U.S. oil and gas companies will need significant legal and regulatory assurances that any new investment in Venezuela will be shielded from political instability before heeding President Donald Trump's call to fortify the country's floundering oil and gas industry.
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WEDNESDAY, JANUARY 7, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Analysis

US Removal Of Maduro Won't Curb Energy Cos.' Caution

By Keith Goldberg

U.S. oil and gas companies will need significant legal and regulatory assurances that any new investment in Venezuela will be shielded from political instability before heeding President Donald Trump's call to fortify the country's floundering oil and gas industry.

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Feds Sue Calif. Cities To Extinguish Natural Gas Bans

By Lauren Berg

The Trump administration is going after two cities in California over building codes that ban natural gas infrastructure in newly constructed buildings, alleging in a lawsuit Monday that these local rules "impose crushing costs" on Californians and run afoul of federal law.

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Calif. Locomotive Emissions Rule Repeal Ends Industry Suit

By Linda Chiem

A California federal judge on Tuesday dismissed a legal challenge from rail industry groups to a since-repealed regulation that would've required railroads to transition to zero-emission locomotives in the Golden State, closing the book on the dispute after the parties agreed to drop the case.

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Wilcox Asks DC Circ. To Protect NLRB's Independence

By Emily Brill

The D.C. Circuit should reverse a decision by two of its judges that would end the National Labor Relations Board's independence if allowed to stand, former board member Gwynne Wilcox argued, seeking to nix a ruling that lets President Donald Trump remove and replace NLRB members at will.

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POLICY & REGULATION

US Imposes Triple-Digit Duties On Indian, German Hexamine

By Dylan Moroses

Imported hexamine from certain producers in India and Germany faces triple-digit antidumping duties after the Commerce Department finalized a determination late last year that those goods were sold at less than fair value, according to a notice issued Tuesday.

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GAO IDs 4 Funding Programs As Lacking Fraud Controls

By Madeline Lyskawa

The U.S. Government Accountability Office has identified four federal agency funding programs as having failed to incorporate certain key requirements and leading practices meant to oversee and prevent fraud, waste and abuse in awards. 

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ENFORCEMENT

Coal Exec Ordered To Disclose Evidence For Bribery Trial

By Matthew Santoni

A former coal executive charged with bribing Egyptian officials must tell prosecutors what, if any, evidence he intends to use for his upcoming Foreign Corrupt Practices Act trial, a federal judge ruled Tuesday.

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OIL AND GAS

Spain Fights Bid To Seize Assets Over €101M Energy Award

By Joyce Hanson

Spain has opposed a bid by two renewable-energy companies for a D.C. federal court order allowing them to seize Spanish assets in other U.S. jurisdictions to enforce a confirmed €101 million ($118 million) arbitral award.

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UTILITIES AND POWER

Rick Perry's AI Energy Co. Hit With Post-IPO Lawsuit

By Jessica Corso

An artificial intelligence infrastructure company co-founded by former Texas Gov. Rick Perry is facing a proposed class action accusing it of overselling its key development in order to secure $745.7 million through an initial public offering.

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NUCLEAR

6th Circ. Backs Nuclear Plant In Fired Worker's ADA Suit

By Grace Elletson

The Sixth Circuit upheld the dismissal of a suit from a former nuclear power plant worker who claimed he was fired for seeking fewer night shifts to manage his diabetes, saying he failed to discredit the company's position that he was fired for falsifying his time sheets.

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EXPERT ANALYSIS

US Sanctions Targeting Russia's Oil Giants Heighten Biz Risks

Businesses operating in the energy sector, both in and outside the U.S., should review their operations for any links to Russian oil companies and their subsidiaries recently targeted by U.S. sanctions, to avoid unexpected reputational and financial risk, and even secondary sanctions, say authors at Blank Rome.

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Justices' Separation-Of-Powers Revamp May Hit States Next

The U.S. Supreme Court's 2024 decision in U.S. Securities and Exchange Commission v. Jarkesy quietly laid the groundwork for an expansion of the court's separation-of-powers agenda beyond the federal level, but regulated parties and state and local governments alike can act now to anticipate Jarkesy's eventual wider application, say attorneys at Troutman.

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LEGAL INDUSTRY

Jurisdiction Questioned In NY Fried Frank Data Breach Suit

By Emily Sawicki

A New York federal judge is threatening to toss a proposed class action data security suit against Fried Frank Harris Shriver & Jacobson LLP over a data breach involving private equity funds maintained by firm client Goldman Sachs, unless plaintiffs properly plead that the Manhattan court has jurisdiction.

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K&L Gates Elevates 26 To Partner Across 17 Offices

By Andrea Keckley

K&L Gates LLP unveiled a partner class nearly as large as the previous year's on Tuesday, elevating 26 attorneys across 17 offices.

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DOJ Nominee Says He'll Work Within Blue-Slip 'Parameters'

By Courtney Bublé

A nominee for a top U.S. Department of Justice position that handles judicial nominees appeared to give a nod to the Senate's blue-slip process, despite President Donald Trump's vocal opposition to the tradition.

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McGlinchey Stafford To Close After 51 Years

By Emma Cueto

New Orleans-based firm McGlinchey Stafford PLLC announced Tuesday that it has decided to wind down operations after over half a century, citing difficult market conditions and unspecified "internal circumstances."

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Objector To PACER Overcharge Settlement Faces Uphill Battle

By Emily Sawicki

An objector to a $125 million settlement to end class claims alleging the federal government overcharged nonprofits and other lawyers to access court documents faced a skeptical Federal Circuit panel Wednesday, with judges indicating they had not found legal errors in the district court's approval of the deal.

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Cruz Tells House Speaker To Move On Judicial Impeachments

By Courtney Bublé

Ahead of a hearing on impeachment of "rogue judges" on Wednesday, Sen. Ted Cruz, R-Texas, increased pressure on House Speaker Mike Johnson, R-La., to advance impeachment proceedings against federal judges in D.C. and Maryland.

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Law Firms Step Up To Navigate Biz Opportunities In Venezuela

By Lynn LaRowe and Adrian Cruz

Law firms are gearing up to assist clients exploring potential business opportunities in Venezuela following President Donald Trump's announcement that the U.S. would "run" the country for the time being after the arrest of former Venezuelan President Nicolás Maduro on narco-conspiracy charges.

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COMPANIES IN TODAY'S NEWS

AT&T Inc.

Achmea BV

American Short Line and Regional Railroad Association

Association of American Railroads

Business Insider Inc.

Chevron Corp.

ConocoPhillips

Energy Harbor Corp.

Exxon Mobil Corp.

FirstEnergy Corp.

Fort Point Capital

International Centre for Settlement of Investment Disputes

Micro Labs Ltd.

Nasdaq Inc.

National Veterans Legal Services Program

OAO Lukoil

Philo Inc.

T-Mobile US Inc.

The Goldman Sachs Group Inc.

University of Dundee

Verizon Communications Inc.

LAW FIRMS IN TODAY'S NEWS

Baker Botts

Baker McKenzie

Blank Rome

Dann Law Firm

Dentons

Fried Frank

Gibson Dunn

Goodwin Procter

Gupta Wessler

Hinshaw & Culbertson

Holland & Knight

K&L Gates

Lacy Price

Manatt Phelps

McGlinchey Stafford

Motley Rice

Roetzel & Andress

Schwartz White

Sidley Austin

Thorman Petrov

Troutman

Winston & Strawn

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Industry and Security

California Air Resources Board

California Attorney General's Office

Council of the EU

European Commission

European Union

Federal Communications Commission

Federal Trade Commission

Humboldt County, California

International Trade Administration

National Labor Relations Board

New Jersey Attorney General's Office

Nuclear Regulatory Commission

Occupational Safety and Health Review Commission

Office of Foreign Assets Control

U.S. Attorney's Office for the Western District of Pennsylvania

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Court of Appeals for the Sixth Circuit

U.S. Department of Commerce

U.S. Department of Energy

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the District of Columbia

U.S. District Court for the District of Maryland

U.S. District Court for the Eastern District of California

U.S. District Court for the Northern District of California

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Pennsylvania

U.S. Environmental Protection Agency

U.S. Government Accountability Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

U.S. Tax Court

US Office of Management and Budget