A former Credit Suisse managing director on Friday admitted to his role in a bribery and investor fraud scheme involving $2 billion in loans to state-backed companies in Mozambique, telling a New York federal judge he conspired to defraud those who invested in the debt.
New Hampshire state regulators were within their authority to reject Eversource Energy's proposal for the primary portion of a $1.6 billion power line project intended to ship Canadian hydroelectricity to Massachusetts, the state's Supreme Court held Friday.
Here, Law360 takes a look at some of the biggest environmental cases to watch in the second half of 2019, including U.S. Supreme Court appeals based on Superfund and Clean Water Act issues and a challenge to President Donald Trump's authority to shrink national monuments designed by his predecessor.
A California federal judge struggled to see how an antitrust injury resulted from the National Football League allowing the Raiders team to move from Oakland to Las Vegas, but nonetheless granted on Friday the City of Oakland an opportunity to amend its complaint.
North Dakota hit the U.S. government with a suit in federal court, claiming the U.S. Army Corps of Engineers owes the state $38 million for failing to contain protests against the Dakota Access Pipeline.
The U.K.'s Competition Appeal Tribunal handed a win to auditor Achilles Information Ltd. on Friday after the company accused Network Rail of changing its audit rules in a way that essentially excluded Achilles from providing auditing services.
Two South Carolina utility customers on Friday asked the Second Circuit to revive a suit against Westinghouse Electric Co. to recover payments made for an abandoned nuclear project, saying their claims arise from Westinghouse’s post-Chapter 11 acts.
The D.C. Circuit on Friday upheld the Trump administration's move to kill an Obama-era proposal that would have required hardrock mining facilities to prove they can pay for cleanup efforts, rejecting arguments by environmental groups that the decision flouted the Comprehensive Environmental Response, Compensation and Liability Act.
The House Natural Resources Committee has given its blessing to a bill that seeks to withdraw federal land around New Mexico's Chaco Canyon from future oil and gas drilling, saying the proposal is ready to be taken up by the full U.S. House of Representatives.
Justice John Paul Stevens' landmark decision in Massachusetts v. EPA forced the federal government to address the problem of climate change and unleashed a flood of decarbonization policies, a deluge that the Trump administration is trying to reverse.
Blackstone's infrastructure fund raised $14 billion in the final close of its inaugural fundraising round, putting the Simpson Thacher-guided vehicle among the world's three largest infrastructure funds, Blackstone said Thursday.
Members of the Federal Energy Regulatory Commission relitigated how the agency should consider the climate change impacts of projects Thursday in Commissioner Cheryl LaFleur's final meeting, underlining a continued disagreement between its members.
American Electric Power Corp. has agreed to retire 1,300 megawatts of coal-fired power at its plant in Rockport, Indiana, by the end of 2028 and make additional investments in emissions reductions as part of an amendment to a 2007 Clean Air Act settlement.
The U.S. Bureau of Land Management has asked an Alaska federal court to toss a suit by a tribe and environmental groups over an oil and gas exploration plan in the National Petroleum Reserve-Alaska, saying the agency's environmental analysis complied with federal law and the suit is moot since the exploration ended in May.
Data center company Compass said Thursday it secured additional funding for a planned $3 billion expansion, with guidance from Fried Frank and Wick Phillips.
Former clerks and attorneys remember Justice John Paul Stevens, who died Tuesday night at the age of 99, for his trenchant mind and his unending civility. Does his passing mark an end to an era of collegiality on the bench?
Justice John Paul Stevens' landmark decision in Chevron USA Inc. v. NRDC shaped the course of administrative law, and his legacy, for decades. But a recent wave of criticism shared by members of the current court threatens to erase a doctrine that has long bolstered federal regulators' sway over corporate America.
A day after retired U.S. Supreme Court Justice John Paul Stevens died at the age of 99, his colleagues paid tribute to the third-longest-serving member of the high court, cherishing his devotion to public service, his kindness and his unwavering commitment to justice.
Justice John Paul Stevens had a legendary reputation as one of the most humble and caring members of the court. His clerks related some tales that show why.
Justice John Paul Stevens was known for being collegial and kind, but he also wasn’t one to mince words. Listen to a few of the justice’s most memorable words from the bench, in majority opinions, sharply worded dissents and at oral argument.
In this data deep-dive, Law360 examines retired Justice John Paul Stevens’ long tenure, his relatively breezy confirmation, his transformation from a run-of-the-mill Republican appointee to runaway liberal, and the legacy that lives on in his clerks.
New York's ambitious climate change bill puts the state on a path toward net-zero emissions, placing immense pressure on building owners and the power sector to take action soon to comply with the state's aggressive goals.
The Maryland high court has ruled that the state's authority to decide where solar power projects should be located overrides local zoning laws, saying recent legislation aimed at fighting climate change boosts the Public Service Commission's power.
The federal government has told a California federal court that the Agua Caliente Band of Cahuilla Indians is directly injured by the overuse of water in the Coachella Valley and thus both the tribe and the U.S. government have standing in a water rights dispute.
Strategic Partners, the secondary and fund solutions business of investment firm Blackstone, said Wednesday it secured $11.1 billion for its eighth fund, with guidance from Simpson Thacher & Bartlett LLP.
Two recent IRS notices, adjusting the value of production tax credits and creating a safe harbor for certain U.S. Department of Defense-caused project delays, provide a small breath of fresh air for the onshore wind industry, says David Burton at Norton Rose.
Rothschild Barry's John Coffey, who joined Justice John Paul Stevens' law firm in 1965, shares what it was like to watch Justice Stevens practice law, mentor younger lawyers and land a malfunctioning plane.
The U.S. Department of Energy, the Federal Energy Regulatory Commission and state regulators have a handful of tools to compel generators to delay the retirement of nuclear, coal and gas plants until greener options are more reliable, but their scope has not yet been tested in court, says Gordon Coffee at Winston & Strawn.
As states adopt and expand third-party solar development programs, regulators should streamline rules and avoid prescriptive requirements for developers, say Elliot Hinds and Diana Jeschke at Crowell & Moring.
Legislation recently introduced in the Senate would create a new tax-exempt financing option for carbon dioxide generating facilities that spend capital developing green countermeasures for carbon capture and sequestration, says Taylor Klavan of Squire Patton.
While there is discussion in some quarters about new regulations on commercial legal finance, the hands-off approach taken by the majority of courts and legislatures is an implicit recognition that it is already sufficiently regulated, says Danielle Cutrona of Burford Capital.
The administrative record is very important to federal agency litigation — as showcased in last month's U.S. Supreme Court decision concerning the addition of a citizenship question to the 2020 census — yet there is no set of consistent principles to guide agencies in compiling these official records, say attorneys at WilmerHale.
Since 32 of the 67 decisions issued by the U.S. Supreme Court during its October term cite dictionaries, it’s worth reviewing the opinions to learn which dictionaries the justices consulted and how they used them, say Bruce Wessel and Brian Weissenberg of Irell & Manella.
Although the rate of employment for law school graduates — which had been falling steadily — saw a small increase over the last year, other factors, such as fewer graduates overall and potential future job growth stagnation, temper the good news for those pursuing law degrees, say Tiffane Cochran and Tyler Grimm of AccessLex Institute.
Leveraging the collective strengths of a diverse workforce is not only the right thing to do, it’s a strategic imperative for any successful firm or business, says Louise Pentland, executive vice president and chief business affairs and legal officer of PayPal.
When a lawyer complains about some workflow inefficiency they are having, the knee-jerk reaction of many firms is to look for a technology-based workaround. This overlooks the importance of human psychology and behavior, which may be the root of the problem, says Ryan Steadman of Zero.
Legal writing often falls flat not because it’s unorganized, but because it’s technically unsound and riddled with gaffes that cheapen and degrade it. Avoiding the most common mistakes will keep judges interested and, most importantly, make them trust you, says Daniel Karon of Karon LLC.
The U.S. Supreme Court's decision in Knick v. Township of Scott puts an end to a Catch-22 that left property owners with no way to challenge violations of the Fifth Amendment's takings clause, and will likely trigger an increase in federal takings claims across the country, says Paul Beard of Alston & Bird.
Last week, House representatives introduced a bill that would create a new tax credit for neighborhood revitalization, but research into the outcome of similar place-based investment tax incentives provides reason to hesitate, says Michelle Layser, assistant professor at University of Illinois College of Law.
While mirror Federal Claims Court decisions last week in the Bishop Hill Energy and California Ridge Wind Energy cases were favorable for the renewable energy industry, companies seeking project development grants from the U.S. Department of the Treasury may want to reconsider some of their practices, say David Burton and Keith Martin from Norton Rose.