Cimarex Energy Co. on Monday said it will take over fellow Denver-based oil and gas acquisition and exploration company Resolute Energy Corp. in a $1.6 billion deal, with Akin Gump Strauss Hauer & Feld LLP guiding the buyer and Arnold & Porter and Wachtell Lipton Rosen & Katz steering the seller.
A Manhattan federal judge hit a convicted fraudster with 12 years in prison Monday for tricking an affiliate of the Industrial and Commercial Bank of China into sending him $4.4 million for an oil and gas venture that turned out to be bogus, calling him an "inveterate con man."
QEP Resources Inc., led by Latham & Watkins LLP, said Monday it will sell a handful of natural gas- and oil-producing properties and other assets to private investment firm Aethon Energy for $735 million, the energy company’s latest divestiture as it looks to reposition itself.
A New York bankruptcy judge said Friday that Brookfield Business Partners LP and the legal professionals winding down Westinghouse Electric Co.'s Chapter 11 estate need to provide more information before he can rule on a disputed $134 million transferred to Brookfield when it bought the distressed contractor.
The Texas Supreme Court said Friday it would hear a case on whether an electric cooperative that operates heat recovery steam generators in power plants can qualify for a property tax exemption for pollution control, after an appeals court affirmed a state agency’s denial of the credit.
The Texas Supreme Court on Friday said the holders of a right of first refusal on mineral rights could not have discovered a sale had taken place without being notified, allowing the holders' suit to be filed after the usual four-year window.
The Fifth Circuit has declined a bid by Posco Daewoo Corp. to rephrase a question the appeals court panel put to Louisiana's highest court, despite the Korean trading giant's arguments that the question as stated would not help determine whether it could seize an iron shipment as security for a future arbitration award.
A Delaware bankruptcy judge on Friday postponed action on Starion Energy Inc.’s attempt to bar Massachusetts from potentially retaining millions of dollars of its assets as the state pursues a consumer protection action against the company for alleged deceptive marketing practices.
A Delaware federal jury on Thursday found that Fairchild Semiconductor International induced third parties to infringe competitor Power Integrations Inc.'s power supply controller patent, awarding nearly $720,000 just one week after Power Integrations won $24 million in another Delaware trial between the two rivals.
The U.S. Environmental Protection Agency’s Environmental Appeals Board on Thursday rejected an environmental group’s challenge to agency permits for gas compression facilities on a tribal reservation in Utah, saying the agency was not required to conduct an air quality review before issuing the permits.
The Texas Supreme Court granted review Friday to Endeavor Energy Resources in a dispute that asks the court to determine whether rules limiting a property owner's liability for contractors' injuries can extend to a negligent-hiring claim over a contract employee's death at a drill site.
Ion Geophysical Corp. can't escape a $93.4 million lost-profits jury award over technology used for oil exploration beneath the ocean floor even though several of rival firm Schlumberger Ltd.'s related patent claims were struck down, Schlumberger told a Federal Circuit panel Friday.
Environmental groups and Native American tribes fought back against the federal government’s bid to dodge their lawsuits challenging President Donald Trump’s decision to shrink the Bears Ears and Grand Staircase-Escalante national monuments.
The House of Representatives passed a bill Friday that would remove Endangered Species Act protections for the gray wolf in Wyoming and the Western Great Lakes region and require a federal rule to remove protections for the species nationwide.
The Texas Supreme Court on Friday affirmed the constitutionality of state tax code sections on the valuation of heavy equipment, and that the statutes apply to pipeline compressors used to transport natural gas.
The Texas Supreme Court on Friday said it would not take up a bid by Dixie Equipment LLC to review a ruling against it in an arbitration dispute over the construction of a power plant in Mexico, leaving in place a $16.6 million award.
A Tenth Circuit panel has backed a lower-court's decision to dismiss a suit by a gas pipeline company against a group of landowners in Oklahoma, saying the company cannot condemn land and take control of it if the United States holds the land in trust for an Indian tribe.
Few federal energy and environmental policies are as fiercely fought over in court as the U.S. Environmental Protection Agency's Renewable Fuel Standard program, which requires an increasing amount of renewable fuels to be blended into the U.S. transportation fuel supply. Here's a look at where major RFS-related litigation stands and an update on whether a congressional solution to the legal standoff is in the cards.
The Commodity Futures Trading Commission, U.S. Securities and Exchange Commission and Utah’s securities regulator filed civil enforcement actions and obtained a temporary restraining order this week against a retail coin shop accused of defrauding at least 200 investors out of more than $170 million through a precious metals Ponzi scheme.
President Donald Trump said Friday that he intends to nominate U.S. Environmental Protection Agency acting Administrator Andrew Wheeler to stay in the job for the long haul.
Joshua Peck, incoming marketing director of Hill Wallack LLP, traces the evolution of the chief marketing officer position at law firms and shares insights from three legal marketing pioneers.
In its recent ruling in United States v. Nature’s Way Marine, the Fifth Circuit may have expanded the class of marine parties potentially liable under the Oil Pollution Act, says Andrew Stakelum of King & Spalding LLP.
The government of the United Kingdom recently issued its proposal for nuclear trade and collaboration with the European Union after Brexit. But future arrangements for the supply of nuclear fuel may not be finalized until after the U.K. leaves the EU, says Ian Truman of Burges Salmon LLP.
The U.S. Department of Transportation recently issued a rule that could create a faster, less duplicative environmental review process for transportation infrastructure projects. Samina Bharmal and Peter Whitfield of Sidley Austin LLP provide insight into its key features.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Katie DeBord, chief innovation officer at Bryan Cave Leighton Paisner LLP.
Based on last week's U.S. Supreme Court oral arguments in Virginia Uranium v. Warren, it appears the court will reject the Fourth Circuit’s reasoning that Virginia’s purpose is irrelevant to the question of whether the state's ban on mining is preempted by the Atomic Energy Act, says Michael Murphy of Gibson Dunn & Crutcher LLP.
With few cases going to trial, many attorneys keep their oral-presentation skills sharp by teaching continuing legal education programs. To avoid giving a CLE that falls flat and damages your reputation, you must fashion a thoughtful message, control its presentation, and nail the beginning and ending, says Daniel Karon of Karon LLC.
Last week's midterm elections changed the regulatory landscape for energy and the environment in three subtle yet significant ways, say attorneys with Kirkland & Ellis LLP.
Since the oldest members of Generation Z aren’t even finished with law school yet, law firm management is in a unique position to prepare for their entrance into the legal workforce, says Eliza Stoker of Major Lindsey & Africa.
The Federal Energy Regulatory Commission's enforcement staff recently recommended that FERC drop a case against Footprint Power LLC. This may be an effort to address criticism that the enforcement process has become a guaranteed win for the commission, say Todd Mullins and Christopher McEachran of McGuireWoods LLP.