We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Project Finance

  • June 24, 2019

    Ex-Venezuela Oil Minister Fights $1.4B Default Judgment

    Venezuela's former energy minister told a Texas federal judge Monday to set aside a $1.4 billion judgment against him because he argues he didn't have a chance to respond to the false allegations against him.

  • June 24, 2019

    Tesla Gets Tariff Waiver For Japanese Aluminum Battery Parts

    Tesla Inc. won't have to pay a 10% tariff on aluminum parts imported from Japan to be used in the batteries that power the Silicon Valley company's electric cars, the U.S. Commerce Department has determined.

  • June 24, 2019

    Antero Awarded $96M In W.Va. Gas Purchase Fight

    A Colorado state court jury has found that Washington, D.C.-area utility Washington Gas Light Co. and its wholesaling entity WGL Midstream Inc. owe some $96 million to gas extractor Antero Resources Corp. for a months-long failure to buy all the West Virginia natural gas that it promised to buy.

  • June 24, 2019

    Venezuela Faces Default Judgment Bid Over $43M Award

    Saint-Gobain Performance Plastics Europe asked a Delaware federal court to enter a default judgment against Venezuela and direct it to pay a $43 million award over the seizure of the company's fracking supply plant.

  • June 24, 2019

    Hexion's $3.8B Ch. 11 Plan OK'd After Settlement Battle

    A Delaware bankruptcy court confirmed specialty chemical maker Hexion's plan to shed some $2 billion in debt Monday after a final round of arguments over the reach of a prepetition settlement and the imposition of liability releases without creditor consent.

  • June 24, 2019

    High Court Puts Local Limits On Energy Development At Risk

    The U.S. Supreme Court's recent takings ruling could flood federal courts with challenges to state and local restrictions on energy development and discourage state and local governments from enacting limits on things like oil and gas drilling or large-scale renewable energy projects.

  • June 24, 2019

    Ex-Dorsey & Whitney Energy Partner Joins Greenberg Traurig

    Greenberg Traurig LLP has announced the hiring of a former Dorsey & Whitney LLP partner who will join the firm's energy and natural resources practice and global litigation practice in Washington, D.C.

  • June 24, 2019

    Texas Supreme Court Halts El Paso Landmark Demolition

    The Texas Supreme Court has halted the demolition of a set of buildings to make way for a $180 million entertainment facility after a local historian told the court the bell "cannot be unrung" if the potential landmarks are razed.

  • June 24, 2019

    NJ Firm Still Hopes To Grill Tax Incentive Panel Members

    Parker McCay PA and other companies tied to Democratic powerbroker George E. Norcross III urged a New Jersey state court Monday to reconsider its previous ruling denying their bid to both cross-examine the witnesses of a task force investigating the state's tax incentive programs and to present their own witnesses.

  • June 24, 2019

    Kirkland, Latham Steer $410M Natural Gas Services Deal

    Energy company Archrock said Monday it will acquire a fellow natural gas compression services business for $410 million in a deal guided by Latham & Watkins and Kirkland & Ellis.

  • June 24, 2019

    Manhattan Residents Sue To Block City's 14th St. Busway Plan

    A group of Manhattan block associations and co-ops said Friday that New York City's Department of Transportation is violating state and city environmental laws with its plans to limit passenger car traffic on 14th Street and turn the thoroughfare into a so-called busway, according to filings in state court.

  • June 24, 2019

    High Court Passes On Argentina YPF Nationalization Fight

    The U.S. Supreme Court declined Monday to take up Argentina's appeal in a suit by two Spanish companies that claim to have suffered losses when the country nationalized YPF SA, leaving in place a Second Circuit opinion that dealt with a question on sovereign immunity.

  • June 24, 2019

    Justices Won't Examine Challenge To Trump Steel Tariffs

    The U.S. Supreme Court on Monday rejected a steel importer group's bid to knock down tariffs imposed last year by President Donald Trump, leaving in place the president's broad authority to set trade restrictions in the name of national security.

  • June 21, 2019

    Knick Ruling Levels The Field, May Signal Court's Agenda

    The U.S. Supreme Court's decision Friday to overturn a 1985 ruling that forced landowners to go to state court first with wrongful taking claims but allowed governments to choose state or federal court signals that the justices may take up additional property rights questions, experts say.

  • June 21, 2019

    Danish Co. Ørsted Wins Bid For NJ's First Offshore Wind Farm

    New Jersey awarded Danish energy company Ørsted the Garden State's first offshore wind farm lease on Friday, a move expected to generate $1.17 billion in energy savings and jobs for the state and advance Gov. Phil Murphy's clean energy goals.

  • June 21, 2019

    Asset Management Firm CEO Gets 6½ Years For $20M Fraud

    The former CEO of Virginia asset management firm Kiddar Capital LLC was sentenced Friday to 6½ years in prison for bilking nearly 30 investors out of $20 million through a real estate investment Ponzi scheme, according to the U.S. Department of Justice.

  • June 21, 2019

    DOI's 'Begrudging' Lease Revival Won't Cut It, Oil Co. Says

    The U.S. Department of the Interior's "belated, begrudging" notice reinstating a Montana oil and gas lease didn't fully follow a D.C. federal court directive to reverse the cancellation, the lessee has argued, saying the agency made it clear that it disagrees with the move.

  • June 21, 2019

    Trump Calls For Agencies To Limit Climate Change Reviews

    The Trump administration on Friday unveiled draft guidance that would narrow how federal agencies should consider climate change impacts in their National Environmental Policy Act reviews of energy, infrastructure and other projects.

  • June 21, 2019

    Texas Justices Won't Reopen $161M Strasburger & Price Suit

    The Texas Supreme Court on Friday opted not to hear a company's bid to revive a $161 million malpractice lawsuit against Strasburger & Price LLP and another law firm over their handling of a dispute over proprietary software.

  • June 21, 2019

    Gas Co. Insurers Want $189M Harvey Damage Row Arbitrated

    A group of insurers has asked a New York state court to force arbitration of a coverage dispute with Freeport LNG Development LP over $189 million in losses the company and its business partners allegedly incurred when Hurricane Harvey struck a construction project at a liquefied natural gas plant in Texas.

  • June 21, 2019

    Crown Castle Says Illinois Telecom Flouting FCC's Pole Regs

    Infrastructure giant Crown Castle has accused an Illinois utility of breaking Federal Communications Commission rules by charging excessive pole attachment fees and denying the company access to hundreds of poles. 

  • June 21, 2019

    Petrobras Forks Over $701M Award, But Plans 5th Circ. Fight

    A pair of Petrobras subsidiaries have paid two Vantage Drilling International companies almost $701 million to satisfy an arbitral award stemming from a canceled drilling contract, according to a Friday announcement.

  • June 21, 2019

    Taxation With Representation: Wachtell, Skadden, Schulte

    In this week’s Taxation with Representation, Pfizer buys Array BioPharma for $11.4 billion, BidFair USA takes Sotheby’s private in a $3.7 billion deal, C&J Energy Services and Keane merge to create a $1.8 billion company, and AIM Aerospace is acquired by Sekisui Chemical for $510 million.

  • June 21, 2019

    High Court Finds Landowner Has A Path To Federal Court

    A Pennsylvania property owner can take her claim that the government unconstitutionally took value from her land directly to federal court without first seeking compensation at the state level, the U.S. Supreme Court said on Friday.

  • June 20, 2019

    Shutts & Bowen Will Rep Miami In Beckham Stadium Deal

    Miami has tapped Shutts & Bowen LLP to serve as real estate-focused outside counsel in connection with soccer legend David Beckham's planned Major League Soccer stadium on city land.

Expert Analysis

  • 4 State Responses To Opportunity Zones

    Author Photo

    State legislatures across the country are responding to the federal opportunity zone provisions in a variety of ways that could provide significant state tax benefits for businesses that act quickly, say attorneys at Eversheds Sutherland.

  • 5 Ways Law Firms Can Improve Their Job Interviews

    Author Photo

    When evaluating potential new hires, law firms should utilize structured interviews in order to create a consistent rating system that accurately and effectively assesses candidates' skills and competencies, says Jennifer Henderson of Major Lindsey.

  • An In-Depth Guide To Latest Opportunity Zone Regs: Part 2

    Author Photo

    The final part of this deep dive into proposed opportunity zone regulations focuses on fund compliance requirements and new rules with respect to leases, opportunity zone businesses and real estate, says Marc Schulz of Snell & Wilmer.

  • How New IRS Rules Help Tribes Holding Special Benefit Bonds

    Author Photo

    Recent Internal Revenue Service guidance gives tribal economic development bond issuers more flexibility to alter bond terms without losing tax advantages and a greater opportunity to realize debt-service savings, say attorneys at Greenberg Traurig.

  • An In-Depth Guide To Latest Opportunity Zone Regs: Part 1

    Author Photo

    In the second tranche of opportunity zone proposed regulations, the IRS provides extremely flexible guidance that may be enough to induce investors to start investing all of the capital sitting on the sidelines into qualified opportunity funds, says Marc Schulz of Snell & Wilmer.

  • Colo.'s New Oil And Gas Law Shifts Rulemaking Landscape

    Author Photo

    A new Colorado law dramatically changes the regulation of oil and gas development in the state. Oil and gas development opponents and proponents should prepare for years of complicated rulemaking and public comment opportunities at the Colorado agencies, say Zachary Fitzgerald and Ivan London of Bryan Cave.

  • Series

    Why I Became A Lawyer: A Fateful Phone Call

    Author Photo

    When I was growing up, my mother was always the more mild-mannered parent. But during a trans-Atlantic phone call in 1991, when I told her I wanted to go to culinary school instead of law school, she started yelling — at a volume I had never heard from her, says Jason Brookner of Gray Reed.

  • Law Firms Can Do Better With Their Mentoring Programs

    Author Photo

    There are a few practical, proactive steps law firms can take to create a mentoring program that pays dividends — instead of creating a mediocre program that both parties see as an obligation, says Kate Sheikh of Major Lindsey & Africa.

  • How To Comply With NYC's New Climate Mobilization Act

    Excerpt from Lexis Practice Advisor
    Author Photo

    Even though compliance is not mandated until 2024, New York City building owners should begin taking steps now to prepare for the Climate Mobilization Act's new limits on buildings' greenhouse gas emissions, say YuhTyng Patka and David Miller of Duval & Stachenfeld.

  • The Latest Developments In Criminal Cases Against Execs

    Author Photo

    This spring, there was some noteworthy news in white collar government investigations impacting executives, including the first successful prosecution in the opioid bribery scheme and the first criminal charges for failure to report under the Consumer Product Safety Act, say attorneys at Miller & Chevalier.

  • 'Rocket Docket' Justifies Its Name For 11th Straight Year

    Author Photo

    The U.S. District Court for the Eastern District of Virginia “rocket docket” is still the fastest federal civil trial court in the country despite some recent trends causing its median time to trial to grow to 13.2 months, says Robert Tata of Hunton.

  • 5 Key Issues In Acquiring Transportation Infrastructure Assets

    Author Photo

    There is a growing trend of governmental agencies contracting and leasing viable operating transportation infrastructure assets. Such opportunities for the private sector may exist in connection with any contemplated upgrade, extension or other modification of an asset that a governmental entity needs to finance, say José Morán and Juan Gonzalez of Baker McKenzie. 

  • What May Be Ahead For PE Infrastructure Investment In Asia

    Author Photo

    Despite some softening in Asian infrastructure deal volumes in 2018 and the first part of 2019, both fundraising targets and long-term investment prospects remain strong for private equity sponsors, say Scott Jalowayski and James Jackson at Gibson Dunn.

  • Measuring The Value Of A Law Firm's Social Media Efforts

    Author Photo

    Most legal marketers struggle to show the return on investment of their social media efforts, but establishing and answering several key questions can help demonstrate exactly how social media programs contribute to a law firm's bottom line, say Guy Alvarez of Good2bSocial and communications consultant Tom Orewyler.

  • How New State Laws Will Affect Power Plant Closure Costs

    Author Photo

    Many states are proposing and passing legislation in response to the economic impacts of coal and nuclear power plant closings. Some of the legislation would provide short time frames for recouping closing costs from ratepayers, so plant owners must track policy developments closely, say Bruce Baker and Libby Ford of Nixon Peabody.