Rosenthal Monhait & Goddess PA and CSS Legal Group PLLC were chosen Friday to lead a Delaware Chancery Court consolidated class action alleging a natural gas well investment partnership’s plan to convert into a corporation will deny preferred unitholders payments they are owed and depress the value of their holdings.
The U.S. Forest Service on Friday urged the Ninth Circuit to reject a bid by environmental groups to undo a panel ruling that backed a lower court's decision rejecting their challenge to a uranium mining project near the Grand Canyon.
In this monthly series, legal recruiting experts at Major Lindsey & Africa interview law firm management about navigating an increasingly competitive business environment. Here we feature Gillian Ward, chief marketing officer at Baker Botts LLP.
The Supreme Court of Texas on Friday shot down claims against Schlumberger Technology Corp. by a man who says he developed skin cancer from exposure to chemicals at a well site, ruling the trial court correctly found the claims had been filed too late and that an appellate court was wrong to try to revive them.
The Ninth Circuit on Thursday rebuffed a bid by Hawaii's Maui County to freeze the effect of a recent ruling that made wastewater injections whose pollution reaches navigable U.S. waters via groundwater subject to Clean Water Act permitting requirements, while the county pursues a U.S. Supreme Court appeal.
Slovakia violated European Union rules by imposing an 80 percent tax on the trading of greenhouse-gas emission credits, the bloc’s highest court ruled Thursday.
Reed Smith LLP has hired an international arbitration pro from Norton Rose Fulbright with a background representing mining, oil and gas clients for its office in Singapore, the firm said recently.
The D.C. Circuit on Friday vacated the National Labor Relations Board's finding that a Texas electric company illegally fired a worker over his testimony at a state Senate hearing, directing the board to flesh out how it decides whether federal labor law protects workers when they criticize their employers before third parties.
Massachusetts' top court on Friday upheld the dismissal of ExxonMobil's legal challenge of Massachusetts Attorney General Maura Healey's climate change probe, dealing the oil giant a second defeat within a month in its fight against her investigation into whether Exxon concealed its climate knowledge from investors.
NextEra Inc. objected late Wednesday in Delaware to a motion to dismiss its $60 million administrative expense claim against the estate of reorganized debtor Energy Future Holdings Inc., saying it is entitled to payment of the costs it incurred while pursuing an acquisition of the debtor’s assets last year.
Two attorney groups argued Thursday for the lead counsel role in a Delaware Chancery Court class action challenging a natural gas well investment partnership’s plan to convert into a corporation, saying the deal could cost preferred unitholders more than $237 million.
A former top aide to U.S. Environmental Protection Agency Administrator Scott Pruitt said he and others were punished with demotion, marginalization and threats when they raised concerns about possible ethics problems related to Pruitt’s spending and management, several congressional Democrats said Thursday.
A California federal judge said Thursday he’s inclined to toss with leave to amend a putative securities class action claiming SunPower Corp. fraudulently overstated its financial projections, causing its stock to drop 30 percent, saying the fraud allegations are insufficient and “there’s nothing hidden from the public here.”
A pipeline operator and its board of directors have violated the Exchange Act by omitting certain financial information from documents filed with the U.S. Securities and Exchange Commission relating to a merger agreement, says a proposed class action filed Thursday in Delaware federal court.
President Donald Trump on Thursday instructed the U.S. Environmental Protection Agency to make it easier for states and industries to comply with national air emissions standards for pollutants like ozone, nitrogen dioxide and lead, a move promptly denounced by environmentalists.
Level Solar Inc. narrowly fended off a bid by its former CEO to liquidate the case, after a New York bankruptcy judge admonished both parties for “mudslinging nonsense” at a contentious hearing Thursday while saying she would give the debtor a few more weeks to get its act together.
A Ruben Cos. venture has reportedly landed a $205 million loan from MetLife for a New York property, Miller Oil's Augustus Miller is said to have dropped $9.5 million on a Florida medical office center, and a Walton Street venture is reportedly buying an Illinois office complex for $125 million.
A dispute between Statoil Gulf Services LLC and an accountant who alleged she was fired in retaliation after telling superiors she believed some in the company were committing shareholder and securities fraud in violation of federal law, has been settled, the parties told a federal judge in Texas on Wednesday.
The U.S. Senate on Thursday confirmed Faegre Baker Daniels LLP attorney and lobbyist Andrew Wheeler to serve as the U.S. Environmental Protection Agency's deputy administrator, putting in place a potential replacement who could step in as acting EPA chief if Administrator Scott Pruitt is fired or steps aside.
Williams Partners LP on Wednesday asked the Federal Energy Regulatory Commission to approve a proposed $405 million expansion of its Transcontinental natural gas pipeline system in several Southeastern states in order to provide increased supplies within the region.
Since passage of the Trump tax plan last year, companies have been touting bonuses they’ve handed down to rank-and-file employees. This highlights the trend of employers favoring bonuses over pay raises in the belief that variable, short-term rewards are less risky to the business than permanent increases in labor costs. But law firms have used this strategy for years — and there are dangers, says Michael Moradzadeh of Rimon PC.
Next month, the California Department of Tax and Fee Administration will hold an interested parties meeting regarding a partial sales and use tax exemption for electric generation and distribution equipment. Attorneys from Eversheds Sutherland LLP explain how the exemption has changed this year and why stakeholders may want to weigh in.
Over the past few years, forward-thinking law firms have expanded their talent pools to include a chief innovation officer, whose responsibilities include spearheading the implementation of technology. It is a smart move, says Mark Williamson, co-founder and chief technology officer at Hanzo Archives Ltd.
Equity security holders are increasingly requesting the appointment of official equity committees to represent their interests in bankruptcy cases. Shivani Shah of Norton Rose Fulbright examines the bases for such appointments and the standard that courts apply in evaluating such requests.
Just last month, a number of legal groups asked the Northern District of California to strike its rule requiring that, before seeking federal court admission, attorneys first be licensed by the state of California. It is irrational to exclude seasoned federal practitioners from general admission due to state bar approval while allowing raw state lawyers who have never been inside a federal courtroom, says attorney EJ Hurst.
Despite the current momentum of federal deregulation, state agencies are buttressing consumer protections and ensuring there is no lapse in enforcement. State attorneys general are leading a charge into the perceived vacuum where federal agencies have retreated. The decentralization of oversight demands a more strategic, proactive approach to compliance, says Ashley Taylor of Troutman Sanders LLP.
The decision by Venezuela’s state-owned oil company PDVSA to pursue claims in the U.S. over an alleged bribery scheme raises a number of legal and strategic issues not just for the defendants named in the suit, but also for PDVSA’s bondholders and creditors of the republic, say Richard Cooper and Boaz Morag of Cleary Gottlieb Steen & Hamilton LLP.
Last month, the Federal Energy Regulatory Commission revised its regulations to require all newly interconnecting generation facilities to install, maintain and operate equipment capable of providing primary frequency response. Because this order may impose significant costs and disadvantage new generation in the marketplace, legal challenges are likely, say attorneys with Bracewell LLP.
Proposed amendments to the Federal Rules of Civil Procedure Rule 23, which governs class actions, are set to take effect on Dec. 1, 2018, pending approval. The amendments would significantly alter class action litigation procedure from notice to settlement, says Niki Mendoza of Garden City Group LLC.
The recent announcement of new steel and aluminum tariffs provided few answers regarding their scope and operation. The sooner definite procedures for exclusions and exemptions are established, the better for the global economy, say Donald Cameron and Mary Hodgins of Morris Manning & Martin LLP.