The looming July cutoff to maintain eligibility for clean electricity investment and production tax credits is sparking a dealmaking spree as smaller developers who are unable to meet the deadline begin looking to sell projects to deeper-pocketed players who can.
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THURSDAY, MARCH 26, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Analysis

Tax-Credit Cliff Sparks M&A Rush For Clean Energy

By Keith Goldberg

The looming July cutoff to maintain eligibility for clean electricity investment and production tax credits is sparking a dealmaking spree as smaller developers who are unable to meet the deadline begin looking to sell projects to deeper-pocketed players who can.

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Truck Makers Say Calif. Can't Ditch 'Clean Trucks' Pact Suit

By Linda Chiem

Heavy-duty truck manufacturers have told a California federal judge that state officials cannot be allowed to circumvent federal law and saddle manufacturers with stringent emissions standards and stiff penalties for noncompliance, saying the Golden State's regulations are unequivocally preempted.

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3 Canadian Law Firms Steer $6.5B Boralex PE Buyout

By Al Barbarino

Brookfield Asset Management and La Caisse have agreed to acquire all of Boralex Inc.'s outstanding shares in a deal that gives the Canadian renewable power producer an enterprise value of CA$9 billion, or about $6.5 billion, according to a deal announcement Wednesday. 

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ENFORCEMENT

DOE Worker Who Took Buyout Admits To Attempted Bribery

By Julie Manganis

An ex-U.S. Department of Energy employee who accepted the Trump administration's "fork in the road" deferred resignation offer last year pled guilty Wednesday to trying to bribe a former co-worker to steer contracts to his new company, federal prosecutors announced.

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OIL AND GAS

Ukraine Cos. Say Russia's High Court Bid Can't Stall Awards

By Joyce Hanson

Ukrainian energy and gas companies have urged the D.C. Circuit to remand to district court their lawsuits seeking to enforce $242 million in arbitral awards against Russia, despite the country's pending petition before the U.S. Supreme Court that asks it to resolve a circuit split.

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UTILITIES AND POWER

Ex-Nikola CEOs Can't Get Bankruptcy Pause For Investor Suit

By Emilie Ruscoe

Former CEOs of bankrupt electric-truck maker Nikola Corp. can't hit pause on proposed investor class action claims they face while related claims against the company are stayed amid its bankruptcy proceedings, an Arizona federal judge has determined.

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ELECTRIC VEHICLES

EV Co. Investors Get Final OK Of $13.3M Deal, Atty Fees

By Emilie Ruscoe

Investors in bankrupt electric vehicle company Arrival have gotten final approval for their nearly $13.3 million deal ending claims the company touted a purportedly profitable business plan as it went public via merger with a special purpose acquisition company only to scale back its projections within a year of the merger announcement.

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MINING

Groups Say Miner, Nonprofit Forum Shop In Chuckwalla Suit

By Crystal Owens

A group of California tribes and conservation nonprofits is accusing a Michigan miner and the BlueRibbon Coalition of venue shopping in their challenge to the establishment of the Chuckwalla National Monument, arguing that the case should be transferred to a district "with an actual stake in the suit."

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PEOPLE

Ashurst Adds 4 Ex-Bracewell Partners To Finance Practice

By Daniel Moritz-Rabson

Ashurst LLP has announced the addition of a four-partner team in New York to expand its finance and restructuring capacities ahead of a proposed merger with Perkins Coie LLP.

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FBT Gibbons Lands Public Finance Pros From BigLaw Firms

By Madison Arnold

FBT Gibbons LLP has added two public finance partners, one from Bracewell LLP in Houston and another from Barnes & Thornburg LLP in Columbus, Ohio.

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EXPERT ANALYSIS

How Iran War Might Reshape Proxy Contests This Year

The Iran war may function as a short-term poison pill for proxy contests, not because it strengthens corporate defenses, but because it increases the risks associated with activist commitments, say attorneys at Sidley.

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What 2nd Circ. Discovery Stay Means For Sovereign Litigation

The Second Circuit’s recent stay of a postjudgment discovery order against Argentine officials in an oil investment dispute is worth examining in its full doctrinal and practical context, as limiting enforcement efforts that pry into foreign governments' internal workings could quietly reshape the trajectory of sovereign litigation in the U.S., says Josep Galvez at 4-5 Gray's Inn.

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LEGAL INDUSTRY

Law Firm Ransomware Attacks On Rise, Report Says

By Allison Grande

Cyberattacks targeting law firms jumped in 2025, according to a new BakerHostetler report, which also highlighted recent spikes across a wide range of sectors in ransomware payments and class action lawsuits stemming from these incidents. 

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Warren Grills Fed's Ex-BigLaw Supervision Chief On Conflicts

By Lauren Berg

Sen. Elizabeth Warren, D-Mass., on Wednesday asked former Davis Polk & Wardwell LLP veteran Randall Guynn, a recent addition to the Federal Reserve, to explain how he is dealing with potential conflicts of interest stemming from his previous role chairing the BigLaw firm's financial institutions group.

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Winston & Strawn Wants Hunter Biden To Respond In Fee Row

By Lynn LaRowe

Winston & Strawn LLP has asked the D.C. Superior Court to force Hunter Biden to fully respond to interrogatories in its lawsuit against the former president's son over unpaid legal bills, after Biden conducted an incomplete "hand search" of documents at issue.

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MyPillow CEO's Attys Face New Sanctions Over Latest Errors

By Lauren Berg

Two attorneys for MyPillow CEO Mike Lindell and his media company are in hot water once again as a Colorado federal judge on Wednesday ordered them to explain why they shouldn't be sanctioned for citation errors, after she previously sanctioned them for errors produced by generative artificial intelligence.

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Fla. Appeals Panel Turns Poetic In Warning About AI Misuse

By Madison Arnold

A Florida state appeals court on Wednesday admonished a pro se litigant for using AI-hallucinated case citations in his ultimately unsuccessful appeal of a lower court ruling enforcing a settlement agreement with an investment company, with the panel citing an AI-generated limerick to get its point across.

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Ramey, EscapeX Ask Justices To Review Sanctions Challenge

By Adam Lidgett

EscapeX IP and its attorney William Ramey III want the U.S. Supreme Court to review the Federal Circuit's decision backing $255,000 in fees and sanctions for what a California federal judge found to be a frivolous patent suit against Google.

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Analysis

ICE Builds Out Detention Centers, And The Suits Pile Up

By Grace Dixon

U.S. Immigration and Customs Enforcement's surging need for detention space — fueled by increased funding and a rapid escalation in enforcement activity — has sparked litigation from local lawmakers and advocacy groups concerned by the agency's full-throttle approach and perceived disregard for surrounding communities.

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Trade Court Nom Regrets Past Tweets Critical Of GOP Sens.

By Courtney Bublé

Kara Westercamp, associate counsel to the president, who was nominated for the U.S. Court of International Trade, said Wednesday she regretted her past social media posts critical of Republican senators.

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Official Says DOJ Watching Essential Patent Antitrust Cases

By Ryan Davis

A U.S. Department of Justice Antitrust Division official said Wednesday the agency is closely monitoring antitrust disputes over standard essential patents, aiming to ensure that proper analyses of market power are undertaken and that most patent suits are exempted from causing antitrust liability.

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DOJ Agrees To Settle Flynn's Fla. Suit Over False Prosecution

By David Minsky

Retired Army general Michael Flynn reached a financial settlement with the U.S. Department of Justice on Wednesday in his Florida federal lawsuit claiming he was wrongly prosecuted for allegedly lying to the FBI during its investigation into whether Donald Trump coordinated with Russia during the 2016 election.

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Promo that reads 2025 Practice Groups of the Year

COMPANIES IN TODAY'S NEWS

AB Volvo

American Civil Liberties Union

Apple Inc.

Ares Management Corp.

Bank of America Corp.

Block Inc.

Boralex Inc.

Brookfield Asset Management Ltd.

Caisse de Depot et placement du Quebec

Cargill Inc.

Center for Biological Diversity Inc.

Center for Strategic and International Studies

Citigroup Inc.

Credit Agricole SA

Daimler Truck Holding AG

Diamond Offshore Drilling Inc.

Early Warning Services LLC

Earthjustice

Elliott Investment Management LP

George Washington University

Google LLC

Greif Inc.

Harvard University

InterDigital Inc.

International Centre for Settlement of Investment Disputes

JPMorgan Chase & Co.

Kinetik Holdings Inc.

LinkedIn Corp.

Major League Baseball Inc.

McDermott International

Morgan Stanley

National Parks Conservation Association

Native American Rights Fund Inc.

Netlist Inc.

New York University

NextEra Energy Inc.

Nikola Corp.

Ohio State University

Phillips 66

Samsung Electronics Co. Ltd.

Saudi Arabian Oil Co.

Sierra Club

Sirius XM Radio Inc.

State Bar of Wisconsin

SunEdison LLC

TMX Group Ltd.

Targa Resources Corp.

Texas Public Policy Foundation

The Bank of New York Mellon Corp.

The Goldman Sachs Group Inc.

The Wilderness Society

Twitter Inc.

Venoco, Inc.

Vertex Energy Inc.

Virginia State Bar

Walmart Inc.

Wells Fargo & Co.

YPF SA

YouTube Inc.

LAW FIRMS IN TODAY'S NEWS

4 5 Gray's Inn Square

A&O Shearman

Ashurst LLP

Baker & Hostetler

Barnes & Thornburg

Binnall Law Group

Bracewell LLP

Brad Bailey Law

Butler Snow LLP

Cain & Skarnulis

Clifford Chance

Coburn & Greenbaum

Covington & Burling

Curtis Mallet-Prevost

Davies Ward

Davis Polk

FBT Gibbons

Foley Hoag

Gibson Dunn

Hughes Hubbard

Husch Blackwell

Illovsky Gates

King & Wood Mallesons

Latham & Watkins

Levi & Korsinsky

McCarthy Tetrault

McDermott Will & Schulte

Nelson Mullins

Norton Rose

Paul Weiss

Perkins Coie

Ramey LLP

Rosen Law Firm PA

Schwed Kahle

Sidley Austin

Skadden Arps

Stikeman Elliott

Troutman

Weil Gotshal

Wilenchik & Bartness

Winston & Strawn

Zwillinger Wulkan

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Land Management

California Air Resources Board

Chemehuevi Indian Tribe

Colorado River Indian Tribes

Defense Intelligence Agency

Federal Bureau of Investigation

Federal Reserve System

Federal Trade Commission

Internal Revenue Service

International Trade Commission

Maryland Attorney General's Office

Morongo Band of Mission Indians

National Security Agency

Ohio House of Representatives

State of Maryland

State of Michigan

Torres Martinez Desert Cahuilla Indians

U.S. Attorney's Office for the District of Massachusetts

U.S. Attorney's Office for the Eastern District of California

U.S. Coast Guard

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

U.S. Court of Appeals for the Eleventh Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Energy

U.S. Department of Health and Human Services

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of the Interior

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

U.S. District Court for the District of Arizona

U.S. District Court for the District of Columbia

U.S. District Court for the District of Maryland

U.S. District Court for the District of Massachusetts

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

U.S. District Court for the District of Oregon

U.S. District Court for the District of South Carolina

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

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

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

U.S. District Court for the Middle District of Florida

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

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

U.S. Environmental Protection Agency

U.S. Immigration and Customs Enforcement

U.S. Patent and Trademark Office

U.S. Senate

U.S. Supreme Court

United States District Court for the District of Colorado

United States District Court for the District of Montana

United States District Court for the District of the Virgin Islands