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June 04, 2026
The Second Circuit will not review its decision this year reversing a New York judge's $16 billion judgment against Argentina arising from its nationalization of YPF SA, the country's largest oil and gas exploration company, despite arguments that the ruling was "profoundly misguided."
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June 04, 2026
Empire Petroleum Corp. Chairman Philippe Mulacek filed a Chapter 11 petition Thursday, pausing enforcement efforts against him over a more than $210 million judgment in a long-running Texas federal court fight with Swiss financier Carlo Civelli.
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June 04, 2026
A Texas bankruptcy judge has approved bankrupt wind energy company Shannon Wind's $129.5 million sale and its Chapter 11 liquidation plan.
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June 04, 2026
Anthropic and China's DeepSeek are among a growing group of AI firms turning to new financing structures to meet surging demand for compute power. Reports indicate that private equity giants are assembling a $36 billion private credit vehicle to help fund Anthropic access to certain Google chips, while DeepSeek has reportedly broken from its earlier strategy by arranging more than $7 billion in outside funding.
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June 04, 2026
The federal government has appealed the U.S. Court of International Trade's order requiring refunds on all duties paid under the International Emergency Economic Powers Act after the U.S. Supreme Court struck them down this year, according to filings in the trade court and Federal Circuit.
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June 04, 2026
Owners of General Motors trucks equipped with allegedly defective L87 engines have asked a Michigan federal judge to order the automaker to immediately produce studies concerning the fuel economy effects of its recall remedy, arguing the documents could narrow the litigation and test GM's public claims that the fix has only a negligible impact on gas mileage.
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June 04, 2026
Under new release-based cleanup regulations that took effect March 1, Connecticut now requires pollution to be reported and remediated when it is found, not when property changes hands, a shift lawyers say expands reporting requirements and accelerates cleanup timelines.
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June 04, 2026
Texas and the U.S. Interior Department asked a federal judge to approve a settlement vacating the Biden-era designation of a lizard species as endangered, after Texas argued that the move was unfounded and imperiled energy development around the Permian Basin.
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June 04, 2026
Skadden Arps Slate Meagher & Flom LLP announced Thursday that a former associate who began her legal career at the firm has returned as a partner in the energy and infrastructure projects group after working in-house roles for nearly five years.
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June 04, 2026
Van-type trailers from China and Mexico are facing countervailing duty orders after the U.S. Department of Commerce preliminarily found Thursday they are benefiting from government subsidies, though it dropped its investigation into Canadian versions of the products.
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June 04, 2026
Environmental groups told the D.C. Circuit that the U.S. Environmental Protection Agency violated the Clean Air Act by extending without justification compliance deadlines for initiating requirements aimed at reducing methane pollution from the oil and gas sector.
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June 04, 2026
Innio, a manufacturer of gas engines used to power artificial intelligence systems, began trading Thursday on the Nasdaq after raising $2.4 billion in an upsized initial public offering guided by Latham & Watkins LLP and Milbank LLP.
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June 03, 2026
Federal prosecutors argued Tuesday that a Washington man should be sentenced to 63 months in prison for moving tens of millions of dollars from investors to overseas bank and cryptocurrency accounts as part of a fraud scheme, while the defendant sought a 15-month sentence, saying he was enticed by "sophisticated international criminals."
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June 03, 2026
Counsel for the families of three women who died of ovarian cancer delivered closing arguments Wednesday in their six-week-long bellwether lawsuit against Johnson & Johnson, telling jurors that decades-old internal documents prove the company hid that its talc was contaminated with asbestos.
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June 03, 2026
The U.S. Court of Federal Claims dismissed a Siemens unit's lawsuit seeking roughly $2.2 million in bid-preparation costs over an energy savings task order the U.S. Army ultimately didn't issue, finding the overarching contract expressly barred such recovery.
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June 03, 2026
A Fifth Circuit panel on Tuesday affirmed a decision finding that ChampionX Corp. lacked the contractual standing to sue insurers for coverage of a $40 million oil spill lawsuit involving one of its subsidiaries, but gave the company a chance to add parties to its complaint in the lower court.
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June 03, 2026
A North Dakota federal judge granted the government an early win in a Colorado energy company's bid for the court to vacate a series of Bureau of Indian Affairs decisions that found it didn't own interest in an oil lease, upholding the agency's decision that the company lacked standing.
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June 03, 2026
New Jersey told a federal court this week it has reached agreements with all but two of the parties that objected to proposed deals worth a combined $3 billion with 3M Co. and various DuPont entities to resolve claims over contamination caused by forever chemicals, saying the agreements further support the court's approval of the settlements.
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June 03, 2026
An Alabama federal judge refused to disturb a $120 million verdict against a former Conrad & Scherer LLP managing partner, ruling there was enough evidence at trial for a jury to find the attorney liable on Drummond Co.'s racketeering and defamation claims.
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June 03, 2026
The principal contractor for the Vineyard Wind offshore wind farm is appealing a Massachusetts state court decision denying its renewed bid to quit the project and move the dispute to arbitration.
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June 03, 2026
The U.S. Securities and Exchange Commission's plan to withdraw corporate climate disclosure regulations could see the commission back in court two years after it was sued for adopting those same regulations, with investor advocates questioning the legality of the agency's change of direction.
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June 03, 2026
Iowa nuclear energy facilities that are beginning or restarting operation are eligible for a sales tax exemption on purchases of materials under a law signed by the governor.
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June 03, 2026
Cooley LLP announced Wednesday that it has hired a pair of Kirkland & Ellis LLP attorneys who the firm says strengthen its ability to guide clients through the full life cycle of infrastructure investments.
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June 03, 2026
Sixty economies are facing added tariffs of either 10% or 12.5% on their exports to the U.S. following investigations by the U.S. Trade Representative's Office into countries' protections against the importing of goods produced with forced labor.
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June 03, 2026
Oklahoma's governor pocket vetoed a bill that would have excluded solar power companies and battery energy storage systems from a property tax exemption for manufacturing facilities.