Project Finance

  • September 27, 2016

    DC Circ. Puts Clean Power Plan Foes, Backers On Hot Seat

    Ten D.C. Circuit judges wrestled Tuesday with the Obama administration’s ambitious plan to slash greenhouse gas emissions at existing power plants, grilling government, industry and environmental attorneys about the new rule’s constitutionality and the EPA’s authority to craft it.

  • September 27, 2016

    EPA Must Decide On Coal Plant's Air Permit, Enviros Say

    The Sierra Club urged a D.C. federal judge on Monday to force the U.S. Environmental Protection Agency to decide whether Pennsylvania regulators can give a coal-fired power plant an extra three years to comply with the EPA's controversial Mercury and Air Toxics Standards.

  • September 27, 2016

    NJ Court Clears Path For $1.15B Meadowlands Bond Sale

    A New Jersey state appeals court on Tuesday denied a nonprofit group’s attempt to block the New Jersey Sports and Exposition Authority from issuing $1.15 billion in bonds to pay for construction of the unfinished American Dream mall at the Meadowlands, saying the group’s arguments lacked merit.

  • September 27, 2016

    Flint Aid Looms Over Water Projects Bill In House

    House Republicans pushed forward Tuesday with consideration of the biennial Water Resources Development Act, despite a fight over aid to Flint, Michigan, that has increasingly tied the project authorization bill to efforts to keep the government running after the end of the week.

  • September 27, 2016

    Three Cos. Pay $600M For $1.6B Penn Station Revamp Rights

    Related Companies, Vornado Realty LP and Skanska AB will pay $600 million for a piece of a nearly $1.6 billion project to modernize Penn Station unveiled Tuesday by New York Governor Andrew M. Cuomo.

  • September 27, 2016

    County OKs $105M Astrodome Redevelopment Project

    The five-member Harris County Commissioners Court unanimously approved a $105 million Astrodome revitalization project on Tuesday, clearing the way for its $10.5 million first phase, which will see the 50-plus-year-old Houston-area stadium turned into an event space.

  • September 27, 2016

    Flint Water Fight Sinks Stopgap Gov't Funding Measure

    Senate Democrats, along with a handful of Republicans, voted down the first attempt at a stopgap government funding bill Tuesday after complaints over the measure’s snub of funding for lead-contaminated water infrastructure in Flint, Michigan.

  • September 27, 2016

    Pa. Traders Ask Court To Nix FERC's $42M Manipulation Fine

    A Pennsylvania trading firm and its energy traders urged an Ohio federal court to toss the Federal Energy Regulatory Commission’s bid to enforce $42 million in market manipulation penalties, saying even if FERC's allegations were true, they wouldn't amount to illegal activity.

  • September 27, 2016

    Latham Nabs Ex-Chadbourne Tax Pro For Renewables Work

    Latham & Watkins LLP said Monday it has bolstered its New York office with a former Chadbourne & Parke LLP tax attorney who will focus on project finance and tax law for U.S. renewable energy projects.

  • September 27, 2016

    Rice Energy Scoops Up Vantage Energy In $2.7B Deal

    Rice Energy on Monday agreed to buy private equity-backed Vantage Energy in a cash-stock-and-debt deal worth $2.7 billion, giving the Pennsylvania-based gas driller an even bigger toehold in the Marcellus and Utica shales.

  • September 26, 2016

    Maxim Power To Pay $8M In FERC Market Manipulation Case

    Canada’s Maxim Power Corp. has agreed to pay $8 million to resolve allegations brought by the Federal Energy Regulatory Commission that the power producer manipulated electricity prices in New England, the agency said Monday.

  • September 26, 2016

    House Passes Cybersecurity, Transit, Food Security Bills

    The House of Representatives passed bills Monday meant to tweak various parts of the country’s security apparatus, ranging from the Department of Homeland Security’s responsibilities for food and election security, to the amount of time that transit agencies can use grant money for security upgrades.

  • September 26, 2016

    US DOT Awards $5M To Boost Transit Service On Tribal Lands

    The U.S. Department of Transportation said Monday it has awarded $5 million to help Native American and Alaska Native communities boost transit service on tribal lands, under increased funding provided by last year’s Fixing America’s Surface Transportation Act.

  • September 26, 2016

    2 Dentons Branches Trimmed From Guinea Fraud Suit

    A D.C. federal judge released two overseas branches of mega-verein Dentons from a countersuit Sunday launched by Republic of Guinea alleging the firm committed fraud in its handling of a major mining project.

  • September 26, 2016

    Paradigm Tells 8th Circ. Pipelines' Finish Moots Tribal Appeal

    Paradigm Energy Partners LLC urged the Eighth Circuit on Friday to toss an appeal of a lower court's ruling preventing the Three Affiliated Tribes from interfering with the construction of a pair of pipelines underneath a lake on their reservation, arguing that the completion of the pipelines made the appeal moot.

  • September 26, 2016

    Clean Power Plan 'Epic' Power Grab, AGs Say

    The attorneys general for Texas and West Virginia blasted the U.S. Environmental Protection Agency's Clean Power Plan in advance of their arguments to nix the rule this week, maintaining Monday that the plan usurps state authority.

  • September 26, 2016

    FERC Ignored $683M Pipeline's Impact, Enviros Tells 2nd Circ.

    A handful of green groups continued to press the Second Circuit to wipe out the Federal Energy Regulatory Commission’s approval of Constitution Pipeline Co.'s proposed $683 million natural gas pipeline Friday, blasting the regulator’s contention that it had complied with environmental law.

  • September 26, 2016

    Houston-Area Officials To Vote On $105M Astrodome Proposal

    The Harris County Commissioners Court is set to vote on the $105 million Astrodome revitalization project on Tuesday that could, if approved, bring an end to a yearslong debate over what to do with the 50-plus-year-old Houston area stadium. 

  • September 26, 2016

    Tougher EB-5 Rules Could Follow Election Season Gridlock

    A Friday expiration date for the EB-5 immigrant investor program and upcoming elections mean lawmakers will likely act further down the road to toughen the troubled program's standards for qualifying projects and prevent abuses, but doing so will mean overcoming stark regional differences and other hurdles, experts say.

  • September 26, 2016

    Klamath River Dam Removal Funding All Set, FERC Told

    PacifiCorp and a nonprofit entity created to shut down part of the Klamath Hydroelectric Project urged the Federal Energy Regulatory Commission on Friday to decide by the end of 2017 whether four dams on the Klamath River in California and Oregon can be transferred to the nonprofit prior to being demolished, saying the funding to complete the removal is in place.

Expert Analysis

  • Why Have Lawyers Forgotten About The Middle Class?

    Chas.jpg

    Sorry, fellow lawyers, judges and legislators, but the jig is up. It’s time to show the public the cards up our sleeves and give them a chance to weigh in on the fairness of a system that touches so many aspects of their everyday lives, says Chas Rampenthal, general counsel of LegalZoom.

  • Gas Demand Response Programs Are Alluring But Impractical

    Gordon A. Coffee

    As a solution to the shortage of gas for power generation during the winter some industry analysts have suggested creating demand response programs for natural gas, which would be far less capital-intensive than other options. Unfortunately, several practical problems hinder their implementation, says Gordon Coffee of Winston & Strawn LLP.

  • Overhauling Law Firm Records Departments For A New Reality

    Raymond Fashola

    As automation increases, so do business challenges that impact overall law firm operations. Records departments are facing roadblocks associated with antiquated processes, ever-changing regulatory requirements, and emerging technologies. As a result, firms are reassessing the needs of their records department staffing models, says Raymond Fashola of HBR Consulting.

  • Why California Teachers Will Celebrate Senate Bill 1413

    Gregory J. Korbel

    The California Legislature recently passed Senate Bill 1413, which authorizes school districts to establish programs that will help teachers and school district employees secure affordable housing. This timely bill is intended to address the potentially troubling future of California's teaching industry, say Gregory Korbel and Rosanna Moreno of Miller Morton Caillat & Nevis LLP.

  • Raising Calif. GHG Targets: A Look At What's Ahead

    Ryan Waterman

    With the recent passing of California's Senate Bill 32 and its companion legislation, Assembly Bill 197, we find ourselves again in a period of transition as the state moves forward with climate change 2.0. We know where the state is heading, but details about how it will get there are still to be developed, say attorneys at Brownstein Hyatt Farber Schreck.

  • Paris Agreement Progress From World’s Largest GHG Emitters

    Eric B. Rothenberg

    With the U.S. and China acceding to the Paris agreement earlier this month, the treaty is on its way to entering into force later this year or early in 2017. Eric Rothenberg and Remi Moncel of O’Melveny & Myers LLP explain what the agreement requires of the world’s two largest economies and how each country plans to meet its obligations.

  • 3 Steps To Successful Judgment Enforcement

    Craig Weiner

    Judgment enforcement is typically governed by the law of the state where collection is sought, which frequently means collection efforts are controlled by an arcane body of law replete with debtor-friendly roadblocks. Fortunately, there are a number of actions a judgment creditor can take to secure satisfaction of a claim, say Craig Weiner and Michael Kolcun of Robins Kaplan LLP.

  • Should Your Law Firm Move To The Cloud?

    Paul R. Kiesel

    Don't kid yourself into believing, currently, that cloud options are cheaper. Cost is not the justification for moving your law firm to the cloud, says Paul R. Kiesel, founder of Kiesel Law LLP and immediate past president of the Los Angeles Bar Association.

  • From The Partner’s Desk: Paving Your Path To Partnership

    Gary M. Gansle

    One of the most oft-cited complaints from associates is the lack of clarity around what it takes to make partner. While this can certainly be laid at the feet of law firms large and small alike, an ever-changing business environment is at least partly to blame. Today, law firms are not making partnership decisions based on the same criteria they used 20, 15 or even 10 years ago, says Gary Gansle of Squire Patton Boggs LLP.

  • An End-Of-Summer Push On Environmental Mitigation Policy

    Thomas C. Jensen

    The final week of August saw several important developments in what is proving to be a very consequential year for federal environmental mitigation policy. Thomas Jensen and Sandra Snodgrass of Holland & Hart LLP highlight key features and implications of each new development.