Looking to confirm a proposed Chapter 11 reorganization plan, attorneys for Breitburn Energy Partners LP fought Tuesday to demonstrate that a committee of shareholders are using flawed methods to calculate what the oil and gas company is worth and is overestimating by about $2 billion.
Reed Smith LLP has announced the addition of a former Katten Muchin Rosenman LLP attorney in Houston, bolstering the firm’s energy and natural resources group with his practice focused on workplace safety and environmental concerns.
The Nez Perce Tribe told the Ninth Circuit on Friday that a lower court’s determination that the government must boost water releases and monitoring at a series of dams along the Columbia and Snake rivers to protect salmon and steelhead was correct, arguing the order was necessary and lawful.
Aramco reportedly snubbed UBS and Bank of America Merrill Lynch, JD.com’s logistics unit wants to raise at least $2 billion in a funding round, and Saudi Arabia’s sovereign wealth fund is in talks to invest more than $500 million in the parent company of Hollywood talent agency WME.
King & Spalding LLP on Tuesday announced that a former Kirkland & Ellis LLP restructuring partner has become the fifth partner to join its new Chicago office.
A Spanish construction firm on Friday dropped its efforts to throw out a more than $18 million arbitration award issued to an Italian company over a contract dispute on a Guatemalan hydroelectric project after the two sides told a Florida federal judge they’d settled.
Energy Transfer Equity LP and Energy Transfer Partners LP will sell their natural gas compression business to USA Compression Partners LP in a $1.8 billion deal guided by teams from Vinson & Elkins LLP and Latham & Watkins LLP, the companies announced Tuesday.
The Patent Trial and Appeal Board ruled Tuesday a Sipco LLC wireless communication patent was invalid under the U.S. Supreme Court’s Alice standard, after rejecting arguments that the patent wasn’t eligible for covered business method review.
The U.S. Supreme Court on Tuesday refused to review the Fifth Circuit's ruling that a dispute over whether a Texas utility's liability should be capped if it ended power purchases from a wind power supplier wasn't sufficiently ripe for the court to compel arbitration between the parties.
Pennsylvania environmental regulators announced Tuesday they had collected $1.7 million in fines from Energy Corp. of America following a series of spills and other violations at natural gas fracking sites across two counties.
The French government's recovery of €1.37 billion ($1.7 billion) in tax breaks from an electric company was proper because the amount constituted illegal state aid, the General Court of the European Union ruled Tuesday, upholding the European Commission's latest decision in the long-running dispute.
The Federal Energy Regulatory Commission on Friday rejected the $195 million sale of a West Virginia coal-fired power plant by a FirstEnergy Corp. merchant power unit to one of its utilities, following a Gibson Dunn & Crutcher LLP partner's direct appeal to a commissioner, who quickly "terminated the communication."
ExxonMobil told a judge Friday it has made its case that climate change probes launched by the attorneys general of New York and Massachusetts violate its free speech rights, documenting meetings between New York Attorney General Eric Schneiderman and climate activists to bolster its argument.
The U.S. Supreme Court on Tuesday refused to consider a challenge to Nevada’s imposition of higher use taxes for mineral resources mined out of state compared with those mined in state, despite an electric utility company arguing that the policy was discriminatory.
Oil and natural gas driller EXCO Resources Inc. on Monday filed for Chapter 11 protection in Texas bankruptcy court, saying sustained low oil and gas prices have left it more than $1.3 billion in debt.
BP said Tuesday it anticipates a $1.7 billion charge in its 2017 fourth-quarter financial results, reflecting a greater value of settlement claims related to the 2010 Deepwater Horizon spill and the Fifth Circuit’s May rejection of most of the formula the company was using to calculate economic losses from the disaster.
Law360’s Firms of the Year rose above the competition with a combined 24 Practice Group of the Year awards after helping their clients win game-changing judgments and close record-breaking deals in 2017. Here’s a closer look at how they landed at the top.
Law360 congratulates the winners of its 2017 Practice Group of the Year awards, which honor the law firms behind the litigation wins and major deals that resonated throughout the legal industry in the past year.
The president of a nuclear transportation company was charged with fraud, money laundering and violating the Foreign Corrupt Practices Act for his alleged connection to a scheme to bribe the Russian state uranium supplier to land contracts with the government monopoly, prosecutors said Friday.
EU approval of Qualcomm's deal for NXP could happen soon, Hyundai Oilfield has tapped six banks to guide it through an IPO, and investment manager D.E. Shaw & Co. snapped up an active stake in home improvement retailer Lowe's as the industry struggles under the weight of online shopping.
In U.S. v. American Commercial Lines, the Fifth Circuit offered only narrow limitations to liability under the Oil Pollution Act. Based on this recent ruling, full liability may be triggered by any act or omission that occurs as a result of a contractual relationship, say Christopher Hannan and Kat Statman of Baker Donelson Bearman Caldwell & Berkowitz PC.
Dec. 19 marked the 40th anniversary of the Foreign Corrupt Practices Act. Catch up on this series featuring reflections from attorneys who have played a role in the evolution of FCPA enforcement, defense and compliance.
The question I ask about new technology is how can it improve the quality of my practice — and my life? This year, the iPhone X, the Apple Watch Series 3 and a .LAW domain have proven to be great investments, for professional and personal reasons, says attorney Paul Kiesel of Kiesel Law LLP.
Bartlit Beck was a wonderful place to work for 18 years, and the lawyers there are not only excellent attorneys but also great people. That said, I can look analytically at the Bartlit Beck fee model and make some observations on its pros and cons, says J.B. Heaton, founder of investment analytics company Conjecture LLC.
We tell jurors how important they are to the successful implementation of our judicial system, but oftentimes we don’t treat them with the reverence they deserve. U.S. District Judge Amos Mazzant III of the Eastern District of Texas, Lisa Blue of Baron and Blue, and Robert Hirschhorn of Cathy E. Bennett & Associates advocate three improvements to give jurors an active role in our civil and criminal jury trials.
Last month, the Ninth Circuit became the latest federal appellate court to consider the implications of the anti-duplication provision of the Resource Conservation and Recovery Act. This is an important decision because it further clarifies the limiting scope of this provision, which is unique to RCRA, say Anthony Cavender and Amy Pierce of Pillsbury Winthrop Shaw Pittman LLP.
U.S. Department of Justice prosecutors and law enforcement partners have secured more foreign bribery-related trial convictions and guilty pleas this year than in any other year in the history of the Foreign Corrupt Practices Act, in fact by almost twice as much. These are all significant cases with significant impacts, says Daniel Kahn, chief of the DOJ's FCPA Unit.
It used to be that hiring a good law firm was the single most important thing a company could do when facing litigation. You could now make the case that an organization’s most powerful asset in prosecuting or defending a claim is its information, says Linda Sharp, associate general counsel of ZL Technologies and chair of the ACC Information Governance Committee.
One key takeaway from the Bonn Climate Talks — which recently brought together negotiators from close to 200 countries to discuss implementation of the Paris agreement — is that energy companies must seriously consider potential lawsuits linking their business operations with human rights violations and climate change, say Viren Mascarenhas and Kayla Winarsky Green of King & Spalding LLP.
In its new report on the effects of automation in the workplace, McKinsey Global Institute identifies lawyers as less susceptible to the sort of automation that could put one-third of American workers out of a career by 2030. This may seem reassuring, but it doesn't mean automation won't disrupt our bottom line, says Michael Moradzadeh of Rimon PC.