Project Finance

  • February 07, 2024

    Orrick Adds Ex-Greenberg Traurig Energy Pro In Chicago

    A former Greenberg Traurig LLP shareholder has reunited with her mentor after jumping to Orrick Herrington & Sutcliffe LLP's energy and infrastructure team in Chicago.

  • February 07, 2024

    Australian Energy Cos. Woodside, Santos Cancel Merger Talks

    Australian energy companies Woodside and Santos said Wednesday that they had called off talks to merge, ending for now the possibility of forming a $52 billion energy giant by combining the companies.

  • February 07, 2024

    EPA Says Stricter Soot Requirement Needed For Air Quality

    The U.S. Environmental Protection Agency on Wednesday tightened federal standards for fine particulate matter pollution, touting the action's health and economic benefits.

  • February 06, 2024

    DC Circ. Unsure FERC Can't Order NextEra To Cover Plant Costs

    NextEra Energy's request to be made whole for upgrades to its New Hampshire nuclear power plant's circuit breaker seemed to get a frosty reception from the D.C. Circuit during oral arguments Tuesday.

  • February 06, 2024

    ​​​​​​​FCC Says School Bus Wi-Fi Challengers Can't Zoom To Court

    The Federal Communications Commission urged the Fifth Circuit on Tuesday to toss a challenge from two individuals to the agency's plan to subsidize school bus Wi-Fi, saying they can't go straight to court after failing to lodge a protest with the FCC.

  • February 06, 2024

    Report Shows Fragile US Solar Growth Under Safeguard

    The U.S. solar energy industry has grown despite bumpy conditions since 2020 and is on track to expand into photovoltaic cell production before the end of the year, according to a report released Tuesday by the U.S. International Trade Commission.

  • February 06, 2024

    Suncor Energy Must Pay $10.5M For Air Pollution, Colo. Says

    The state of Colorado said Suncor Energy Inc. must dish out at least $10.5 million toward penalties and improvement projects as a result of its Commerce City refinery's air pollution violations between July 2019 and June 2021.

  • February 06, 2024

    ​​​​​​​Top Groups Lobbying The FCC

    The Federal Communications Commission heard from companies and interest groups more than 100 times in January on a wide variety of topics, from net neutrality proposals to cybersecurity to planned new rules to revamp spectrum.

  • February 06, 2024

    NC Panel Backs $5M Win For Developers In Water Fee Fight

    The North Carolina state appeals court on Tuesday backed a $5.3 million judgment developers won in their suit accusing the city of Greensboro of imposing illegal pre-service water fees, finding the fees were charged late in the construction process but before volume-measuring water and sewer services were available on the properties.

  • February 06, 2024

    Builders Ask Judge To Rethink Monetary Relief For Fees Suit

    Builders urged a Florida state judge to reconsider two "'overarching'" rulings that they claim denied monetary relief for their proposed class action against the city of Miami over allegedly illegal building permit and inspection fees.

  • February 06, 2024

    Ex-Contech Exec Asks 4th Circ. To Toss More Convictions

    The U.S. Department of Justice and the former Contech executive who was convicted of bid-rigging both agree that the Fourth Circuit should rethink the decision that wiped out that conviction, but for different reasons — one wants the conviction reinstated, while the other says the panel didn't go far enough.

  • February 06, 2024

    Nev. Teachers Union Sues To Upend Oakland A's Stadium Deal

    A Nevada teachers' union has sued in state court to block a measure lawmakers approved in June to provide $380 million in public money to a new ballpark for the Oakland A's on the Las Vegas Strip, arguing the package passed in a special session last summer wasn't vetted for flaws.

  • February 06, 2024

    Legato Merger's Third SPAC Prices $175M Offering

    Legato Merger Corp. III, a special-purpose acquisition company targeting infrastructure and construction-related industries, was slated to begin trading Tuesday after raising $175 million in an initial public offering, represented by Graubard Miller and underwriters' counsel Loeb & Loeb LLP.

  • February 06, 2024

    Construction Group Of The Year: King & Spalding

    King & Spalding LLP secured a $1.9 billion arbitration award in June in a case stemming from cost overruns at a Colombian oil refinery and is defending the award in forums on three continents, earning a spot among Law360's 2023 Practice Groups of the Year for Construction.

  • February 05, 2024

    Groups Urge 9th Circ. To Overturn Alaskan Willow Project

    The Bureau of Land Management should have looked before it leaped in reapproving ConocoPhillips' planned Willow drilling project in Arctic Alaska, the Center for Biological Diversity said Monday, arguing that the agency refused to evaluate the effects of any alternative plans that stranded economically viable oil on the company's land leases.

  • February 05, 2024

    Justices Urged To Turn Away $392M Arbitrator Bias Suit

    An oil company has urged the U.S. Supreme Court to deny a petition asking it to overturn the Second Circuit standard for vacating arbitral awards over apparent arbitrator bias, arguing that any differences in the federal appeals courts over the evident partiality standard are "academic."

  • February 05, 2024

    US Backs Spain In $386M Solar Award Cases

    The Biden administration is urging the D.C. Circuit not to enforce some $386 million in arbitral awards issued to investors after Spain dialed back its renewable energy incentives, arguing that courts need not defer to arbitrators when deciding whether an arbitration agreement exists.

  • February 05, 2024

    'Just Good Enough' Won't Cut It With BEAD Plans, Gov't Told

    Cable industry groups want the U.S. Department of Commerce, which is in charge of disbursing billions in broadband deployment aid, to reject states' efforts to build out other technologies at the expense of the fiber-optic projects the government has said they should prioritize.

  • February 05, 2024

    FERC Says It Followed Court's Orders With LNG Reapproval

    The Federal Energy Regulatory Commission defended its reapproval of a Texas liquefied natural gas terminal Monday, telling the D.C. Circuit it addressed the appeals court's concerns after the court ordered the agency to revise its environmental reviews of the project.

  • February 05, 2024

    State Telecom Roundup: The States With The Worst Internet

    The Biden administration has said it expects to start releasing some of the $42 billion in Broadband Equity, Access, and Deployment program state broadband funding in early 2024. The idea is for the funds to be used to narrow the digital divide that prevents millions of Americans from having access to affordable and high-quality internet, but some states have more to do than others.

  • February 05, 2024

    States, Businesses Push To Sink Feds' Amended WOTUS Rule

    Texas, Idaho and more than a dozen industry groups are asking a Texas federal judge to throw out the U.S. government's latest rule to define the "waters of the United States," arguing that it oversteps federal authorities under the Clean Water Act, is overly vague and flies in the face of a recent U.S. Supreme Court ruling.

  • February 02, 2024

    Clean Energy Can Revive Fossil Fuel Sites, But Risks Abound

    Building clean energy projects on the sites of shuttered or aging coal- and gas-fired power plants is a multibillion-dollar opportunity to accelerate the U.S. energy transition, but there are steep legal and practical hurdles to clear. Here's a rundown of what developers must grapple with if they want to build green on fossil fuel sites.

  • February 02, 2024

    Youths Say DOJ Using Extreme Tactics To Delay Climate Trial

    Young people who claim the U.S. government is violating their rights with energy policies that are worsening climate change hit back against the Justice Department's latest bid to pause their suit before it can go to trial, saying courts should not tolerate its extreme delay tactics and shocking conduct.

  • February 02, 2024

    Infrastructure Co. Cuts Deal To Resolve DOL Equal Pay Probe

    An infrastructure consulting company has agreed to pay roughly $122,000 to shutter a U.S. Department of Labor investigation into allegations that the company paid women less than their male counterparts despite the workers having the same levels of experience and skill, the DOL said.

  • February 02, 2024

    Troutman Pepper Nabs FERC Pro From Steptoe

    Troutman Pepper has nabbed a former Steptoe LLP partner to lead its enforcement practice in its energy practice group, further strengthening its over 20-member Federal Energy Regulatory Commission team.

Expert Analysis

  • Virginia 'Rocket Docket' Slowdown Is Likely A Blip

    Author Photo

    After being the fastest or second-fastest federal civil trial court for 14 straight years, the Eastern District of Virginia has slid to 18th place, but the rocket docket’s statistical tumble doesn't mean the district no longer maintains a speedy civil docket, says Robert Tata at Hunton.

  • NEPA Reforms May Aid Project Speed, But Red Tape Remains

    Author Photo

    The Fiscal Responsibility Act of 2023 included amendments to the National Environmental Policy Act that are designed to streamline the federal environmental review process for infrastructure projects, but coordination with agencies and early stakeholder engagement are still likelier to lead to successful outcomes than time and page limits, say Jena Maclean and Stephanie Regenold at Perkins Coie.

  • 5 Management Tips To Keep Law Firm Merger Talks Moving

    Author Photo

    Many law firm mergers that make solid business sense still fall apart due to the costs and frustrations of inefficient negotiations, but firm managers can increase the chance of success by effectively planning and executing merger discussions, say Lisa Smith and Kristin Stark at Fairfax Associates.

  • Rethinking In-Office Attendance For Associate Retention

    Author Photo

    The hybrid office attendance model doesn't work for all employees, but it does for many — and balancing these two groups is important for associate retention and maintaining a BigLaw firm culture that supports all attorneys, says Summer Eberhard at Major Lindsey.

  • Sackett's US Waters Redefinition Is A Boon For Developers

    Author Photo

    The U.S. Supreme Court's recent landmark ruling in Sackett v. U.S. Environmental Protection Agency should reduce real estate project delays, development costs and potential legal exposures — but developers must remain mindful of how new federal and state regulations governing wetlands could affect their plans, say attorneys at Morris Manning.

  • Compliance Obligations Still Murky For Superfund Excise Tax

    Author Photo

    Comments on the IRS' reinstatement of the Superfund chemicals excise tax show that, given taxpayers' lack of institutional knowledge and the government's previous failure to finalize clarifying guidance, further regulatory action is needed to help taxpayers understand their obligations, say Nicole Elliott and Mary Kate Nicholson at Holland & Knight.

  • Murdaugh Trials Offer Law Firms Fraud Prevention Reminders

    Author Photo

    As the fraud case against Alex Murdaugh continues to play out, the evidence and narrative presented at his murder trial earlier this year may provide lessons for law firms on implementing robust internal controls that can detect and prevent similar kinds of fraud, say Travis Casner and Helga Zauner at Weaver and Tidwell.

  • For NY Wind And Solar Projects, Some Tax Assessment Clarity

    Author Photo

    Recent legislation, which moots a challenge to New York’s discounted cash flow method for assessing solar and wind project real property taxes, lifts a cloud of uncertainty and brings new considerations for developers, investors and lenders, say attorneys at Hodgson Russ.

  • How Electric Vehicles Will Affect Land Use And Development

    Author Photo

    The increasing use of electric vehicles will bring significant issues for cities and real estate developers to consider, as cities will require substantially more infrastructure to meet electric vehicles' charging needs, says John Lushis at Norris McLaughlin.

  • Environmental Justice Takes Center Stage At FERC

    Author Photo

    The Federal Energy Regulatory Commission's forthcoming policy statement on addressing environmental justice community impacts could play a key role in informing how developers and affected communities approach energy projects for years to come, say Emily Mallen, Ben Reiter and Angelica Gonzalez at Akin.

  • Firm Tips For Helping New Lawyers Succeed Post-Pandemic

    Author Photo

    Ten steps can help firms significantly enhance the experience of attorneys who started their careers in the coronavirus pandemic era, including facilitating opportunities for cross-firm connection, which can ultimately help build momentum for business development, says Lana Manganiello at Equinox Strategy Partners.

  • Growing EU Scrutiny Increases Hurdles For Foreign Investors

    Author Photo

    The application of the EU Foreign Subsidies Regulation from July will bring further oversight to many large deals, and together with bolt-on strategies, foreign investment regulation and antitrust enforcement, financial sponsors will need to start planning for compliance to avoid potential delays, say Anna Mitchell and Neil Hoolihan at Linklaters.

  • Tackling Judge-Shopping Concerns While Honoring Localism

    Author Photo

    As the debate continues over judge-shopping and case assignments in federal court, policymakers should look to a hybrid model that preserves the benefits of localism for those cases that warrant it, while preventing the appearance of judge-shopping for cases of a more national or widespread character, says Joshua Sohn at the U.S. Department of Justice.

  • EPA Nod For La. Program Bodes Well For Carbon Storage

    Author Photo

    The U.S. Environmental Protection Agency's recent announcement that it plans to grant Louisiana control over the permitting of carbon dioxide geologic sequestration wells is a welcome development for other states seeking similar authority — and developers seeking carbon storage well permits, say attorneys at Sidley.

  • Perspectives

    How Attorneys Can Help Combat Anti-Asian Hate

    Author Photo

    Amid an exponential increase in violence against Asian American and Pacific Islander communities, unique obstacles stand in the way of accountability and justice — but lawyers can effect powerful change by raising awareness, offering legal representation, advocating for victims’ rights and more, say attorneys at Gibson Dunn.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the Project Finance archive.
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!