.1B Angola Power Project Fight

    General Electric and an Angola-focused infrastructure company have agreed to end multiple lawsuits in Connecticut and New York related to the American industrial giant's alleged role in the cancellation of contracts for a $1.1 billion power and water project in the southern African country.

  • November 28, 2023

    Mich. Justices Deny US Steel Hearing On Tax Refund Interest

    Michigan's high court said Tuesday that it won't consider an appeal by U.S. Steel on its claim for two years of interest on a state tax refund, letting stand an appeals court opinion on when the interest started accruing.

  • November 28, 2023

    Recovery Firm's Ukraine Contract Beef Too Old, 1st Circ. Says

    The First Circuit refused to revive an international asset recovery firm's longstanding dispute with the Ukrainian government over alleged unpaid work the firm did to uncover assets stolen by a former prime minister, saying most of the claims had expired.

  • November 28, 2023

    Former Mich. Dam Owners Liable For $120M In 2020 Collapse

    A Michigan federal judge has declared that the former owners of a hydroelectric dam whose 2020 collapse has been called one of the worst environmental disasters in the state are liable for $119.8 million in damage caused to the fisheries and freshwater mussel ecosystem.

  • November 28, 2023

    Nossaman Atty Rejoins Lewis Brisbois As Enviro Co-Leader

    Lewis Brisbois Bisgaard & Smith LLP has welcomed back as a partner an environmental litigator from Nossaman LLP who was previously head of the California Environmental Protection Agency's Department of Toxic Substances Control, the firm said Tuesday.

  • November 28, 2023

    Australian Solar Energy Firm Raises Range For $45M US IPO

    SolarJuice Co. Ltd., an Australian solar equipment provider being spun out of SPI Energy Co. Ltd., on Tuesday raised its fundraising target for its initial public offering to about $45 million, represented by Loeb & Loeb LLP and underwriters counsel Pryor Cashman LLP.

  • November 28, 2023

    Panel Sends Case Involving 'Ancient' Doctrine To La. Justices

    Louisiana's high court is the right venue to consider whether a unique, deeply rooted state legal doctrine lets a Chesapeake Energy unit take post-production costs off the top of revenues owed to owners of state-mandated oil and gas pools, according to a divided Fifth Circuit opinion.

  • November 28, 2023

    Law Firm Leaders Cautiously Optimistic Heading Into 2024

    Major U.S. law firms are steadfast in their commitment to the pursuit of further growth despite ongoing economic uncertainty. Here’s what the leaders of four Leaderboard firms have to say about how the legal industry is preparing for next year.

  • November 28, 2023

    The 2023 Law360 Pulse Leaderboard

    Check out the Law360 Pulse Leaderboard to see which first-in-class firms made the list this year.

  • November 27, 2023

    State Dept. Urged To Improve Embassy Power Plant Planning

    A U.S. Department of State watchdog has called on the agency to improve planning, contracting and oversight processes for its power plant projects amid ongoing performance issues with an $118 million project at the U.S. Embassy in Iraq.

  • November 27, 2023

    Rail Group Wants Calif. Locomotive Regulations Derailed

    The Association of American Railroads says train emissions regulations adopted by the California Air Resources Board are preempted by the Interstate Commerce Commission's Termination Act of 1995, arguing in litigation over the state's authority that the ICC law broadly keeps state and local authority from regulating rail transportation.

  • November 27, 2023

    Settlements Bar New Wrongful Death Suits, Colo. Panel Rules

    A Colorado appellate panel recently ruled that a man's settlement with a driver who killed his daughter prevents him from bringing another lawsuit against a city and a Xcel Energy subsidiary over the accident, determining for the first time how such deals affect the so-called "one civil action" limit on wrongful death cases.

  • November 27, 2023

    Amicus Groups Tell High Court To End Chevron Deference

    Six groups, including the Ohio Chamber of Commerce and several former state supreme court judges, filed friend-of-the-court briefs on Monday urging the U.S. Supreme Court to overturn a decades-old legal doctrine stating that courts must defer to federal agencies' interpretation of ambiguous laws.

  • November 27, 2023

    Judge Chides Oil Plaintiffs For 'Procedural Gymnastics'

    A Colorado federal judge has again knocked down a proposed royalty class action against a Chevron unit and Kerr-McGee, ruling that leaseholders' decision to engage in "procedural gymnastics" instead of filing an appeal was a problem of their own making.

  • November 27, 2023

    Del. Vice Chancellor Calls Ex-AG Barr 'Doubly Wrong' On ESG

    Delaware Vice Chancellor J. Travis Laster has called out as "profoundly misguided" published comments by former U.S. Attorney General William P. Barr criticizing the state's top corporate law courts for "flirtation" with environmental, social and governance principles.

  • November 27, 2023

    Barretts Minerals Pressured To Move Ch. 11 Case To Montana

    The Texas bankruptcy case of Barretts Minerals Inc. should be moved to Montana because the company's ties to Texas are tenuous, the Future Claimants Representative for asbestos victims told the court Monday.

  • November 27, 2023

    Colombia Oil Co. Wants To Challenge McDermott Restructure

    A Colombian state-owned oil company says it has a $1 billion arbitration award on the line and needs permission from a New York federal judge to subpoena a hedge fund manager so it can protect its interests while the company that owes the money restructures in the Netherlands and England.

  • November 27, 2023

    Shell, BP Can't Nab Fed. Venue In Climate Row, 9th Circ. Says

    The Ninth Circuit on Monday rejected five of the world's largest oil and gas companies' attempt to remove climate change litigation spearheaded by San Francisco and Oakland to California federal court, citing numerous prior rulings answering the same jurisdictional question.

  • November 27, 2023

    Robinhood User Says Platform Withheld Info From Investors

    Robinhood and four companies whose shares were available for purchase through the platform are being accused of failing to alert an investor to significant developments, including a reverse stock split and two acquisitions, in a pair of lawsuits filed in Massachusetts state court.

  • November 27, 2023

    Veteran Project Finance Partner Joins Kilpatrick From Stroock

    Kilpatrick Townsend & Stockton LLP announced Monday that it hired an experienced project finance partner from Stroock & Stroock & Lavan LLP who's spent over 30 years working on a wide range of energy projects both domestically and abroad.

  • November 27, 2023

    Locke Lord Brings On Corporate Atty From Sidley In Houston

    Locke Lord LLP announced on Monday the law firm recently fortified its corporate and transactional practice group by hiring a new partner in Houston who came aboard from Sidley Austin LLP.

  • November 27, 2023

    Hogan Lovells Grows D.C. Corporate Team With Energy Atty

    A transactional attorney specializing in the energy sector has moved his practice to Hogan Lovells' Washington, D.C., office to take full advantage of the firm's regulatory team and its international resources.

  • November 27, 2023

    Catching Up With Delaware's Chancery Court

    Delaware's Chancery Court stuffed a lot into a shortened Thanksgiving week, with new cases involving wrestling promoter Vince McMahon, billionaire Howard Lutnick and activist investor Carl Icahn.

  • November 27, 2023

    Beard Energy Transition SPAC Axes Tie-Up With Solar Biz

    Blank-check company Beard Energy Transition Acquisition Corp. and solar and home energy solutions company Suntuity Renewables jointly announced Monday they have called off their planned merger that would have taken Suntuity public at a pro forma enterprise value of $249 million.

Expert Analysis

  • Calif. Resource Adequacy Update May Revalue Power Projects

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    The California Public Utilities Commission's recently initiated proceeding to overhaul its resource adequacy framework — part of an effort to maintain the reliability of the state's power system while decarbonizing it — could have significant effects on the valuation of existing and future power generation resources, say Nicholas Gladd and Max Learner at Wilson Sonsini.

  • Forecasting The Impact Of High Court Debit Card Rule Case

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    John Delionado and Aidan Gross at Hunton consider how the U.S. Supreme Court's forthcoming ruling in a retailer's suit challenging a Federal Reserve rule on debit card swipe fees could affect agency regulations both new and old, as well as the businesses that might seek to challenge them.

  • Series

    ESG Around The World: Mexico

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    ESG has yet to become part of the DNA of the Mexican business model, but huge strides are being made in that direction, as more stakeholders demand that companies adopt, at the least, a modicum of sustainability commitments and demonstrate how they will meet them, says Carlos Escoto at Galicia Abogados.

  • The Case For Post-Bar Clerk Training Programs At Law Firms

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    In today's competitive legal hiring market, an intentionally designed training program for law school graduates awaiting bar admission can be an effective way of creating a pipeline of qualified candidates, says Brent Daub at Gilson Daub.

  • Taking Action On Interagency Climate Financial Risk Guidance

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    Recent joint guidance from the Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency on climate-related financial risk management for large institutions makes it clear that banks should be proactive in assessing their risks and preparing for further regulation, says Douglas Thompson at Snell & Wilmer.

  • Opinion

    A Telecom Attorney's Defense Of The Chevron Doctrine

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    The Chevron doctrine, which requires judicial deference to federal regulators, is under attack in two U.S. Supreme Court cases — and while most telecom attorneys likely agree that the Federal Communications Commission is guilty of overrelying on it, the problem is not the doctrine itself, says Carl Northrop at Telecommunications Law Professionals.

  • SEC Whistleblower Action Spotlights Risks For Private Cos.

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    The U.S. Securities and Exchange Commission’s recent whistleblower action against Monolith Resources holds important implications for private companies, who could face unprecedented regulatory scrutiny amid the agency's efforts to beef up environmental, social and governance reporting and enforcement, say attorneys at Wiley.

  • Attorneys Have An Ethical Duty To Protect The Judiciary

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    The tenor of public disagreement and debate has become increasingly hostile against judges, and though the legislative branch is trying to ameliorate this safety gap, lawyers have a moral imperative and professional requirement to stand with judges in defusing attacks against them and their rulings, says Deborah Winokur at Cozen O'Connor.

  • What NJ's Green Remediation Guidance Means For Cleanups

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    Recent guidance from the New Jersey Department of Environmental Protection promoting greener approaches to restoring contaminated sites demonstrates the state's commitment to sustainability and environmental justice — but could also entail more complexity, higher costs and longer remediation timelines, say J. Michael Showalter and Bradley Rochlen at ArentFox Schiff.

  • Mo. Solar Projects Need Clarity On Enterprise Zone Tax Relief

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    In Missouri, enhanced enterprise zones offer tax abatements that could offset the cost of solar project infrastructure, but developers must be willing to navigate uncertainty about whether the project is classified as real property, say Lizzy McEntire and Anna Kimbrell at Husch Blackwell.

  • AI Can Help Lawyers Overcome The Programming Barrier

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    Legal professionals without programming expertise can use generative artificial intelligence to harness the power of automation and other technology solutions to streamline their work, without the steep learning curve traditionally associated with coding, says George Zalepa at Greenberg Traurig.

  • What To Expect After Colo. Nixes Special Standing Rules

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    Two recent Colorado Supreme Court decisions have abandoned a test to preclude standing in lawsuits challenging government decisions brought by subordinate government entities, which will likely lead to an admixture of results, including opening the door to additional legal challenges between government entities, says John Crisham at Crisham & Holman.

  • What Texas Business Court Could Mean For Oil, Gas Cases

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    While the new business court in Texas might seem an ideal venue for the numerous oil and gas disputes litigated in that state, many of these cases may remain outside its reach under the rules governing the court's jurisdiction — at least for now, say Conrad Hester and Emily Fitzgerald at Alston & Bird.

  • Preparing Law Students For A New, AI-Assisted Legal World

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    As artificial intelligence rapidly transforms the legal landscape, law schools must integrate technology and curricula that address AI’s innate challenges — from ethics to data security — to help students stay ahead of the curve, say Daniel Garrie at Law & Forensics, Ryan Abbott at JAMS and Karen Silverman at Cantellus Group.

  • Series

    ESG Around The World: South Korea

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    Numerous ESG trends have materialized in South Korea in the past three years, with impacts ranging from greenwashing prevention and carbon neutrality measures to workplace harassment and board diversity initiatives, say Chang Wook Min and Hyun Chan Jung at Jipyong.

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