A New York federal judge axed CVR Energy Inc.’s malpractice suit against Wachtell Lipton Rosen & Katz on Wednesday and said the oil company’s request to retool its complaint “blatantly disregards” an earlier order that limited the scope of revisions CVR was already allowed to make.
The New Jersey Department of Environmental Protection has declined to issue the state permits PennEast LLC needs to proceed with its planned $1 billion pipeline, Gov. Phil Murphy said Friday in a Twitter post highlighting the latest setback for the closely watched project.
The Fourth Circuit on Friday blocked the U.S. Fish and Wildlife Service's authorization for the Mountain Valley gas pipeline amid a legal challenge, and stayed the case until January to allow the agency to finish consulting with the Federal Energy Regulatory Commission on the project's impacts.
A Houston-based company that buys and sells fuel has filed a lawsuit against a former business partner whose CEO styles himself as "the $40 Billion Man," alleging the partner company is actually operating a Ponzi scheme.
The federal government and a mining company cannot dodge claims that the approval of a proposed copper and silver mine in Montana violated the Endangered Species Act because regulators improperly analyzed the project's impact on bull trout and grizzly bears.
In this week's Taxation With Representation, Hess Midstream Partners buys Hess Infrastructure Partners for $6.2 billion, UCB acquires biotech company Ra Pharma for $2.1 billion, and a Shiseido subsidiary makes a $845 million deal for a skincare line.
CNX Gas Co. LLC agreed to post a roughly $1.5 million bond and work to plug and restore more than 140 abandoned well sites across four counties in Pennsylvania, the state's Department of Environmental Protection said Friday.
Developers of the $5 billion Mountain Valley gas pipeline will pay a $2.15 million civil penalty to resolve allegations it violated Virginia environmental laws and its Clean Water Act permit during construction of the project, the Virginia Attorney General's Office said Friday.
A Chesapeake Energy Corp. unit has told a federal court it cannot be held responsible for earthquake-related damage alleged by scores of Oklahoma residents who are suing it and a slew of other oil and gas companies in a proposed class action.
An oil and gas official accused of fundraising for a visa fraud scheme that targeted Chinese citizens interested in obtaining an EB-5 investor visa will pay $527,000 under an agreement with the U.S. Securities and Exchange Commission.
Philadelphia's sprawling PES Holdings LLC refinery filed a three-option Chapter 11 plan in Delaware late Thursday, with leeway for an equity restructuring, sale or auction of the 1,300-acre complex, blasted by a June explosion into its second bankruptcy in less than two years.
A group of employees terminated by steel mill operator Bayou Steel BD Holdings LLC shortly before it filed for Chapter 11 protection have asked a Delaware judge to transfer the bankruptcy cases to Louisiana, arguing the company has no real connections to the First State.
The past week has seen asset manager BlueCrest drag a U.S. hedge fund into court following its expansion into the U.K., a City watchdog sue a Panamanian connected to an illegal land sale scheme and a Hong Kong food distributor file suit against shipping giant MSC. Here, Law360 looks at those and other new claims in the U.K.
A former Miami financial adviser pled guilty Friday on the eve of a trial in a federal criminal case claiming he violated the Foreign Corrupt Practices Act by funneling millions to Ecuadorian oil officials to secure contracts for a private company.
A council of Minnesota tribes has demanded that the federal government expand the Prairie Island Community’s land to include territory that isn't imperiled by nearby nuclear waste storage and from persistent flooding created by a federal dam project.
Vinson & Elkins' Lande Spottswood has built a career working on some of the most sophisticated transactions for major players in the energy sector, including representing Energy Transfer Partners in its $60 billion merger with Energy Transfer Equity, earning her a spot as one of five energy law practitioners under age 40 honored by Law360 as Rising Stars.
Two federal agencies, Textron Inc., and Whittaker Corp. agreed to a $125 million cleanup effort at a Superfund site in Concord, Massachusetts, that was once home to a manufacturing facility licensed to use radioactive substances, the U.S. Environmental Protection Agency announced Thursday.
President Donald Trump's executive orders aimed at curtailing federal agencies' use of informal guidance in policymaking could prevent agencies like the U.S. Environmental Protection Agency and Department of Energy from reacting quickly to industry problems.
The Trump administration's bid to help businesses by putting an end to "secret" rulemaking might backfire, some experts said Thursday, because it could put a damper on advice that industry relies on to comply with federal regulations.
The U.S. Department of Energy can no longer refuse to publish Obama-era energy conservation standards for household and industrial appliances, the Ninth Circuit said Thursday.
A coal magnate and other defendants in litigation filed by several Brazilian iron companies to enforce a $48 million arbitral award were unable to convince a New York judge on Wednesday to set aside a discovery order issued under an exception to the attorney-client privilege.
The NAACP can proceed with its Fair Housing Act suit alleging that a Georgia city's utility policies have disproportionately discriminated against African Americans and Latinos, the Eleventh Circuit ruled Thursday.
Callon Petroleum Co. investors launched a Chancery Court suit late Wednesday over a proposed $3.2 billion all-stock acquisition of Carrizo Oil & Gas Inc., accusing Callon of failing to disclose financial adviser J.P. Morgan Securities LLC's potential gains from work on an associated $2.5 billion financing.
The U.S. Army Corps of Engineers on Wednesday asked a D.C. federal judge to grant the agency a win in four Native American tribes' challenge to the Dakota Access pipeline, arguing it sufficiently consulted the tribes and performed the environmental review that the court demanded.
Online food and goods delivery startup Postmates is postponing plans for a more than $2 billion initial public offering because of market conditions, Exxon is considering a sale of $3 billion worth of Malaysian offshore assets, and private equity-backed Armacell could sell for up to $1.65 billion. Here, Law360 breaks down these and other deal rumors from the past week.
While artificial intelligence has already revolutionized the e-discovery field, the development of emotionally intelligent AI promises to explore data in an even more nuanced and human way, thereby further reducing the burden on legal teams, say Lisa Prowse and Brian Schrader at e-discovery services provider BIA.
A Virginia federal court's recent decision in Southern Appalachian Mountain Stewards v. Red River Coal Co., clearing the defendant of liability for certain nonpermitted discharges, raises an issue relevant to any business operating in a highly regulated space: reliance on government regulators as a defense to civil liability, says Mitchell Morris of Butler Snow.
Although most lawyers are well-prepared to defend or justify the value of an insurance claim for clients, often law firms have not clearly identified their own potential liabilities, planned for adequate insurance or established prudent internal risk management practices, says Victor Sordillo at Sompo International.
While the Commonwealth Court of Pennsylvania’s decision in Marcellus Shale Coalition v. Pennsylvania Department of Environmental Protection upheld state agencies’ authority to promulgate oil and gas drilling rules, the decision made clear that the rules themselves are not immune from judicial scrutiny, says Michael Aceto of Goldberg Segalla.
With lateral transfers between law firms on the rise, it is more important than ever for partners to understand the steps they must take to adhere to ethics rules and other requirements when making a transition, say attorneys at Harris Wiltshire.
The U.S. Department of Energy asserts that its recent withdrawal of energy efficiency targets for light bulbs has not triggered a statutory “backstop” efficiency standard, but its actions will likely prompt litigation by consumer and environmental groups, and implementation of stricter standards by some states, say Daniel Eisenberg and Jack Zietman of Beveridge & Diamond.
The Federal Energy Regulatory Commission recently proposed major modifications to its regulations concerning the Public Utility Regulatory Policies Act, which could significantly affect the ability of renewable power facilities to require electric utilities to purchase their output — and the price that utilities will have pay for that output, say attorneys at Reed Smith.
Cybersecurity is a key risk factor in mergers and acquisitions generally, but executives and directors contemplating an acquisition in the oil and gas sector must note the industry's unique cybersecurity challenges in order to properly assess transaction risks and value target companies, say attorneys at Skadden.
A recently enacted California law that sets aside $21 billion to cover future wildfire damage claims and incentivizes safer electric utility infrastructure represents a successful attempt to balance competing interests, while putting wildfire claims funding on a firmer footing, says Allan Marks of Milbank.
U.S. Environmental Protection Agency Administrator Andrew Wheeler criticized California's poor air quality when he withdrew the state's waiver to regulate vehicle emissions more stringently than the EPA. But California's air pollution problem was precisely the reason Congress provided for such waivers in the first place, says Seth Jaffe of Foley Hoag.
By employing tactical empathy techniques to understand the interests behind the positions taken by others, attorneys can gain the upper hand in deal negotiations and litigation while still promoting and preserving long-term relationships with opponents, judges and others, say Shermin Kruse of TEDxYouth@Wrigleyville and Ursula Taylor of Strategic Health.
Law firms are beginning to recognize implicit bias as a problem. But too few recognize that it is also an opportunity to broaden our thinking and become better legal problem solvers, says Daniel Karon of Karon LLC.
The Democratic primary debates and a proliferation of bills in Congress make it clear that carbon pricing will be a significant issue in the 2020 U.S. elections — and a host of international pilot programs for carbon emissions credit trading suggest even more interest in the subject abroad, say attorneys with Beveridge & Diamond.
U.S. Supreme Court Justice Neil Gorsuch's new book "A Republic, If You Can Keep It" offers hope for our constitutional system through stories of American greatness, and sheds much-needed light on originalism for skeptics, says Sixth Circuit Judge Amul Thapar.
Even as the Transportation Climate Initiative, a carbon pricing scheme in the Northeast, has gained momentum, recent developments in Virginia, Washington, Oregon and California have created obstacles for domestic carbon markets, say attorneys at Beveridge & Diamond.