The new co-chairs of Post & Schell’s construction, government contracts and surety law group are looking to serve more of the mid-Atlantic region and take advantage of the area’s growing need for infrastructure projects as they take the helm, they told Law360.
Engie is reportedly once again interested in buying a multibillion-dollar Brazilian gas transportation business, multiple suitors are vying for the potentially $2 billion oil and gas unit of Italian energy company Edison, and China's Canaan is considering a U.S. IPO that could raise about $1 billion.
The board of U.K.-based Faroe Petroleum PLC said Wednesday the company likely has no choice but to accept a sweetened £614.7 million ($816 million) takeover offer lodged by Norwegian oil and gas company DNO ASA, citing the fact that DNO has amassed a controlling stake in Faroe.
A fuel industry group has urged the U.S. Supreme Court to review the Ninth Circuit's decision upholding Oregon low-carbon fuel standards that the group claims unconstitutionally discriminate against out-of-state fuels, arguing the ruling squarely conflicts with high court precedent and creates a circuit split.
A Colorado federal judge greenlit a settlement between the Center for Biological Diversity and the U.S. Fish and Wildlife Service, ending a suit that accused the government of improperly delaying its critical habitat designations for the western yellow-billed cuckoo.
Akin Gump has announced it is adding two former committee chairs in the U.S. House of Representatives, Republicans Ileana Ros-Lehtinen of Florida and Lamar Smith of Texas, to its public law and policy practice, one of Washington's largest lobbying outfits.
Attorneys for bankrupt oil storage firm Fairway Energy LP told a Delaware bankruptcy judge Tuesday that its Chapter 11 proceedings should remain in the First State to facilitate marketing efforts for its underground oil storage operations on a national level.
Pennsylvania Gov. Tom Wolf, acknowledging the state's role as a major energy provider and transportation hub, on Tuesday ordered the state government to reduce greenhouse gas emissions by 26 percent from 2005 levels by 2025.
BP announced Tuesday that it will be expanding its drilling activities in the Gulf of Mexico and that recent advances in seismic imaging have allowed it to identify an additional 1 billion barrels' worth of oil.
The Fourth Circuit on Tuesday threw out South Carolina’s bid to block the federal government from closing a nuclear fuel processing facility near the Savannah River, reversing a district judge who had granted the state a preliminary injunction.
When Gavin Newsom became the 40th governor of California on Monday, he inherited arguably the most aggressive long-term plans to tackle climate change in the U.S., and Golden State watchers say his administration must clear several regulatory, legislative and practical hurdles to put those plans into action.
A tribunal has ended a nearly nine-year arbitration over Venezuela’s seizure of gas compression and power-generation facilities owned by an Exterran Holdings Inc. unit after the country fulfilled the terms of a roughly $442 million settlement reached more than six years ago.
Prosecutors will not be allowed to introduce evidence of an alleged $1 billion in investor losses at next month's criminal trial for four former Platinum Partners executives accused of defrauding the hedge fund's investors, a New York federal judge ruled Tuesday.
First Circuit judges wondered during oral arguments Tuesday whether a Massachusetts town could use state regulators to ensnare a unit of Enbridge Inc. in a Catch-22 in the town's efforts to block a compressor station slated to be part of a major pipeline project.
Murphy Oil Corp. cannot force a Liberty Mutual unit to fund its defense of a $25 million lawsuit blaming the oil company for a huge fire at a refinery it sold to Valero Energy Corp., an Arkansas federal judge ruled on Tuesday, because Valero’s complaint seeks only uncovered breach-of-contract damages.
The Electric Power Supply Association filed two petitions asking the U.S. Supreme Court to review nuclear power subsidy programs in Illinois and New York, arguing that they stepped on the Federal Energy Regulatory Commission's role in regulating electricity power markets.
Curtis Mallet-Prevost Colt & Mosle LLP won't be disqualified — at least not yet — from defending a former Platinum Partners founder against a suit brought by the hedge fund's liquidators over an alleged $1 billion fraud, despite having represented the fund in the past, U.S. District Judge Jed S. Rakoff said Monday.
A judge in the U.S. Court of Federal Claims said Duke Energy's suit against the government over its alleged failure to remove nuclear fuel waste from Duke's now-shuttered nuclear power plant in Crystal River, Florida, said the litigation may continue, ruling that the suit does not present the same issues as Duke's other suits over the waste removal.
A former in-house attorney at a Mitsubishi Chemical Corp. unit pushed back Friday against a motion to have her suit accusing the company of gender discrimination tossed out of New York federal court.
Two pension funds suing SunEdison for failing to disclose financial problems that later led the renewable energy giant’s stock price to collapse secured class certification on Monday, after a New York federal court split the single proposed class into two separate subclasses.
Oral argument in Lorenzo v. U.S. Securities and Exchange Commission revealed clear divisions within the U.S. Supreme Court on the type of conduct that forms the basis of liability under Rule 10b-5, say attorneys with Alston & Bird LLP.
In the second installment of this two-part series about four carbon pricing policy plans that garnered attention in 2018, Noah Kaufman of Columbia University's Center for Global Energy Policy discusses the potential impacts each would have on emissions, energy markets and the economy.
Four carbon pricing policy plans garnered attention in 2018, including the first bipartisan federal carbon tax proposal in eight years. In the first installment of this two-part series assessing the potential impacts on emissions, energy markets and the economy, Noah Kaufman of Columbia University's Center for Global Energy Policy looks at the similarities and differences.
Landmark California legislation going into effect in January requires the two largest pension funds in the U.S. to publicly report on their climate-related financial risks, which should result in more widespread adoption of financial disclosure recommendations from the Financial Stability Board, say attorneys with CKR Law LLP.
The chances that major transportation and infrastructure legislation may be passed have increased with the election of a House Democratic majority, and efforts to streamline permitting and regulation by federal agencies may further advance the prospects of significant infrastructure development, say attorneys with Squire Patton Boggs LLP.
When reading Tim Wu’s new book, "The Curse of Bigness: Antitrust in the New Gilded Age," lawyers, economists and historians will find its broad brush maddening, and the generalist reader will simply be misled, says D.C. Circuit Judge Douglas Ginsburg.
For the first time in 15 years, Federal Rule of Civil Procedure 23, governing class actions, has been amended. There are five key changes that will likely impact future federal class action litigation and settlements, say John Lavelle and Terese Schireson of Morgan Lewis & Bockius LLP.
With President Donald Trump and Democratic congressional leaders agreeing that transportation and infrastructure are high priorities, the next Congress is likely to consider a large-scale, broad infrastructure package. But the question of how to pay for it remains, say attorneys with Squire Patton Boggs LLP.
The recent settlement between Société Générale and U.S. regulators illustrates that U.S. sanctions enforcement authorities may be shifting their attention back to large financial institutions after several years of relatively quiet enforcement across the financial services industry, say attorneys with Ropes & Gray LLP.
On Monday, the U.S. Supreme Court will hear oral argument in Lorenzo v. U.S. Securities and Exchange Commission. If the court rules that scheme liability doesn’t apply to cases involving false statements, the result will be more victims and more fraud that goes unpunished, says Stephen Hall of Better Markets.