Power plant owners should be required to winterize their facilities in order to avoid a repeat of the widespread, deadly blackouts in Texas caused by Winter Storm Uri, federal grid regulators said Thursday.
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Friday, September 24, 2021 Follow Energy Law360

TOP NEWS

FERC Puts New Grid Regs On Table After Texas Blackouts

Power plant owners should be required to winterize their facilities in order to avoid a repeat of the widespread, deadly blackouts in Texas caused by Winter Storm Uri, federal grid regulators said Thursday.

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Analysis

SEC Letter Raises Climate Reporting Bar Before Rules Drop

The U.S. Securities and Exchange Commission has begun rolling out letters nudging public companies to bolster their disclosures related to climate-related risks in SEC filings, an apparent effort to set a higher bar for business in anticipation of the agency's long-awaited rulemaking on the matter.

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White House, EPA Tout Ambitious Plans To Reduce HFCs

The U.S. Environmental Protection Agency on Thursday will finalize a rule designed to help reduce the production and consumption of hydrofluorocarbons in the U.S. by 85% over the next 15 years.

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FTC Probing HollyFrontier's $2.5B Energy Biz Buys

Petroleum company HollyFrontier Corp. and its Holly Energy Partners LP unit disclosed Wednesday that the Federal Trade Commission has initiated an in-depth investigation into their plans to buy oil and pipeline businesses from The Sinclair Cos. in a pair of deals valued at about $2.5 billion.

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Big Oil Aims To Pause Remand In Hoboken's Climate Suit

Big Oil companies and the American Petroleum Institute want a New Jersey federal court to pump the brakes on its order remanding the city of Hoboken's suit seeking climate change costs to state court to allow for a Third Circuit appeal.

Motion attached | Read full article »

PETROLEUM

Texas Law Firm Wants Claims Against Insurer Reheard

Ryan Law Firm LLP says a Texas federal court erred when tossing bad faith claims it brought against an insurer for failing to cover a legal malpractice settlement, telling the court the decision dismissed a claim that wasn't even contested.

Motion attached | Read full article »

UTILITIES & POWER

Calif. Tells 9th Circ. Federal Dam Not Allowed To Hurt Trout

California has asked the Ninth Circuit to revive a suit aimed at securing more water releases from a dam near Santa Maria for a protected trout's benefit, telling the court in an amicus brief that the dam's authorization doesn't just allow for species conservation, it requires it.

Brief attached | Read full article »

RENEWABLES

Biogas Producer Pays $1.1M To Settle Excess Flaring Suit

A biogas producer in Nebraska on Thursday agreed to pay $1.1 million in civil penalties to put to rest allegations that it violated the Clean Air Act and other environmental laws by unlawfully releasing gas from the facility.

2 documents attached | Read full article »

V&E Steers Climate-Focused Blank-Check Firm's $200M IPO

Private-equity-backed blank-check firm Live Oak Crestview Climate Acquisition Corp. went public Thursday after pricing a $200 million initial public offering, steered by Vinson & Elkins LLP and underwriters counsel White & Case LLP, hoping to acquire a sustainability-focused business.

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METALS & MINING

Trade Court Orders Redo On Korean Steel Tariffs

The U.S. Court of International Trade ordered the U.S. Department of Commerce to recalculate anti-dumping tariffs on Korean steel pipes and tubes, saying Thursday the department bungled the calculations by finding that a "particular market situation" called for higher tariffs.

Opinion attached | Read full article »

PEOPLE

Amid Hiring Boom, McDermott Adds 6 Transactions Partners

McDermott Will & Emery LLP continues to grow its transactions group across the United States, announcing Thursday a six-lawyer partner pickup in several major cities.

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EXPERT ANALYSIS

The Difficult Art Of Advertising Carbon Reductions

Advertising carbon emission reductions allows businesses to show their commitment to addressing climate change, but such claims can open companies to legal risk — so it is crucial to accurately quantify the emissions, and verify carbon offsets before purchasing them, say Linda Goldstein and Randal Shaheen at BakerHostetler.

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LEGAL INDUSTRY

Ex-Dechert Atty Defends His 'Professional' Probe For ENRC

Neil Gerrard's "dogged" efforts to probe serious allegations of fraud within Eurasian Natural Resources Corp. reflects his professionalism and determination to do his job despite stubborn resistance from the mining company, counsel for the former Dechert partner told a trial Friday.

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Beltway Moves: T-Mobile, DLA Piper, Mayer Brown

There was no shortage of moves in the Washington, D.C., legal scene in the latter weeks of September. Lawyers formerly with the U.S. Department of Justice and the U.S. Environmental Protection Agency landed at Jones Day and Covington & Burling LLP, respectively.

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JOBS
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Law360 MVPs 2021

COMPANIES

American Chemistry Council Inc.

American Petroleum Institute Inc.

BBB National Programs Inc.

BP PLC

Chevron Corp.

ConocoPhillips Co.

Cornell University

Crestview Partners L.P.

Dimensional Fund Advisors LP

Dominion Energy Inc.

Duke Energy Corp.

Electric Reliability Council of Texas Inc.

Energizer Holdings Inc.

Freddie Mac

Holly Energy Partners, L.P.

HollyFrontier Corp.

Jefferies Financial Group Inc.

LinkedIn Corp.

MasterCard Inc.

National Association of Manufacturers

North American Electric Reliability Corp.

Nucor Corp.

Occidental Petroleum Corp.

Phillips 66

PolyPid Ltd.

Royal Dutch Shell PLC

T-Mobile US Inc.

The Finish Line Inc.

The Southern Co. Inc.

U.S. Chamber of Commerce

Zekelman Industries Inc.

LAW FIRMS

Akin Gump

Baker McKenzie

BakerHostetler

Blackstone Chambers

Bracewell LLP

Brick Court Chambers

Bryan Cave Leighton Paisner

Cain & Skarnulis

Cleary Gottlieb

Cloth Fair Chambers

Clyde & Co

Covington & Burling

DLA Piper

Davis Polk

Dechert

Elliott & Smith

Emery Celli

Erskine Chambers

Essex Court Chambers

Foley & Lardner

Gibson Dunn

Goodwin Procter

Haynes & Boone

Hogan Lovells

Jenner & Block

Jones Day

Kilpatrick Townsend

Kirkland & Ellis

Mayer Brown

McDermott Will

Morgan Lewis

Morris Nichols

Morrison & Foerster

O'Melveny & Myers

One Essex Court

Paul Weiss

Reed Smith

Seward & Kissel

Stradley Ronon

Sullivan & Worcester

Sycamore Law

Three Raymond Buildings

Vinson & Elkins

Wachtell Lipton

White & Case

Wiley Rein

GOVERNMENT AGENCIES

Bureau of Reclamation

Commodity Futures Trading Commission

Executive Office of the President

Federal Deposit Insurance Corp.

Federal Energy Regulatory Commission

Federal Trade Commission

Nebraska Attorney General's Office

Nebraska Department of Environmental Quality

Occupational Safety and Health Review Commission

Office of the Comptroller of the Currency

Serious Fraud Office

Texas Supreme Court

U.S. Court of Appeals for the Ninth Circuit

U.S. Department of Commerce

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the District of Nebraska

U.S. District Court for the District of New Jersey

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

U.S. Environmental Protection Agency

U.S. Securities and Exchange Commission

U.S. Supreme Court