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Energy
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December 02, 2025
Elliott Says Millions Lost To Oil And Gas Venture Overcharges
Elliott Investment Management LP has accused SRP Capital Advisors LLC and a principal of misappropriating "tens of millions" from Elliott and other investors in an alleged scheme that began to emerge after a books and records suit in Delaware's Court of Chancery earlier this year.
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December 02, 2025
Utah Youth Bring Renewed Challenge To Fossil Fuel Permits
A group of 10 young Utah residents have urged a state court to declare that more than 300 of Utah's fossil fuel development permits violate their right under Utah's constitution to enjoy life.
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December 02, 2025
Judge Doubts That FEMA Funds Freeze Is Harmless
A Massachusetts federal judge on Tuesday appeared to push back on assertions by the Trump administration that states are not entitled to a court order vacating what the government says is a temporary freeze of Federal Emergency Management Agency funds intended to pay for disaster-mitigating projects.
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December 02, 2025
US Steel Agrees To Fine Over Monongahela River Oil Slicks
U.S. Steel will pay the Pennsylvania Department of Environmental Protection $135,000 and take several steps to monitor and mitigate discharges of oily, greasy sheens from its Mon Valley Works Irvin Plant into the Monongahela River, the DEP announced Tuesday.
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December 02, 2025
Grid Org. Justified Project Exemptions, FERC Tells DC Circ.
The Federal Energy Regulatory Commission said Tuesday that it reasonably trusted a regional grid operator's judgment that a Kansas electricity cooperative's transmission projects should be exempted from a process to determine how project costs are divided before they're approved.
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December 02, 2025
Chevron Unit Entitled To $80M In Tax Credits, Tax Court Told
A Chevron subsidiary and chemicals supplier that operates internationally is entitled to more than $80 million in tax credits for energy investments and research related to plastics production, the company has told the U.S. Tax Court in challenging denials by the Internal Revenue Service.
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December 01, 2025
Exxon Loses Renewed Bid To Nix Conn. Climate Suit
Connecticut's attorney general can continue to pursue his lawsuit accusing Exxon Mobil Corp. of knowingly deceiving residents about its sustainability efforts and the harmful climate effects of its fossil fuel sales, a Connecticut state court ruled, rejecting the oil and gas giant's renewed attempt at ending the case.
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December 01, 2025
Travelers Asks Texas Court To Allocate $11M Auto Coverage
The Travelers Indemnity Company of America asked a Texas federal court Monday to divvy up $11 million in insurance policy limits to relieve the insurer and the energy company it insured from wrongful death lawsuits following a fatal car crash involving a driver for the company.
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December 01, 2025
11th Circ. Reverses Energy Co. Win In Investor Suit
The Eleventh Circuit has revived a proposed class action against NextEra Energy Inc. seeking to hold the energy company liable for a drop in its share price after political interference allegations emerged against its subsidiary Florida Power and Light Co.
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December 01, 2025
Latham-Led Targa To Pay $1.3B For Permian Processing Co.
Targa Resources Corp. said Monday it will acquire Stakeholder Midstream LLC for $1.25 billion in cash, adding an extensive gathering and processing, or G&P, system in the Permian Basin to its asset base.
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December 01, 2025
Venezuela Will Challenge $5.9B Sale Of Citgo Parent
Venezuela, the country's state-owned oil company and others have appealed a Delaware federal judge's order approving the $5.89 billion sale of Citgo Petroleum's parent company to an affiliate of hedge fund Elliott Investment Management LP, potentially delaying the long-awaited sale of Venezuela's most significant seizable asset.
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December 01, 2025
What MDL Judges Can Get Done With A New Civil Rule
As the first federal procedure rule geared toward multidistrict litigation goes into effect, judges will have a new buffet of best practices to guide them, but little in the way of hand-tying mandates.
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December 01, 2025
Clifford Chance Hires Another Day Pitney Energy Expert In DC
A little less than a year after joining Day Pitney LLP's energy practice, an attorney who moved there alongside a longtime colleague has followed him to a new firm once more, joining Clifford Chance's energy regulatory and markets practice as a counsel, the firm announced Monday.
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December 01, 2025
Spain, Zimbabwe Urge Top UK Court To Ax Arbitration Awards
Spain and Zimbabwe urged the U.K.'s highest court Monday to throw out a ruling that they could not use state immunity to dodge enforcement of multimillion-dollar arbitration awards, saying they had not explicitly waived immunity in the international agreement.
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December 01, 2025
ITC Clears Way For AD/CV Duties On CORE Steel Imports
The U.S. International Trade Commission finalized a determination that domestic producers were harmed by subsidized corrosion-resistant steel products imported from several countries and sold at less than fair value, according to a notice published Monday.
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December 01, 2025
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court saw a slate of corporate law clashes this past week, from fast-moving injunction fights in consumer product and real estate markets to multibillion-dollar oversight claims against crypto executives and fresh battles over control for two sports teams.
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November 26, 2025
Barrick Mining Resolves All Disputes With Mali In Settlement
Barrick Mining Corp. says it has reached an agreement with the Republic of Mali that puts an end to all the disputes the company has had with the government over the Loulo and Gounkoto mines in the West African country.
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November 26, 2025
Spain Seeks Pause On €77M Blasket Award Enforcement
Spain has asked a D.C. federal court to pause efforts by Blasket Renewable Investments LLC to enforce a €77 million ($89 million) arbitral award while the country waits for the U.S. Supreme Court to decide whether to review a related case.
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November 26, 2025
Fla. Energy Co. Hit With $5.3M Suit For Generator Sale
An Israeli company told a Florida state court that a Miami-based energy services company owes it a $5.3 million commission for the sale of a specialized generator, saying it found the buyer for the Miami company's sale.
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November 26, 2025
Oil Trader Says No Jail Needed After Co.'s $191M Bribery Fine
A former Connecticut oil trader convicted of laundering money and paying bribes to an official at Brazilian oil giant Petroleo Brasileiro SA has sought a sentence of probation, citing the U.S. government's "significant rollback" of Foreign Corrupt Practices Act enforcement.
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November 26, 2025
Golf Cart Battery Co. Urges Chancery To Block Rival's Sales
A Texas-based golf cart battery maker is asking the Delaware Chancery Court for an emergency order barring a distributor from selling newly acquired Bolt Energy USA batteries, arguing the move would violate a still-active noncompete period and irreparably damage the young lithium battery maker's reputation and customer base.
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November 26, 2025
Colo. Group Says Oil, Gas Fees Are Taxes That Violate TABOR
A nonprofit conservative advocacy group told a Colorado state court Tuesday that a 2024 law which imposes new fees on oil and gas producers is actually a tax and should be subject to a public vote as required by the Colorado Taxpayer's Bill of Rights.
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November 26, 2025
Forest Council Backs Feds In Mont. Logging Project Dispute
The American Forest Resource Council is asking a Montana federal court to allow it to intervene in a challenge by a group of environmental nonprofits over a plan to clear-cut 12,331 acres in the Flathead National Forest, saying its members have economic and protective interests at stake.
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November 26, 2025
11th Circ. Urged To Restore Cut To $17M Easement Deduction
The Internal Revenue Service disregarded U.S. Supreme Court precedent in arguing that the U.S. Tax Court was right to slash a partnership's $17 million tax deduction for donating a conservation easement, the partnership told the Eleventh Circuit.
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November 26, 2025
11th Circ. Won't Revive Ga. Utility Commission Suit It Killed
The Eleventh Circuit said Tuesday that it won't give Georgia residents a chance to recast their claims challenging how the state's utility commission members are elected, after the court already killed the suit once.
Expert Analysis
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What 2 Profs Noticed As Transactional Law Students Used AI
After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.
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State AGs Are Turning Up The Antitrust Heat On ESG Actions
Recent antitrust developments from red state attorneys general continue a trend of environmental, social and governance scrutiny, and businesses exposed to these areas should conduct close examinations of strategy and potential material risk, say attorneys at Morgan Lewis.
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Top Takeaways From Trump's AI Action Plan
President Donald Trump's AI Action Plan represents some notable evolution in U.S. policy, including affirmation of the administration's trend toward prioritizing artificial intelligence innovation over guardrails and toward supporting greater U.S. private sector reach overseas, say attorneys at WilmerHale.
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Ill. Toxic Tort Jurisdiction Law Raises Constitutional Concerns
Illinois' S.B. 328, purporting to broaden state courts' jurisdictional reach over out-of-state corporations, is presented as a measure aimed at facilitating recovery in toxic tort cases, but the legislation raises significant due process and dormant commerce clause issues, say attorneys at Alston & Bird.
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Rebuttal
BigLaw Settlements Should Not Spur Ethics Deregulation
A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project.
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Environmental Justice Is Alive And Well At The State Level
Even as the Trump administration has rolled back federal environmental justice policies, many states continue to prioritize it, with new regulations, strengthened enforcement of existing rules and ongoing private litigation — so companies must stay alert to how state-level EJ enforcement may affect their operations, say attorneys at Crowell & Moring.
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5 Ways Lawyers Can Earn Back The Public's Trust
Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law.
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Legal Jeopardy Looms Over Trump's Trade Negotiation Plans
Even as the Trump administration announces one trade deal after another, the legal authority of the executive branch to impose tariffs under consensual arrangements with leading trading partners is just as debatable as the unilateral imposition of U.S. tariffs under the president's executive orders, says Jeffrey Bialos at Eversheds Sutherland.
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Series
Hiking Makes Me A Better Lawyer
On the trail, I have thought often about the parallels between hiking and high-stakes patent litigation, and why strategizing, preparation, perseverance and joy are important skills for success in both endeavors, says Barbara Fiacco at Foley Hoag.
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ICJ Climate Opinion Raises Cos.' Legal, Compliance Risks
The International Court of Justice's recent advisory opinion on governments' climate change obligations could have important consequences for the regulated community — including a more complex compliance landscape, heightened legal risks for carbon-intensive activities, and renewed market and investor focus on climate issues, says J. Michael Showalter at ArentFox Schiff.
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Series
Law School's Missed Lessons: Negotiation Skills
I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, where I've discovered that the process is less about tricks or tactics, and more about clarity, preparation and communication, says Grant Schrantz at Haug Barron.
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ESG-Focused Activism Persists Despite Proxy Curbs
Shareholder activism focused on environmental, social and governance factors appears poised to continue, despite the U.S. Securities and Exchange Commission's recent move toward exclusions in proxy voting proposals around ESG, say attorneys at Mintz.
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Opinion
Bar Exam Reform Must Expand Beyond A Single Updated Test
Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.
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A Simple Way Courts Can Help Attys Avoid AI Hallucinations
As attorneys increasingly rely on generative artificial intelligence for legal research, courts should consider expanding online quality control programs to flag potential hallucinations — permitting counsel to correct mistakes and sparing judges the burden of imposing sanctions, say attorneys at Lankler Siffert & Wohl and Connors.
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Opinion
SEC Should Restore Its 2020 Proxy Adviser Rule
Due to concerns over proxy advisers' accuracy, reliability and transparency, the U.S. Securities and Exchange Commission should reinstate its 2020 rule designed to suppress the influence that they wield in shareholder voting, says Kyle Isakower at the American Council for Capital Formation.