Energy

  • November 15, 2017

    Westinghouse, Ex-Workers Told To Consolidate Complaints

    A New York bankruptcy judge on Wednesday told Westinghouse Electric Co. LLC and former employees at its canceled project to build two new nuclear reactors in South Carolina to come up with a plan to consolidate the former workers' suits against the company over lack of sufficient notice of the project's closure.

  • November 15, 2017

    Baker Botts, Addleshaw Goddard Attys Start Hong Kong Firm

    Two former Baker Botts attorneys have joined forces with the former leader of Addleshaw Goddard’s Asia mergers and acquisitions department to launch a new Hong Kong-based boutique firm, bringing their extensive experience in areas like international arbitration, complex transactions, intellectual property and energy and infrastructure projects.

  • November 15, 2017

    Enviros Urge 9th Circ. To Revive Wind Farm Challenge

    A conservation group has asked the Ninth Circuit to overturn a lower court decision tossing claims that the Bureau of Indian Affairs violated environmental law in approving a lease between a wind farm developer and a California tribe, saying the agency failed to do enough to protect golden eagles and other birds.

  • November 15, 2017

    Eni Unit, Nigerian Oil Co. Pause Row Over $500M Award

    A subsidiary of Italian oil giant Eni SpA seeking to confirm in the U.S. a nearly $500 million award against Nigeria’s state-owned oil company over a production-sharing contract can wait while a related Nigerian action resumes, a New York federal judge said Tuesday.

  • November 15, 2017

    Lenders In $25B EFH Loan Row Dispute Priority At 3rd Circ.

    An attorney for Marathon Asset Management LP and several Polygon Global Partners funds told the Third Circuit on Wednesday that loan documents gave his clients priority on what remains of a $1.25 billion portion of a $24.5 billion loan that is part of the massive Energy Future Holdings Corp. case.

  • November 14, 2017

    Puerto Rico Gov. Touts Sovereignty In $95B Aid Request

    The governor of Puerto Rico was ardent Tuesday in telling members of Congress that the hurricane-weary and debt-ridden territory will be a model of transparency as it seeks to receive nearly $95 billion in federal aid to help chart its own course on the path to recovery.

  • November 14, 2017

    CST Closes In On Sale Resolution With Buyer And Creditors

    Bankrupt steel storage tank maker CST Industries Holdings Inc. told a Delaware judge Tuesday that after a daylong hearing on its proposed sale to a stalking horse bidder, it was close to a deal that would resolve the objections of unsecured creditors and pave the way for a consensual transaction.

  • November 14, 2017

    Venoco Pitches Deal With Beverly Hills Over Old Well Site

    Bankrupt oil and gas driller Venoco Inc. proposed a settlement with the city of Beverly Hills and its school district late Monday, saying it would contribute to the capping and plugging costs of an abandoned well site and related pipeline on the campus of Beverly Hills High School.

  • November 14, 2017

    DOJ Vows To Prosecute Activists Who Damage Pipelines

    The U.S. Department of Justice said last week that protesters who damage oil pipelines will be prosecuted to the full extent of the law, but the agency did not specify whether charges for environmental activists would include domestic terrorism.

  • November 14, 2017

    CFTC Fines Norwegian Energy Co. $4M For Index-Rigging

    A Norwegian energy company will pay a $4 million penalty to resolve claims it tried to manipulate the Argus Far East Index, a benchmark index for propane gas prices, to boost the value of financial positions held by the company, the U.S. Commodities Futures Trading Commission said Tuesday.

  • November 14, 2017

    ICSID Halts $800M Award Over Pakistan Power Plant Seizure

    The International Centre for Settlement of Investment Disputes has agreed to stay the execution of an award to a Turkish energy firm said to be worth $800 million after Pakistan seized one of its floating oil-burning power stations in 2013, according to news reports.

  • November 14, 2017

    Cenovus Sells Stake In Oil Recovery Operation For $738M

    Canadian integrated oil company Cenovus Energy Inc. said Monday it is selling its majority stake in a Weyburn-carbon-dioxide enhanced oil recovery operation to Whitecap Resources Inc. for CA$940 million (US$738 million), the fourth deal of its kind that Cenovus has inked since September.

  • November 14, 2017

    Voting Pushed Back As Breitburn Energy Ch. 11 Heats Up

    The restructuring of Breitburn Energy Partners LP is headed for a showdown between the debtor and its fed-up shareholders and unsecured creditors, after those groups promised to fight the proposed Chapter 11 plan to the bitter end in a New York bankruptcy court hearing on Tuesday.

  • November 14, 2017

    8th Circ. Nixes DAPL Protesters' Bid To Block Police Tactics

    The Eighth Circuit on Tuesday affirmed a North Dakota federal judge's dismissal of a bid by Dakota Access pipeline protesters to block police from using excessive force when responding to civil protests, saying there's no evidence the lower court abused its discretion in denying the protesters' injunction bid.

  • November 14, 2017

    WTO Gives S. Korea Partial Win In US Oil Pipe Duties Scrap

    A World Trade Organization dispute settlement panel handed South Korea a measure of victory in its challenge of U.S. tariffs on steel pipes used in oil production on Tuesday, though the panel also limited the damage for the U.S. by turning away a litany of Seoul’s arguments.

  • November 14, 2017

    Judge Reverses Confirmation Of €128M Award Against Spain

    A New York federal judge on Monday granted the Spanish government’s request to nix the confirmation of a €128 million ($151 million) arbitral award to two foreign companies in a dispute with Spain over renewable energy subsidies, pointing to two recent Second Circuit decisions.

  • November 14, 2017

    Pause $2.2B Nexus Pipeline, Enviros Urge DC Circ.

    The Sierra Club asked the D.C. Circuit on Monday to pause the $2.2 billion Nexus gas pipeline while the Federal Energy Regulatory Commission considers its challenge to the project, saying the commission hasn’t proven a public benefit and that allowing it would cause its members irreparable environmental harm.

  • November 14, 2017

    Conservative Think Tank Sues For Paris Climate Deal Info

    The Competitive Enterprise Institute sued the U.S. State Department in D.C. federal court Monday, seeking communications from two officers the free-market think tank claims advised the Obama administration on how to sign the U.S. onto the Paris climate change agreement without getting congressional approval.

  • November 14, 2017

    $8.1B Deal Completes Marathon Petroleum MLP Drop-Downs

    Marathon Petroleum Corp. said Monday it would drop down a package of refining and fuel distribution assets to the master limited partnership it controls for $8.1 billion, the last of several drop-downs completed by the refiner this year amid pressure from activist investor and hedge fund Elliott Management.

  • November 13, 2017

    Texas Justices Won't Hear $9.6M Well-Blowout Coverage Row

    The Texas Supreme Court has refused to take up a petition for rehearing from Drilling Risk Management Inc., leaving in place a lower appellate court's ruling that stripped the drilling contractor of a $9.63 million award after its insurers refused to cover certain costs following two underwater well blowouts.

Expert Analysis

  • Series

    Making Pro Bono Work: Can You Practice In Your State?

    Eve Runyon

    The justice gap is a well-documented problem and over the past two decades, law firms have mobilized attorneys to provide millions of hours of pro bono every year. But for many in-house counsel, there remains a big hurdle — restrictive multijurisdictional practice rules, says Eve Runyon, president and CEO of Pro Bono Institute.

  • Opinion

    Representing Women At The Intersection Of Law And Finance

    Andrea Mitchell

    To the extent that companies have tolerated predominantly male leadership in the past because it was deemed necessary for growth and prosperity, or viewed diversity and the underrepresentation of women strictly as human resources issues, a growing body of research suggests otherwise, say Andrea Mitchell and Valerie Hletko of Buckley Sandler LLP.

  • Series

    Making Pro Bono Work: Building Sponsorship Relationships

    Michael Scudder

    Within their first year, associates should make it a priority to take on a pro bono matter and approach a partner about supervising the project. By collaborating with a partner on a pro bono case, young associates can cultivate sponsorship relationships while simultaneously contributing to the public good, say Michael Scudder and Jay Mitchell of Skadden Arps Slate Meagher & Flom LLP.

  • House Bill Would Raise Stakes Of Congressional Inquiries

    Steven Ross

    On Monday, the House passed a bill that, if enacted, would shift the current landscape regarding judicial review of congressional subpoenas and place significant burdens on all recipients of such subpoenas, say attorneys with Akin Gump Strauss Hauer & Feld LLP.

  • Clean Water Act Challenges To Pipeline Projects: Part 2

    Joel Beauvais

    A slew of recent court rulings have addressed challenges to state pipeline permitting decisions under the Clean Water Act. The cases include industry appeals of high-profile permit denials by the state of New York, and environmental groups' objections to project certifications by other states. These rulings set important precedents, say Joel Beauvais and Janna Chesno of Latham & Watkins LLP.

  • Series

    What I Learned In My 1st Year: Be A Sponge

    Patrick Mendes

    As a new attorney, it was astonishing to realize how little I knew. I soon began to appreciate that everyone I met had a unique take or way of doing something. Many things I learned during that first year from my colleagues are still incorporated into my practice today, says Patrick Mendes of Tyson & Mendes LLP.

  • Series

    Making Pro Bono Work: Beyond The Hurdles

    Ann Warren

    There are various barriers to corporate pro bono work, including lack of malpractice insurance coverage, limited resources, and the transactional nature of the majority of in-house legal work. But at the end of the day, we’ve overcome many of these barriers, says Ann Warren, associate general counsel of Duke Energy Corp.

  • Clean Water Act Challenges To Pipeline Projects: Part 1

    Joel Beauvais

    Pipeline development in the United States is increasingly contentious, with states using Section 401 of the Clean Water Act to push back against new projects. The relevant statutory framework and recent court and Federal Energy Regulatory Commission decisions will continue to provide fertile ground for litigation, say Joel Beauvais and Janna Chesno of Latham & Watkins LLP.

  • Series

    Judging A Book: Pryor Reviews 'Scalia Speaks'

    Judge William Pryor

    Christopher Scalia and Edward Whelan have published an indispensable collection of the late Justice Antonin Scalia's best speeches. "Scalia Speaks: Reflections on Law, Faith, and Life Well Lived" puts on full display Justice Scalia’s skilled writing, quick wit and uncommon wisdom on a wide range of topics — from law to turkey hunting, says Judge William Pryor of the Eleventh Circuit.

  • In A Town's Fight Against Gas Drilling, Preemption Is Key

    Garrett Trego

    In Seneca v. Highland Township, a federal judge in Pennsylvania recently reiterated that local laws prohibiting natural gas drilling are preempted by state and federal statutes. While the township was creative in its tactics, the decision ultimately strengthens the industry's hand, and may expedite similar disputes in the future, says Garrett Trego of Manko Gold Katcher & Fox LLP.