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Energy

  • October 18, 2018

    Baker Botts Guides $950M Valero Deal, Ending MLP

    Valero Energy Corporation will acquire all of Valero Energy Partners LP’s outstanding public common units, worth about $950 million, in a deal ushered in by Baker Botts on Thursday that abandons the companies’ master limited partnership structure.

  • October 18, 2018

    Zinke Touts New Moves On Offshore Wind Development

    The U.S. Department of the Interior will hold an offshore wind auction off the Massachusetts coast in December and is developing a first-ever Pacific offshore wind auction in California, Secretary of the Interior Ryan Zinke said Wednesday.

  • October 18, 2018

    Ill. High Court Says Ameren Can Take Land For Power Line

    The Illinois Supreme Court sided Thursday with electric utility Ameren Corp. in its fight to take land from 35 property owners for a new power line, reversing a lower court’s ruling that a state eminent domain statute was unconstitutional.

  • October 18, 2018

    Noble Group Seeks US Protection During $3.5B Restructuring

    Global commodity trader Noble Group Ltd. is asking a New York bankruptcy court to shield its U.S. assets while its plan to restructure $3.5 billion in debt works its way through English courts.

  • October 18, 2018

    Energy Co. Must Pay Long-Term Benefits To Fired VP: 5th Circ.

    A Fifth Circuit panel on Thursday found a federal district court erred when it ruled a former CETCO Energy Services Company employee couldn’t get certain incentive payments outlined in his contract, remanding the case to determine how much in long-term incentive benefits he is owed.

  • October 18, 2018

    Fed. Circ. Tells PTAB To Consider Success Of Oil Invention

    The Federal Circuit on Thursday threw out the Patent Trial and Appeal Board's decision that part of a LiquidPower Specialty Products Inc. patent related to the transport of crude oil was obvious, saying the board needs to consider evidence of the invention's success.

  • October 18, 2018

    Wash. Tells Justices Tribal Right Isn't Violated By Fuel Tax

    The Washington State Department of Licensing told the U.S. Supreme Court to reverse a state Supreme Court ruling in favor of a tribal fuel distributor, saying a fuel tax does not violate the Yakama Nation’s right to travel on public highways and the company read a tribal treaty right too broadly while mischaracterizing state law.

  • October 18, 2018

    Spanish Co. Seeks OK Of $2B Egypt Natural Gas Plant Award

    A Spanish natural gas company has sought enforcement from a D.C. federal court of its approximately $2 billion award against Egypt, issued after an international tribunal concluded the country was responsible for cutting off the gas supply to liquefaction facilities the company operated.

  • October 18, 2018

    Deals Rumor Mill: Vista Equity, Palantir, Warburg Pincus

    Vista Equity Partners has raised $11.4 billion for its seventh fund, Palantir Technologies Inc. is considering going public, and Warburg Pincus is weighing selling off Navitas Midstream Partners LLC for $3 billion.

  • October 18, 2018

    Giordano Halleran Adds Ex-Fox Rothschild Energy Pro In NJ

    Giordano Halleran & Ciesla PC has added as a shareholder a seasoned energy lawyer from Fox Rothschild LLP amid plans of launching an energy and public utilities practice group that would assist clients in making improvements to New Jersey’s energy infrastructure.

  • October 18, 2018

    Ill. Class Sues Power Retailer Over 'Bait & Switch' Pricing

    A new proposed class action in Illinois federal court takes aim at Sperian Energy Corp., accusing the retail electric supplier of a classic “bait and switch” scheme that fleeced consumers.

  • October 18, 2018

    Tariff Exemption Process Prompts Suit From Watchdog Group

    A government watchdog group sued the U.S. Department of Commerce in D.C. federal court Thursday, alleging the agency has ignored the group’s effort to learn more about the Trump administration’s controversial process for importers to earn relief from its steel and aluminum tariffs.

  • October 18, 2018

    FAA OKs Drone Operation With Radar Beyond Line Of Sight

    The Federal Aviation Administration has approved drone maker Avitas Systems' request to operate a commercial drone beyond visual line of sight in a Texas oil field without a second spotter, setting a new precedent for commercial drone operations, the company recently announced.

  • October 18, 2018

    US Presses High Court Again To End Kids' Climate Suit

    The federal government on Thursday again urged the U.S. Supreme Court to toss a youth lawsuit accusing it of failing to protect future generations from climate change, in a last-ditch effort to stave off a landmark trial that is less than two weeks away.

  • October 17, 2018

    Marine Surveyor Can't Escape $500M Chevron Rig Suit

    A Texas federal judge on Tuesday held that marine surveyor American Global Maritime Inc. must face negligence claims asserted by insurance underwriters seeking to hold it liable for $500 million in losses from the failure of an offshore oil rig built for Chevron, while tossing other claims against the surveyor and dismissing its foreign affiliates from the suit.

  • October 17, 2018

    French Renewable Energy Provider Neoen Prices €628M IPO

    French renewable energy firm Neoen SA began trading on Paris' Euronext market in a €628 million ($722 million) initial public offering Wednesday, marking the largest offering in more than a year on the Paris exchange and the biggest in the European renewable energy space so far in 2018.

  • October 17, 2018

    Enviros Sue FWS To Protect 550,000 Acres Of Bird's Habitat

    The Center for Biological Diversity on Wednesday sued the U.S. Fish and Wildlife Service for allegedly violating the Endangered Species Act by failing to designate about 550,000 acres of critical habitat in nine states for the western yellow-billed cuckoo.

  • October 17, 2018

    Energy Co. Says $50M Moldova Award Row Should Proceed

    A Ukrainian energy company urged a D.C. federal court on Wednesday to reopen its lawsuit seeking to confirm an approximately $50 million arbitral award against the Republic of Moldova, arguing that a renewed set-aside proceeding in France does not mean the suit has to remain on hold.

  • October 17, 2018

    A High Court Milestone Stirs Hope Of Gender Parity

    After an emotionally fraught confirmation process with sexual misconduct allegations front and center, a new justice joins the Supreme Court bench and brings four female clerks with him. The hires bring gender parity to the court's clerkship ranks for the first time, but will the shift be long-lasting?

  • October 17, 2018

    Eversheds Sutherland Nabs Ex-Baker Botts Trade Pro In DC

    Eversheds Sutherland has bolstered its international trade and energy practices with the addition of a former Baker Botts LLP partner, according to the firm.

Expert Analysis

  • Series

    Trade Wars: Top 10 Trump Trends

    Charles Skuba

    The inner workings of the Trump economics and trade team remain foggy, but the administration's trade strategy can be discerned from the public statements of the president and his advisers. Unpredictability, mercantilism, bilateralism and a willingness to accept collateral damage are among the most important patterns, says Charles Skuba of Georgetown University’s McDonough School of Business.

  • EPA's New Approach To Interstate Air Pollution Under CAA

    Norman Fichthorn

    Over the last two decades, the U.S. Environmental Protection Agency’s efforts to address interstate air pollution under the Clean Air Act have yielded a series of complex federal regulatory programs. However, it's now signaling a method that involves greater deference to states’ analyses and determinations, says Norman Fichthorn of Hunton Andrews Kurth LLP.

  • 6th Circ. Creates Deep Divide Over Reach Of CWA

    Anthony Cavender

    Despite the Clean Water Act's long history, recent decisions from the federal appellate courts — including two opinions from the Sixth Circuit last month — have raised new questions about several issues that once seemed settled, say Anthony Cavender and Amy Pierce of Pillsbury Winthrop Shaw Pittman LLP.

  • How The Affordable Clean Energy Rule Impacts Oil And Gas

    Carroll McGuffey

    The U.S. Environmental Protection Agency’s proposed replacement for the Clean Power Plan, dubbed the Affordable Clean Energy rule, is now open for comment. The rule could cost the coal industry and coal-fired power plants millions, but there are a number of elements that the oil and gas industry must consider as well, says Carroll McGuffey of Troutman Sanders LLP.

  • Series

    Trade Wars: Tariffs Threaten To Outweigh Tax Reform Gains

    Erica York

    In the next installment of this series examining the dimensions of the Trump administration's trade agenda, Erica York of the Tax Foundation discusses how the economic harm caused by tariffs could slow or offset the economic and employment benefits of tax reform.

  • A Holistic Approach To Client Retention

    Dan Tacone

    In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.

  • Series

    Trade Wars: When Trade And National Security Converge

    Mario Mancuso

    Increasing tariffs, new scrutiny of foreign investments in U.S. companies, and export controls over “emerging and foundational” technology are part of a Trump administration strategy to advance national security objectives using economic tools. These measures are ushering in a new era of trade restrictions, say attorneys with Kirkland & Ellis LLP.

  • Q&A

    A Chat With Allens Pricing Chief Pier D'Angelo

    Pier D'Angelo

    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 Pier D'Angelo, chief pricing and practice officer at Allens.

  • Series

    Trade Wars: Anti-Dumping And Countervailing Duty Trends

    Shelby Anderson

    In the first article of this special series on the Trump administration's trade policies, attorneys from Covington & Burling LLP explore how a notable increase in U.S. anti-dumping and countervailing duty enforcement actions is creating significant compliance challenges for foreign companies and U.S. importers.

  • CFIUS Pilot Program: Immediate Investment Implications

    Ama Adams

    The Committee on Foreign Investment in the United States has announced a pilot program to review noncontrolling foreign investments in certain U.S. industries that were formerly outside the scope of its jurisdiction. This is a rapid assertion of CFIUS' new powers under the Foreign Investment Risk Review Modernization Act, say attorneys with Ropes & Gray LLP.