Fisker Automotive Holdings Inc. won approval for its disclosure statement Tuesday, after unsecured creditors assured a Delaware bankruptcy judge they were on board with the shuttered car maker's high-speed agenda to wrap up a sale and Chapter 11 plan just after New Year's.
U.S. Supreme Court justices peppered opponents of a federal air pollution transport rule with tough questions during Tuesday's oral arguments, giving the U.S. Environmental Protection Agency reason to hope the high court will overturn a D.C. Circuit decision striking down the regulation.
Bracewell & Giuliani LLP has added to its partnership ranks a former Vinson & Elkins LLP corporate attorney who specializes in energy industry transactions, adding depth to the firm’s Houston office, the firm said Tuesday.
Secretary of State John Kerry on Tuesday strongly defended the Obama administration's recent preliminary pact with Iran providing limited relief from financial sanctions in exchange for concessions on its nuclear program, despite heavy opposition from lawmakers.
A top White House environmental policy aide and former U.S. Environmental Protection Agency general counsel is heading into private practice, joining Covington & Burling LLP’s Washington, D.C., office as an expert on environmental, energy and public policy issues, the firm announced Monday.
The European Parliament formally approved plans Tuesday to freeze the number of pollution allowances available in upcoming carbon auctions in an effort to increase prices that have fallen well below the European Union's expectations.
The Second Circuit on Tuesday upheld the dismissal of a lawsuit challenging the $13 million annual state tax levy imposed on Vermont's largest nuclear plant operator, saying the Tax Injunction Act does not allow the federal courts to meddle in state tax matters.
London-based copper miner Kazakhmys PLC said Tuesday it has agreed to sell its 50 percent stake in a company operating a Kazakhstan power plant and 100 percent of a hydroelectric power company for $1.3 billion in cash to a Samruk Energy, a sovereign wealth fund.
India’s competition watchdog announced Monday it was levying a fine of 17.7 billion rupees ($290 million) against state-run mining giant Coal India Ltd. and three of its subsidiaries for illegally leveraging its dominant position as the country’s largest supplier to enter into unfair supply deals.
The Chinese government released a climate change adaptation strategy for the first time Monday, calling on provinces, cities and national agencies to adjust their management strategies to better protect the country from the effects of global warming.
Duke Energy filed a $1.18 billion plan with the U.S. Nuclear Regulatory Commission, to take down its Crystal River nuclear power plant in Florida, the company said Monday.
Consol Energy Inc. and Noble Energy Inc. will pay up to $190 million for drilling rights to nearly 90,000 acres in the Marcellus Shale beneath West Virginia gas storage fields owned by Dominion Resources Inc., Pennsylvania-based Consol said Tuesday.
The Mississippi Public Service Commission unanimously blocked part of Entergy Mississippi Inc.'s proposed $1.78 billion divestment of electric transmission lines to ITC Holding Corp., the commission said Tuesday.
Entergy Gulf States Louisiana LLC clinched a six-year agreement with a subsidiary of South Africa-based Sasol Ltd. to supply up to 200 megawatts of power to run Sasol’s planned $7 billion petrochemical project in Louisiana, according to a Monday statement.
Affiliates of Talisman Energy Inc. agreed to sell their 12 percent equity interest in a Colombian oil pipeline company to an Advent International-led consortium for $595 million, the companies said Tuesday.
State-owned Vietnam Oil and Gas Group, also known as PetroVietnam, said Monday that it's signed agreements for a total of $795 million in export credit agreements and commercial loans from several banks to help finance the second phase of its $1.67 billion coal-fired power plant project.
Cheniere Energy Inc. said Monday that its subsidiary has agreed to two separate deals for a combined $9.5 billion with Bechtel Oil, Gas & Chemicals to construct liquefied natural gas trains and facilities for its project in Corpus Christi, Texas.
A Texas jury hit a subsidiary of Nuverra Environmental Solutions Inc. with a $281 million judgment on Thursday after finding a drive shaft had broken off a poorly maintained truck owned by the oil field service company, causing a man’s death.
Eight northeastern states on Monday urged the U.S. Environmental Protection Agency to crack down on air pollution from several upwind states, the latest interstate dust-up over U.S. air policy, which foreshadows even bigger regional battles when the agency proposes greenhouse gas emission rules for existing power plants next year, experts say.
The U.S. Department of Justice on Friday accused contractor Washington Closure Hanford LLC, which manages a $2 billion nuclear waste cleanup effort in Washington State, of defrauding the government by falsely claiming credit for awarding tens of millions of dollars in subcontracts to women-owned small business that allegedly acted as shell companies.
What is the thinking as to whether leaky air conditioner cases warrant multidistrict litigation treatment? On Dec. 5, the Judicial Panel on Multidistrict Litigation heads to Vegas to find out. This will bring a temperature shift in more ways than one from the September hearing, where the panel considered a potential MDL proceeding arising from allegedly defective clothes dryers, says Alan Rothman of Kaye Scholer LLP.
In addition to continued headline-grabbing litigation involving pharmaceutical companies in the wake of PLIVA Inc. v. Mensing, 2013 brought a number of important cases informing everything from class certification questions and product labeling trends to False Claims Act liability and fracking disputes, say attorneys at Weil Gotshal & Manges LLP.
Because Latin American countries differ substantially from one another, there is no effective one-size-fits-all approach to anti-corruption compliance in the region. That said, companies doing business in the region should be aware of a number of recurring compliance concerns that may lead to an increased risk of violating the FCPA or other applicable anti-bribery laws, say attorneys with Debevoise & Plimpton LLP.
The connection between Houston, Texas, and Philadelphia for value-added energy- and refining-related activity is palpable. Companies like Shell, Chevron, ExxonMobil and many others with a strong Houston presence are connecting to Pennsylvania, and we are just seeing the tip of the iceberg, says Michael Krancer of Blank Rome LLP.
Simply put, older cases interpreting the former version of section 1441 of the U.S. Code are no longer good law. A defendant confronted with a general maritime law tort claim should give serious consideration to removing the claim to federal court under the “original jurisdiction” clause of section 1441(a), says Brian Schneider of Moran Reeves & Conn PC.
Two considerations stand out regarding the Iran nuclear agreement's effect on sanctions. First, the agreement does not provide detail about suspension of sanctions or even identify measures to be suspended. Second, agreement commitments to relax sanctions measures will only be effective if, when and to the extent that they are implemented in U.S. and EU law, say Harry Clark and Clark McFadden of Orrick Herrington & Sutcliffe LLP.
A new law in Mongolia dramatically alters the investment landscape in the country, eliminating the broad restrictions on private foreign investment in the minerals, communication and financial sectors that previously existed, removing the parliament from the approval process, and ending the distinction between foreign and domestic investors, says Stewart Diana of DLA Piper LLP.
Until recently, forced pooling of unleased land parcels remained largely untested in Pennsylvania, particularly with the advent of modern shale development. However, a recent decision from the Pennsylvania Environmental Hearing Board promises to put forced pooling back into the spotlight and raise the ever growing controversy surrounding it, says Yvonne Hennessey at Hiscock & Barclay.
While the Nov. 24 accord represents the first reversal in an inexorable trend of increasing sanctions, it by no means signals a dismantling of the Iran sanctions program. The U.S. may even step up enforcement under unaffected portions of its sanctions program, including prohibitions on trading in blocked property, engaging certain petroleum transactions and supporting Iran’s energy sector, say Scott Flicker and Devon Winkles of Paul Hastings LLP.
With the onslaught of wage-and-hour litigation in recent years, employers are sometimes bullied into settlements. But Moore v. Citgo Refining & Chemicals Co. shows that defendants can succeed by holding the plaintiffs' feet to the fire and forcing them to participate in discovery, say John Collins and Rachel Hoffer of Seyfarth Shaw LLP.