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Energy

  • May 17, 2019

    Enviros Challenge DOI Approvals For Utah Oil Shale Project

    The federal government failed to adequately assess environmental impacts before granting permits for elements of the nation’s first commercial-scale oil-shale mine and processing plant, environmental groups said in a lawsuit filed Thursday.

  • May 17, 2019

    Gov't Must Provide Info In Challenge To 2-For-1 Rule Order

    The D.C. federal judge presiding over public interest groups' challenge to President Donald Trump's executive order requiring that for every new regulation, two rules must be eliminated, said Friday that federal agencies must do a better job complying with discovery.

  • May 17, 2019

    Ill. Gov. Offers New, Hiked Taxes In $41.5B Infrastructure Plan

    Illinois would double its gas tax and create taxes on streaming services and ride sharing, among other services, to pay for a $41.5 billion infrastructure plan the governor circulated Friday.

  • May 17, 2019

    Cubic Energy Successor's Ch. 11 Debt Swap Plan Gets OK'd

    Bankrupt oil and gas exploration company Hilltop Energy LLC received court approval Friday in Delaware for its proposed schedule seeking rapid confirmation of its $53 million debt-for-equity swap.

  • May 17, 2019

    Vantage Gets $720M Petrobras Award OK'd By Texas Court

    A Texas federal judge on Friday confirmed a $720 million arbitral award issued to Vantage Deepwater Co. following a dispute with Petrobras over a canceled drilling contract, rejecting arguments that the tribunal had failed to properly consider whether the contract was procured through bribery.

  • May 17, 2019

    Alix Co. Lacks Standing In ANR Ch. 11 Fight With McKinsey

    A Virginia bankruptcy judge ruled Friday a company owned by restructuring adviser Jay Alix can't continue to take part in the Alpha Natural Resources bankruptcy it fought to reopen to investigate alleged conflicts of interest by rival consultant McKinsey & Co.

  • May 17, 2019

    Platinum Exec Says Co-Founder Misled Investors

    A former Platinum Partners executive on Friday told a New York federal jury that the firm’s co-founder and others misled potential investors about the financial health of Platinum’s main fund while the hedge fund manager was struggling to pay back tens of millions of dollars to its limited partners.

  • May 17, 2019

    BMW Blasts EU’s Emissions Tech Cartel Case

    BMW AG’s chief executive on Thursday blasted a European Union investigation alleging that it colluded with other German car makers to keep new emissions technology off the market for several years, calling the claims unfounded.

  • May 17, 2019

    Don't Reduce Arbitration To 'Sham' Proceeding, 5th Circ. Told

    China’s state-run aerospace corporation again told the Fifth Circuit on Thursday to overturn the confirmation of a $70 million award over a soured joint venture, arguing that the prevailing companies' perspective would turn arbitrations into “sham proceedings.”

  • May 17, 2019

    Czech Republic Wins 4 Cases Over Solar Energy Incentives

    The Czech Republic has prevailed in arbitration over changes to renewable energy subsidies initiated by four European Union investors that claimed they were owed more than $21 million, after an international tribunal concluded those changes had been reasonable.

  • May 17, 2019

    DC Circ. Won't Block EPA Small Refiner RFS Waiver Action

    The D.C. Circuit on Friday refused to prevent the U.S. Environmental Protection Agency from granting new exemptions to small refiners from the Renewable Fuel Standard program while a biofuel industry group challenges the agency's allegedly revised policy for reviewing exemption requests.

  • May 17, 2019

    8 Firms Steer 5 IPOs Topping $1B Led By Diamondback Unit

    Eight firms will lead five initial public offerings that could raise more than $1.1 billion in combined proceeds during the week of May 20, led by a Diamondback Energy subsidiary's IPO and joined by smaller offerings among blank check and biotechnology companies.

  • May 17, 2019

    Platinum Reinsurer Strikes Back At Insurer 'Smear Campaign'

    A set of reinsurance and asset management companies that has been accused of operating as an alter ego of now-defunct Platinum Partners is fighting to escape racketeering claims from the hedge fund's insurers.

  • May 17, 2019

    EPA Can't Justify Emissions Policy Change, DC Circ. Told

    A new U.S. Environmental Protection Agency policy that allows an easier permit review process for projects that won't significantly increase emissions gives polluters carte blanche to flout national air quality standards, the Sierra Club has told the D.C. Circuit.

  • May 17, 2019

    The Law Firms Making Millions Off The PG&E Cases

    The nation's largest utility company, Pacific Gas and Electric, has paid at least $89 million in the past year in legal fees to firms directly involved with its bankruptcy, civil, criminal and regulatory cases stemming from California wildfires — and the vast majority of that sum has gone to Cravath Swaine & Moore LLP.

  • May 17, 2019

    Wollmuth Maher Snags NOLA Energy Atty For NYC Office

    Wollmuth Maher & Deutsch LLP has bolstered its bankruptcy, restructuring and insolvency group with a former Skadden and McGlinchey Stafford attorney who specializes in the energy industry.

  • May 17, 2019

    Texas Justices Side With Time Warner In Utility Fees Row

    The Texas Supreme Court said Friday that San Antonio's municipal utility charged discriminatory utility pole attachment fees to Time Warner Cable Texas LLC by collecting lower fees from AT&T Inc. despite billing both companies the same price for access.

  • May 17, 2019

    Taxation With Representation: Wachtell, Kirkland, Proskauer

    In this week’s Taxation With Representation, KPS Capital Partners buys an air and gas business from Colfax, Hewlett-Packard takes over the supercomputer company Cray, and French chemical maker Arkema purchases an additive manufacturer.

  • May 17, 2019

    Greenpeace To Get €2.7M Over Russia's Seizure Of Its Ship

    Greenpeace said Friday that it will receive €2.7 million ($3 million) from the Netherlands after the country settled its claims against Russia over Russia's seizure of the environmental group’s ship that was protesting at an offshore oil platform in the Arctic Ocean.

  • May 17, 2019

    Trade Org Backs Steel Tariff Challenge At High Court

    Advocacy organization the National Foreign Trade Council urged the U.S. Supreme Court on Friday to review President Donald Trump’s use of a Cold War-era law to set tariffs on steel and aluminum, saying the move was unconstitutional and has severely damaged the U.S. economy.

Expert Analysis

  • Q&A

    A Chat With Gilead Sciences Legal Ops Leader Gary Tully

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    In this monthly series, legal recruiting experts from Major Lindsey & Africa interview legal industry leaders about the increasingly competitive business environment. Here, Rod Osborne talks with Gary Tully, head of legal operations at Gilead Sciences.

  • Opinion

    Oil Cartel Bill's Passage Is Long Overdue

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    The No Oil Producing and Exporting Cartels Act has been reintroduced in Congress, and the oil market conditions that spurred this needed legislation in 2000 are just as widespread today — but so are the inaccurate criticisms of this bill, says attorney Seth Bloom, who drafted the original version of NOPEC.

  • Series

    Why I Became A Lawyer: Completing The Journey Home

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    My mother's connection to her Native American heritage had a major influence on my career — my decision to enter the legal profession was driven by the desire to return to my tribal community and help it in any way I could, says Jason Hauter of Akin Gump.

  • Series

    Judging A Book: Wood Reviews 'The Making Of A Justice'

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    Retired U.S. Supreme Court Justice John Paul Stevens' new book, "The Making of a Justice," is required reading for anyone interested in 20th and 21st century America, says Seventh Circuit Chief Judge Diane Wood.

  • PG&E Oversight Battle Looms For FERC, Bankruptcy Court

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    Although the Federal Energy Regulatory Commission recently reasserted its concurrent jurisdiction with the bankruptcy court over the disposition of Pacific Gas and Electric’s wholesale power contracts in bankruptcy, it is reasonable to assume that this clash between two governmental entities will ultimately be resolved in the U.S. Supreme Court, say attorneys at Blank Rome.

  • Getting Out Of Legal Project Management Debt

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    If a client does not demand the application of project management techniques at the start of a matter, or a law firm does not routinely apply them, it is highly likely that additional, avoidable work — legal project management debt — will materialize throughout the matter, says Anthony Widdop of Shearman & Sterling.

  • Opinion

    NAFTA Update A Step Backward For US Investors

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    Under the U.S.-Mexico-Canada Agreement, U.S. investors would lose the robust international law protections and dispute resolution mechanisms that they have relied on for years in the North American Free Trade Agreement, say Ian Laird and Melissa Morris of Crowell & Moring.

  • Traders At Risk Of DOJ Wire Fraud Charges For Spoofing

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    In U.S. v. Vorley, the U.S. Department of Justice has charged two commodities traders with wire fraud, based on an alleged spoofing scheme. The DOJ's approach could greatly expand potential criminal liability for spoofing activity, say attorneys at Mayer Brown.

  • 4 Ways State AGs Are Targeting Energy Sector

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    State attorneys general are playing an increasingly prominent role in regulating energy and environmental activity within their states. Energy sector participants should note AG priorities and take a proactive approach, say attorneys at WilmerHale.

  • 6 Ways To Keep Your Jury From Zoning Out

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    Science suggests that at least some jurors pay attention to less than 65% of the evidence during a trial due to "task-unrelated thoughts," but there are steps attorneys can take to present information in a more engaging, cognition-friendly fashion, say Dennis Stolle and Dennis Devine of Barnes & Thornburg.