Energy

  • April 30, 2026

    ADW Pursues $3B Takeover Of Meineke Owner, More Rumors

    Hedge fund ADW Capital is trying to scoop up Meineke owner Driven Brands in a $3 billion deal, SpaceX told investors that only Elon Musk has the power to remove himself as the leader of the space exploration giant, and technology services firm Virtusa Corp. is looking to raise $1 billion in an India initial public offering.

  • April 30, 2026

    Bitcoin Miner MARA Inks $1.5B Deal To Expand Power Assets

    Bitcoin miner MARA Holdings Inc. said Thursday it has agreed to buy FTAI Infrastructure Inc.'s Long Ridge Energy & Power unit for $1.5 billion, including assumed debt, in a deal steered by three law firms.

  • April 30, 2026

    EU-South American Provisional Trade Deal Takes Effect Friday

    The European Union's interim trade agreement with four countries in the South American regional bloc known as Mercosur will begin to apply on a provisional basis Friday, according to news releases issued by the European Commission and members of European Parliament on Thursday.

  • April 30, 2026

    Energy Co. Brass Accused Of $58M 'Pump And Dump'

    A stockholder has sued Enphase Energy Inc.'s top officers and directors in the Delaware Chancery Court, accusing them of misleading investors about weakening demand for the solar technology company's products while insiders allegedly sold more than $58.8 million in stock and the company spent nearly $907 million on allegedly inflated share repurchases.

  • April 30, 2026

    Commerce Finalizes Steep Duties On Russian Palladium

    The U.S. Department of Commerce finalized triple-digit antidumping duty rates on imported palladium from Russia, according to a notice published Thursday.

  • April 29, 2026

    Shoals, Investors Strike $70M Deal To Settle Wire Defect Suit

    Shoals Technologies Group Inc. and investors who accused the solar energy equipment-maker of having downplayed defects in its wire harnesses used in aggregating electricity have reached a settlement that, if approved, would pay roughly $70 million to a settlement class, they have told a Tennessee federal judge.

  • April 29, 2026

    Del. Supreme Court Says Bylaw Suits Came Too Soon

    The Delaware Supreme Court on Wednesday upheld the dismissal of stockholder lawsuits challenging advance notice bylaws adopted by The AES Corp. and Owens Corning, ruling that the claims were premature because no actual dispute over the bylaws had yet materialized.

  • April 29, 2026

    Citgo Bidder Violating Confidentiality Agreement, Court Hears

    Counsel for the oil giant Citgo has accused an affiliate of hedge fund Elliott Investment Management LP of improperly revealing and distorting its confidential information as the parties inch closer toward ending a long-running saga aimed at satisfying billions of dollars' worth of Venezuelan debt.

  • April 29, 2026

    Construction Co. Seeks OK Of $25M Mexican Utility Award

    A Mexico City firm has urged a New York federal court to enforce a roughly $25 million arbitral award it won against the Mexican state-owned utility, Comision Federal de Electricidad, following the failure of a power plant construction project in the state of Sonora.

  • April 29, 2026

    Hague Court Lets ICSID Creditor Seize Spain-Owned Building

    An investor who is owed about $124 million by Spain in an arbitration over revoked renewable energy incentives has won The Hague District Court's permission to seize the Cervantes Institute's headquarters in the Netherlands, saying the property will soon be auctioned.

  • April 29, 2026

    Burgum, Senate Dems Spar Over Energy Permitting Moves

    U.S. Secretary of the Interior Doug Burgum on Wednesday blasted a federal court's recent pause of policies that imposed stricter reviews on wind and solar projects as Senate Democrats said such moves could kill the chances for significant permitting reform legislation.

  • April 29, 2026

    Consultant Says Venezuela Work Didn't Require FARA Filing

    The government did not prove that political consultant Esther Nuhfer was operating in bad faith when she worked with former Florida congressman David Rivera under a $50 million contract with a unit of Venezuela's state-owned oil company, Nuhfer's attorney said Wednesday in his final pitch to jurors.

  • April 29, 2026

    US Lawmakers Back Bid To Win Trump Park Pass Suit

    A coalition of Democratic congressional lawmakers are looking to back a conservation group's summary judgment bid in its challenge to the U.S. Department of Interior's decision to put President Donald Trump's image on this year's America the Beautiful Annual Pass.

  • April 29, 2026

    Charcoal Substitute Startup Accused Of Stealing $500K

    A Wyoming-based holding company owned by a Colorado family claimed in state court Tuesday that the owners of a now-defunct facility that produced a charcoal substitute fleeced them out of $500,000 by making false assertions about the business and its financial health.

  • April 29, 2026

    EPA Staff Challenge Suspensions Over Critical Open Letter

    Fifteen U.S. Environmental Protection Agency employees have filed complaints with the U.S. Office of Special Counsel, alleging the agency unlawfully suspended them after they signed a public "declaration of dissent" against the Trump administration's policies.

  • April 29, 2026

    5th Circ. Unsure If Exxon Can Be Subpoenaed In French Suit

    The Fifth Circuit seemed skeptical Wednesday of keeping in play a French company's request to subpoena Exxon Mobil Corp. for records to use in a derivative suit over alleged mismanagement at a former Exxon affiliate, suggesting the judge who denied the subpoena explained why they did so.

  • April 29, 2026

    10,000 Native Okla. Landowners Owed Oil Royalties, Suit Says

    Five Oklahoma tribal members are asking a Federal Claims Court to order the U.S. government to provide a full accounting of oil and gas leasing royalties they say are owed to more than 10,000 Indigenous landowners, arguing it failed to properly manage the funds.

  • April 28, 2026

    Ohio Steel Co. Agrees To Spend $12M On Waste Cleanup

    Cleveland-Cliffs Inc. has reached a proposed settlement to undertake at least $12 million worth of corrective measures to resolve a decades-old suit filed by the U.S. government in Ohio federal court over hazardous waste discharge at its Middletown Works steel production facility in the Buckeye State, the U.S. Department of Justice said Tuesday.

  • April 28, 2026

    UAE's Exit From OPEC Could Hurt Smaller US Oil Producers

    The United Arab Emirates' forthcoming exit, announced Tuesday, from the Organization of the Petroleum Exporting Countries is expected to have limited immediate effects, but it would free the country from the cartel's oil production quotas and could eventually lower global oil prices.

  • April 28, 2026

    Exxon Misrepresentations Caused Stock Drop, Jury Hears

    Investors told a Texas jury that Exxon Mobil Corp. inflated the value of its stock by misrepresenting how much money its Kearl Lake operations were making, saying Tuesday that the oil giant hid the truth to snag a better interest rate in a bond offering.

  • April 28, 2026

    Pipeline Violations Trouble 4th Circ. As Gas Co. Fights Stay

    A Fourth Circuit panel repeatedly pressed state enforcers and counsel for Mountain Valley Pipeline LLC during oral arguments Tuesday, questioning how language baked into water quality certifications would protect local streams and wetlands given the company's history of permit violations.

  • April 28, 2026

    SPAC Targets Maha Capital In $490M Energy-Fintech Deal

    Maha Capital AB, a Swiss public company that boasts a portfolio of energy-related assets and fintech operations, on Tuesday revealed it had entered into a letter of intent to merge with special purpose acquisition company Blue Water Acquisition Corp. IV to form a new, publicly traded company.

  • April 28, 2026

    Ex-Rep.'s Anti-Maduro Stance Was 'Facade,' Jury Hears

    Former U.S. Rep. David Rivera's public opposition to the regime of former Venezuelan President Nicolás Maduro was just a "facade" as he secretly worked on behalf of the government under a $50 million contract with a unit of Venezuela's state-owned oil company, federal prosecutors told jurors on Tuesday.

  • April 28, 2026

    EPA Creates A Legal Haze With Emissions Plan Rejections

    The Trump administration is advancing a novel constitutional argument in its efforts to keep fossil fuel-fired power plants open, which, if sustained in court, could pose new challenges for states trying to hold up their end of the Clean Air Act.

  • April 28, 2026

    Oncor Wins Long-Running Union Firing Fight At DC Circ.

    A major Texas electric company was allowed to fire a union-represented worker for testifying that the company's smart meters were damaging people's homes, a D.C. Circuit panel ruled Tuesday, finding the worker's 2012 testimony at a Texas Senate committee hearing wasn't protected by the National Labor Relations Act.

Expert Analysis

  • Lessons From Justices' Split On Major Questions Doctrine

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    The justices' varied opinions in Learning Resources v. Trump, which held the International Emergency Economy Powers Act did not confer the power to impose tariffs, offer a meaningful window into the U.S. Supreme Court's perspective on the major questions doctrine that will likely shape lower courts' approach to executive action challenges, say attorneys at Venable.

  • Resilience Planning As Nat'l Security Shifts Tech Import Policy

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    In response to a sustained reorientation of U.S. trade policy around national security considerations, businesses reliant on processed critical minerals must closely monitor diplomatic negotiations and the potential expansion of trade measures, incorporating contingency planning into procurement and long-term investment strategies, says attorney Sohan Dasgupta.

  • Proposed DOL Rule Could Simplify Contractor Classification

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    If the U.S. Department of Labor's recently proposed rule governing employee versus independent contractor classification is finalized, it would permit energy sector employers to evaluate the nature of the working relationship with a more straightforward and predictable analysis than the 2024 rule's unweighted test, say attorneys at Bracewell.

  • How The New Tariff Landscape May Unfold

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    To replace tariffs formerly imposed under the International Emergency Economic Powers Act, the administration will rely on a patchwork of statutes, potentially leading to procedural challenges and a complex tariff landscape with varying levels, durations and applicability, says Joseph Grossman-Trawick at King & Spalding.

  • 2nd Circ. Kazakh Ruling Clarifies RICO Rule, FSIA Exception

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    The Second Circuit's recent Yerkyn v. Yakovlevich ruling, dismissing a Racketeer Influenced and Corrupt Organizations Act claim, demonstrates that RICO's domestic injury requirement is a merits question, and reaffirms the Foreign Sovereign Immunities Act's commercial activity exception, says Brant Kuehn at Greenspoon Marder.

  • Series

    Volunteering With Scouts Makes Me A Better Lawyer

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    Serving as an assistant scoutmaster for my son’s troop reaffirmed several skills and principles crucial to lawyering — from the importance of disconnecting to the value of morality, says Michael Warren at McManis Faulkner.

  • Series

    Law School's Missed Lessons: In Court, It's About Storytelling

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    Law school provides doctrine, cases and hypotheticals, but when lawyers step into the courtroom, they must learn the importance of clarity, credibility, memorability and preparation — in other words, how to tell simple, effective stories, say Nicholas Steverson and Danielle Trujillo at Wheeler Trigg, and Lisa DeCaro at Courtroom Performance.

  • What's Changed In Army Corps' Reissued Nationwide Permits

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    The final rule recently issued by the U.S. Army Corps of Engineers, renewing and revising nationwide permits for projects covered by Section 404 of the Clean Water Act, makes measured adjustments rather than sweeping revisions, addressing key operational and compliance concerns while maintaining the existing framework, say attorneys at Spencer Fane.

  • Parsing Clarifications On Foreign Entity Rules For Tax Credits

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    Recent U.S. Internal Revenue Service and Treasury Department guidance answers taxpayer questions on several key foreign entity rules under the One Big Beautiful Bill Act, but questions remain over transactions with companies that have ties to covered nations such as Iran, say attorneys at Cleary.

  • Aligning Microsoft Tools With NYC Bar AI Recording Guidance

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    The New York City Bar Association’s recently issued formal opinion, providing ethical guidance on artificial intelligence-assisted recording, transcription and summarization, raises immediate questions about data governance and e-discovery for companies that use Microsoft 365 and Copilot, say Staci Kaliner, Martin Tully and John Collins at Redgrave.

  • 11th Circ. NextEra Ruling Broadens Loss Causation Standard

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    The Eleventh Circuit's recent Jastram v. NextEra Energy decision significantly expands the loss causation standard at the motion-to-dismiss stage and may lead to suits predicated on more tenuous connections between company disclosures and alleged misstatements, say attorneys at Sidley.

  • Class Actions At The Circuit Courts: March Lessons

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    In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses four recent rulings from January and identifies practice tips from cases involving allegations of violations of consumer fraud regulations, the Fair Credit Reporting Act, employment law and breach of contract statutes.

  • Preferred Equity Monetizations Unlock Energy Tax Credits

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    As private capital funds more energy and infrastructure projects, preferred equity monetization structures — combining elements of tax credit transfers and tax equity partnership-flip transactions with hybrid capital structures — can help project sponsors monetize federal tax credits, access private capital markets and gain structuring flexibility, say attorneys at Willkie.

  • 5 Different AI Systems Raise Distinct Privilege Issues

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    A New York federal court’s recent U.S. v. Heppner decision, holding that a defendant’s use of Claude was not privileged, only addressed one narrow artificial intelligence system, but lawyers must recognize that the spectrum of AI tools raises different confidentiality and privilege questions, says Heidi Nadel at HP.

  • After Learning Resources: A Practical Guide For US Importers

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    Following the U.S. Supreme Court's Feb. 20 decision in Learning Resources v. Trump, U.S. importers and consumers on whom tariffs were imposed under the International Emergency Economic Powers Act can seek relief through existing administrative procedures or a yet-to-be-determined bespoke refund mechanism, and should plan for more changes in the tariff landscape, say attorneys at Baker Botts.

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