Energy

  • January 5, 2018

    Grid Policy Delay Threatens Wind Tax Break, FERC Told

    A clean energy developer on Thursday urged the Federal Energy Regulatory Commission to force Midcontinent Independent System Operator to fast-track a new grid hookup policy so wind projects can reap the federal production tax credit before it expires, saying the regional grid operator's foot-dragging could cost them billions of dollars.

  • January 5, 2018

    Utah Wants Gold King Mine Suit Halted For Deal Talks

    Utah urged a Utah federal judge on Thursday to halt its suit over the Gold King Mine spill pending a U.S. Judicial Panel on Multidistrict Litigation decision on transferring the case to an MDL and while the state talks settlement with the federal government.

  • January 5, 2018

    JPMorgan Sued For $875M Over Nigerian Oil Deal Payments

    U.S. banking giant JPMorgan Chase Bank NA is being sued in London for a total $875 million by the Nigerian government over disputed money transfers in 2011 and 2013 related to an illegal oil deal, according to court documents seen by Law360 on Friday.

  • January 4, 2018

    Eversource Says Tax Bill Allows It To Lower Customer Rates

    Eversource announced Thursday that it will pass some of the millions of dollars it will save under the newly-passed federal tax bill onto its Massachusetts customers.

  • January 4, 2018

    US Trustee Says Seadrill Skimps On Ch. 11 Plan Details

    Offshore oil rig operator Seadrill Ltd. should be required to update the solicitation ballots for its proposed Chapter 11 reorganization plan because the company has misclassified claims and left out pertinent information, the federal government's bankruptcy watchdog said in a Wednesday court filing.

  • January 4, 2018

    Argentina's Central Puerto Seeks To Power Up With US IPO

    Central Puerto SA, which describes itself as Argentina’s largest power generation company, filed a $100 million initial public offering late Wednesday, marking the latest of several companies with Latin American ties to pursue U.S. IPOs.

  • January 4, 2018

    Biofuel Co. Wants New Trial In $90M Suit Over Supply Pact

    A Utah biodiesel fuel producer asked a New York federal judge on Tuesday to toss a $25.3 million verdict issued to a Singapore biofuel trader over the former's admitted breach of a $90 million purchase contract, arguing that the court failed to properly instruct the jury on the cap in damages they could award.

  • January 4, 2018

    FERC Signs Off On TransCanada Mountaineer, Gulf Pipelines

    The Federal Energy Regulatory Commission has given the green light to a $2.7 billion pair of natural gas pipeline expansion projects proposed by two TransCanada Corp. units.

  • January 4, 2018

    US Asks To Ax Subpoenas In $25M Anadarko Tax Refund Fight

    Internal communications of IRS and Treasury attorneys are privileged and not subject to a deposition request, the U.S. argued in a motion filed Wednesday asking a federal district court to quash subpoenas of three federal attorneys noticed by Anadarko Petroleum Corp. in the company’s $25 million tax refund lawsuit.

  • January 4, 2018

    Landowner Urges 10th Circ. To Revive Drill Permit Suit

    An Oklahoma landowner on Wednesday urged the Tenth Circuit to reject the federal government’s argument that the appellate court shouldn’t revive his suit claiming the Bureau of Indian Affairs granted an energy exploration company permission to drill on his land without first conducting a required environmental review.

  • January 4, 2018

    EFH Slams Major Creditor Bid For Ch. 11 Fee Panel Post

    Energy Future Holdings Corp. claimed Wednesday that a majority unsecured creditor’s successful bid for a seat on the company’s Chapter 11 professional fee committee could lead to bias in committee decisions as well as damaging pressures to drive attorneys' fees below market levels.

  • January 4, 2018

    Wash. Sued Over Permit Denials For Coal Export Facility

    Lighthouse Resources Inc. sued Washington state’s governor in federal court Wednesday, alleging he and other state officials have “unreasonably” denied permits the company needs to move forward with a planned coal export facility because of their policy views.

  • January 4, 2018

    No Coast Is Off Limits In New DOI Offshore Drilling Plan

    The U.S. Department of the Interior on Thursday floated a five-year offshore leasing plan that opens up nearly all federal waters to potential drilling, a proposal sure to encounter fierce resistance from environmentalists and coastal lawmakers from both sides of the aisle.

  • January 4, 2018

    Exxon, Lockheed Settle $16M Asbestos Litigation Bill Dispute

    Exxon Mobil Corp. and Lockheed Martin Corp. have reached a confidential agreement to settle a dispute over who is responsible for covering $16 million in costs associated with asbestos lawsuits stemming from a product line the oil giant acquired from the defense contractor in 1963, the companies announced Wednesday.

  • January 4, 2018

    Brookfield Puts Up $4.6B For Bankrupt Westinghouse

    Brookfield Business Partners will acquire Toshiba Corp.'s bankrupt subsidiary Westinghouse Electric for $4.6 billion, the company said Thursday.

  • January 3, 2018

    Texas Appeals Court Tosses $2.9M Judgment Against Oil Cos.

    A Texas state appeals court on Wednesday tossed a $2.9 million default judgment against two oil and gas exploration companies and a holding company, finding that they were never properly served with the complaint or notices of default in the underlying breach of contract lawsuit.

  • January 3, 2018

    Industrial REIT, Fracking Co. Launch IPOs Totaling $751M

    An industrial-focused real estate investment trust and a private equity-backed fracking company on Tuesday launched initial public offerings expected to raise about $751 million and set to price next week, potentially representing the year’s first IPOs.

  • January 3, 2018

    Toisa's $42.5M Bankruptcy Deal With Hyundai Approved

    A New York bankruptcy judge signed an order Tuesday approving a settlement between Toisa Ltd. and Hyundai Heavy Industries Co. that resolves a shipbuilding dispute and adds $42.5 million to the shipping company's bankrupt estate, which is looking to negotiate a Chapter 11 exit plan in the near term.

  • January 3, 2018

    InterOil Investors Misled Into OK'ing Exxon Deal, Suit Says

    A proposed class of former InterOil Corp. shareholders filed suit Tuesday in Texas federal court over the Singaporean oil and gas company’s more than $2.5 billion acquisition by Exxon Mobil Corp., saying InterOil shareholders were misled into approving the deal last year.

  • January 3, 2018

    No Basis For FERC Eminent Domain Fight, Pipeline Cos. Say

    Developers of two East Coast pipelines have urged a D.C. federal judge to nix a landowner coalition’s suit claiming the Federal Energy Regulatory Commission’s permitting process unconstitutionally allows developers to seize property through eminent domain, arguing the landowners are trying to short-circuit FERC’s authority to review pipelines.

Expert Analysis

  • 10 Tips For Effective Practice Before The 5th Circ.

    Justin Woodard

    The Fifth Circuit is among the busiest federal circuit courts in the country. What can you do to increase your chances of reaching oral argument? And if given the opportunity, how can you present a persuasive argument? Former Fifth Circuit clerk Justin Woodard, an associate at Jones Walker LLP, shares some advice.

  • Preparing Your Company Witnesses For The Gotcha Question

    Matthew Keenan

    Catching a witness flat-footed on an important topic is no longer confined to cable news, and corporate legal defenses can likewise die when witnesses profess ignorance on things that jurors believe they should know. However, employing some common sense tools can minimize potential harm, says Matthew Keenan of Shook Hardy Bacon LLP.

  • High Court Seems Poised To Confirm Constitutionality Of IPR

    James Heintz

    Based on the questions asked during the argument on Monday in Oil States v. Greene’s, a divided U.S. Supreme Court appears likely to affirm the Federal Circuit’s decision finding that inter partes reviews conducted by the U.S. Patent and Trademark Office’s Patent Trial and Appeal Board pass constitutional muster, says James Heintz of DLA Piper.

  • Series

    Judging A Book: Saris Reviews 'Locking Up Our Own'

    Judge Patti Saris

    Having just completed a six-year term as chair of the U.S. Sentencing Commission, I read Yale Law School professor James Forman's new book, "Locking Up Our Own: Crime and Punishment in Black America," with particular interest, says Judge Patti Saris, chief judge for the U.S. District Court for the District of Massachusetts.

  • Examining End Of EPA's 'Sue And Settle' Practice

    Maureen Mitchell

    With the stated intention of promoting transparency and public participation in the process of resolving lawsuits brought against the U.S. Environmental Protection Agency, Administrator Scott Pruitt recently issued a directive to end the “sue and settle” practices within the agency. But whether the directive will provide relief for the EPA from the policy is debatable, says Maureen Mitchell of Fox Rothschild LLP.

  • Dissecting NAIC's Insurance Data Security Model Law

    Lawrence Hamilton

    On the heels of the new Insurance Data Security Model Law recently adopted by the National Association of Insurance Commissioners, members of Mayer Brown explain the new law, its substantive requirements, and the takeaways for the insurance industry.

  • CFTC's Troubling Price Manipulation Claims Against Statoil

    Norman Bay

    Statoil ASA will pay $4 million to resolve claims that the company attempted to manipulate propane prices, but the intent evidence that the U.S. Commodity Futures Trading Commission relied upon is not very persuasive, say attorneys with Willkie Farr & Gallagher LLP.

  • Amicus Arguments For And Against Inter Partes Review

    Thomas King

    In Oil States v. Greene’s — set for oral argument on Monday — more than 50 amicus briefs have been filed with the U.S. Supreme Court, representing a substantial share of the U.S. GDP. The issues presented are weighty, including concerns regarding separation of powers and the limits of the administrative state, the impact of inter partes reviews on the patent system, and the application of originalism to 18th century patent practice... (continued)

  • How Blockchain Could Change The Energy Industry: Part 2

    Caroline Stewart

    Incorporating blockchain technology into the energy marketplace poses considerable challenges. Blockchain developers must proceed in the face of regulatory uncertainty, while regulators must address reliability, stability and security concerns. But in the end, it is likely that the opportunities will outweigh the obstacles, says Caroline Stewart of Vinson & Elkins LLP.

  • Remaining Questions About US Paris Agreement Withdrawal

    Silvia Maciunas

    Last week’s annual meeting of the 23rd Conference of the Parties addressed, among other issues, implementation of the Paris climate change agreement. The U.S. has already submitted a notification of its intention to withdraw from the agreement, but because it has been submitted early, it is unclear whether it will satisfy the withdrawal requirements, says Silvia Maciunas of The Centre for International Governance Innovation.