The companies accused by Venezuela’s state-owned oil company of participating in a bribery scheme urged a Florida federal court on Friday to dismiss the suit, claiming Venezuelan government officials, including President Nicolas Maduro, have acted in bad faith by preventing two witnesses from being deposed.
Wolf Popper LLP and Monteverde & Associates PC asked a Massachusetts federal judge on Friday to certify a class of shareholders and allow them to lead a suit along with Berman Tabacco claiming two brothers enriched themselves to the detriment of shareholders in the 2016 merger of energy-technology companies American DG Energy Inc. and Tecogen Inc.
An Indian court has enforced a nearly $16 million arbitral award issued to a Chinese solar energy company following a dispute over a supply agreement, rejecting an Indian renewable energy company's argument that the award had been issued by the wrong Chinese arbitral institution.
Federal prosecutors expressed some urgency at a hearing Friday in Miami to advance a multimillion-dollar case accusing two men of participating in a bribery and money laundering scheme that allegedly helped a company gain $27.8 million in business from Ecuador's state-owned oil company after one of the defendants requested a delay.
Ukraine's national oil and gas company said Friday that it has referred its nearly $11.6 billion claim over the price of gas tariffs against Russia's Gazprom to an arbitral tribunal in Stockholm, increasing the pressure in an already contentious dispute stemming from an underlying purchase agreement.
A Calpine Corp. shareholder filed a petition on Thursday in Delaware Chancery Court asking for an appraisal of the company's $5.6 billion deal that closed in March and took the Texas-based power giant private.
FirstEnergy Solutions Corp. has asked an Ohio bankruptcy court to find a Pennsylvania auto parts maker in contempt for canceling a supply contract with the bankrupt power generator, saying it is in violation of the Chapter 11 stay.
The U.S. Environmental Protection Agency on Tuesday sent a final rule that will guide states on how to implement 2015 ozone standards to the White House for review.
Bristol-Myers Squibb reportedly tapped Deutsche Bank and Jefferies to help it sell off its French over-the-counter drugs unit, Aramco’s public listing plans have been delayed, and investors are resisting Colony Capital’s bid to buy four Abraaj funds.
An Oklahoma taxpayer group has announced it will not pursue a second petition challenging new tax increases for teachers’ pay raises, saying that the state Supreme Court’s rejection of its first effort would force it to start over.
Shell Offshore Inc. agreed to pay nearly $3.9 million in connection with a May 2016 spill of more than 80,000 gallons of oil in the Gulf of Mexico that occurred about 100 miles from the Louisiana coast, according to a consent decree filed Thursday in federal court.
Opponents of the $5 billion Atlantic Coast Pipeline want the Fourth Circuit to nix a U.S. Army Corps of Engineers permit for the controversial project, arguing that it suffers from the same flaws as the permit for a similar project stayed by the appeals court last month.
A D.C. federal judge on Thursday ordered the U.S. Environmental Protection Agency to enforce conflict-of-interest standards for air pollution officials in Mississippi, Alabama and Illinois that are required under the Clean Air Act after the EPA agreed to meet the demands of environmental groups that had sued the agency.
U.S. Environmental Protection Agency Administrator Scott Pruitt on Thursday resigned after being accused of a long string of ethical scandals, but environmental groups said their focus will remain on fighting the Trump administration’s deregulatory agenda, regardless of who’s in charge.
The Federal Energy Regulatory Commission's recent order that PJM Interconnection revise its electricity market rules to blunt the impact of state clean energy policies supports arguments that the Seventh and Second Circuits must invalidate nuclear plant subsidies offered by Illinois and New York, challengers of the subsidies say.
Petrobras America Inc. said it will fight a $622 million arbitration award that was won by Vantage Deepwater Co. in a dispute over the early termination of a Gulf of Mexico drilling deal, arguing that the outcome was achieved through an unfair process.
What makes a law firm truly global? What does it take to handle the biggest and most complex cross-border matters? These firms know. Here, Law360 reveals its eighth annual ranking of the firms with the most international clout.
Setting up shop across the globe may seem impossible for smaller law firms, but it can be done — and it's not the only way to get business overseas. Here, Law360 looks at what firms should think about when deciding whether, and how, to go global.
With Britain less than a year from exiting the European Union, firms on Law360’s Global 20 have begun pushing deeper into the countries remaining in the bloc, adding offices and industry specialists in a shift that could rebalance how BigLaw works in the region.
Glencore Ltd. said Tuesday it had received a subpoena from the U.S. Department of Justice related to Foreign Corrupt Practices Act and U.S. money laundering statutes for the commodity giant’s business in Africa and South America, sending the company’s stock prices tumbling.
Today's female lawyers stand on the shoulders of several generations of pioneers. Here, historian Jill Norgren explains how the status of women in the legal profession has changed since the 1870s.
In recent years, a number of anti-pipeline protests involving trespass and vandalism have been prosecuted as criminal acts. Some defendants have raised a “necessity defense” for their actions, and two courts have now allowed that defense to proceed. But these actions themselves present significant risks to human life and health and the environment, say attorneys with Troutman Sanders LLP.
The Federal Energy Regulatory Commission recently solicited public comments on whether to revise its policies governing approval of new natural gas pipelines. This may not ultimately result in significant revisions to pipeline approval procedures. But a few simple changes could enhance public confidence in pipeline siting, says Barbara Jost of Davis Wright Tremaine LLP.
While WesternGeco v. Ion concerns the ability of a U.S. patent owner to recover lost profits for foreign sales based on domestic acts of infringement, counsel and the U.S. Supreme Court justices at oral argument framed many points using an analogy of a French visitor who is hit by a car. The respondent’s version may not have worked, say Daniel McDonald and Ryan Borelo of Merchant & Gould PC.
The current business climate has produced vast opportunities for seasoned lawyers to create valuable connections with millennial business owners, but first lawyers must cleanse their palate of misconceptions regarding millennials, says Yaima Seigley of Isaac Wiles Burkholder & Teetor LLC.
The New York Court of Appeals' recent decision in Keyspan v. Munich shows that the most effective tool an insurer has in cases involving long-tail claims is its specific policy language limiting coverage to losses that occur during the policy period, says Paul Ferland of Foran Glennon Palandech Ponzi & Rudloff PC.
The North American Free Trade Agreement's Investor-State Dispute Settlement provision has helped the U.S. domestic energy industry protect its cross-border investments. But the Trump administration has indicated a desire to eliminate the ISDS provision. Energy firms must stay aware of the dynamics of NAFTA renegotiation — and consider how a post-ISDS world would affect their business, say attorneys with WilmerHale.
U.S. Environmental Protection Agency Administrator Scott Pruitt recently issued a proposed rule titled "Strengthening Transparency in Regulatory Science," with the goal of ensuring that data and models underlying scientific studies pivotal to regulatory action are available to the public. However, if finalized, it's expected the rule would face legal challenges, say attorneys with Winston & Strawn LLP.
At the U.S. Supreme Court oral arguments in WesternGeco v. Ion, some were analogizing patent holders to parties whose natural rights are injured by tortious conduct. This is not a good approach to patent law. In cases like this one, the patentee can be fully and fairly compensated by a reasonable royalty, says Jay Lapeyre, president of Laitram LLC and chairman of Ion's board of directors.
On May 17, 1954, the U.S. Supreme Court decided Brown v. Board of Education, recognizing a moral and legal truth that should be beyond question in American society. The refusal by some of President Donald Trump's judicial nominees to say whether they believe the case was decided correctly is indicative of the narrow-minded elitism they would bring to the bench, says professor Franita Tolson of the University of Southern California's Gould School of Law.