Try our Advanced Search for more refined results
Energy
-
March 15, 2024
UK Litigation Roundup: Here's What You Missed In London
The past week in London has seen Howard Kennedy face legal action by a London hotel chain, former racing boss Bernie Ecclestone and Formula One hit with a breach of contract claim by a Brazilian racecar driver, and a libel row between broadcaster Jeremy Vine and ex-footballer Joey Barton. Here, Law360 looks at these and other new claims in the U.K.
-
March 15, 2024
Direct Hit On Tax Regs Unlikely If Justices Ditch Chevron
A decision from the U.S. Supreme Court later this year on two cases challenging the so-called Chevron doctrine, which gives federal agencies wide latitude to interpret ambiguous laws, isn't likely to immediately affect tax regulations.
-
March 14, 2024
EPA Proposes New Limits On Gas Distribution Facilities
The U.S. Environmental Protection Agency on Thursday finalized a rule strengthening toxic air pollution standards at gasoline distribution facilities, including storage tanks, loading operations and equipment leaks.
-
March 14, 2024
Phillips, Workers Seek Dueling Wins In $46.5M Wage Fight
Phillips 66 Co. and certified classes of San Francisco and Los Angeles refinery workers fought before a California federal judge Thursday, with each side seeking a win on the workers' wage claims in a $46.5 million dispute over the energy giant's meal-break and time-rounding policies.
-
March 14, 2024
Exxon Beats Insurers' Bid To Arbitrate Over MTBE Claims
A Texas appeals court sided with Exxon Mobil Corp. in the energy giant's attempt to forestall arbitration with an insurer over claims and lawsuits over exposure to methyl tertiary-butyl ether, ruling Wednesday that the trial court was right not to compel arbitration.
-
March 14, 2024
Icahn Enterprises Rips Investors' 'Grab Bag' Of A Suit
Diversified holding company Icahn Enterprises LP and some of its current and former brass have asked a Miami federal judge to toss a proposed investor class action alleging they misrepresented certain details of the company's performance and asset values, arguing that the suit is a lengthy "grab bag of different theories."
-
March 14, 2024
Fired SoCal Edison Workers Drop Blacklist Suit Without Deal
A group of former Southern California Edison utilities line designers summarily dropped their California federal court lawsuit against the utility, dismissing claims that their new company was hurt by policies declaring certain terminated employees persona non grata on distribution line extension projects in company territory.
-
March 14, 2024
Lawmakers Secure $1.3B For Native American Housing
A record $1.34 billion will go toward Native American housing programs as part of an appropriations package passed by Congress, a $324 million increase over last year's funding.
-
March 14, 2024
PE Firm Riverspan Agrees To Pay $32M For Barretts' Assets
Barretts Minerals Inc. told a Texas bankruptcy court Thursday that a unit of private equity firm Riverspan Partners had won an auction for its assets with a $32 million cash offer, money that the talc-mining company intends to use to fund a settlement trust for alleged victims of asbestos exposure.
-
March 14, 2024
Norfolk Southern Must Face Most Derailment Suit Claims
Norfolk Southern must face the bulk of the claims in consolidated suits brought over a train derailment and subsequent chemical spill in East Palestine, Ohio, a federal judge ruled in a spate of opinions that also kept intact most of the rail giant's third-party claims against a chemical company and two railcar leasing firms.
-
March 14, 2024
Mont. Youths Urge State High Court To Uphold Climate Ruling
A group of youth plaintiffs on Wednesday urged the Montana Supreme Court to uphold a state court's ruling that invalidated laws barring the consideration of greenhouse gas emissions in permitting decisions.
-
March 14, 2024
Koch Can't Bring $30M Claim Against Canada Under NAFTA
Canada prevailed in a $30 million arbitration brought by Koch Industries over the province of Ontario's decision to cancel a cap-and-trade program in 2018, securing dismissal of the claim on jurisdictional grounds.
-
March 14, 2024
Bechtel Missed Subcontractor Targets On Nuke Waste Project
Bechtel National Inc. failed its subcontracting obligations while building a federal nuclear waste plant at the Hanford site in Washington state, lapses that cost businesses up to $700 million in missed opportunities, according to a watchdog agency report released Thursday.
-
March 14, 2024
SEC Asks 5th Circ. To Hold Off On Climate Reg Ruling
The U.S. Securities and Exchange Commission said it was too early for the Fifth Circuit to delay the implementation of freshly adopted emissions reporting requirements given that those requirements don't go into effect for another two years, offering the first glimpse of possible defenses it could use as it attempts to fend off lawsuits challenging the rules.
-
March 14, 2024
Energy Dept. Floats $2.26B Loan For Nev. Lithium Project
The Biden administration is pitching a $2.26 billion loan to help fund lithium carbonate processing facilities at the controversial Thacker Pass mine in northern Nevada, saying they could support the production of as many as 800,000 electric vehicles a year.
-
March 14, 2024
Chesapeake Investor Challenges $7.4B Southwestern Deal
A shareholder of Chesapeake Energy Corp. sued the company and some of its officers and directors on Wednesday in an attempt to enjoin a proposed $7.4 billion acquisition of Southwestern Energy, saying investors cannot make an informed decision on whether to approve the deal or not based on the incomplete financial information provided.
-
March 14, 2024
Locke Lord Must Face Oil Co.'s Malpractice Suit In NJ
A New Jersey state judge rejected Locke Lord LLP's attempt to evade an oil company's malpractice suit alleging that the firm and one of its former attorneys mishandled a transaction involving an oil refinery project in North Dakota, causing the company to lose $2.5 million
-
March 14, 2024
KKR Lobs €2.8B Takeover Bid At German Energy Biz
Private equity giant KKR on Thursday lobbed a €2.8 billion ($3.05 billion) takeover bid at German renewable energy platform and independent power producer Encavis AG in a deal built by at least five firms that is aimed at strengthening Germany's energy future and supports the renewable energy transition in Europe.
-
March 14, 2024
Nelson Mullins Hires Clark Hill FERC Regulatory Atty
Nelson Mullins Riley & Scarborough LLP has hired a former Clark Hill PLC member who focuses his practice on helping clients understand Federal Energy Regulatory Commission regulations and processes, the firm recently announced.
-
March 14, 2024
Biden Comes Out Against $14.9B US Steel-Nippon Merger
President Joe Biden came out in opposition of U.S. Steel's planned $14.9 billion merger with Japan's Nippon Steel Corp. on Thursday, echoing lawmakers who have expressed concerns about the sale of an American institution to a foreign power.
-
March 13, 2024
Sierra Club Joins Fray With SEC Climate Rule Suit
The Sierra Club is the latest organization to sue the U.S. Securities and Exchange Commission over its newly passed greenhouse gas reporting requirements, with the environmentalists saying Wednesday that the finalized rules failed to fully shield investors from the risks of climate change.
-
March 13, 2024
Feds Want 6.5 Years For Ex-Utility Commission Boss' Bribery
The onetime head of San Francisco's Public Utilities Commission should spend six-and-a-half years in prison after his conviction on charges he accepted bribes from local businesses, federal prosecutors have argued.
-
March 13, 2024
EPA Designates First Navajo Nation Superfund Site
The U.S. Environmental Protection Agency is adding the Lukachukai Mountains Mining District in northeastern Arizona to its National Priorities List, with the district's uranium mining waste piles marking the first designated Superfund site on the Navajo Nation.
-
March 13, 2024
BP, ADNOC Shelve $2B NewMed Deal Amid Gaza War
BP and the state-owned Abu Dhabi National Oil Co. are suspending talks surrounding a $2 billion offer to acquire a controlling interest in Israel-based NewMed Energy, with the two oil giants citing "uncertainty created by the external environment" as the war in Gaza continues with no end in sight.
-
March 13, 2024
Pa. Energy Co. Workers Secure Class Status In 401(k) Suit
Current and former employees of a Pennsylvania energy company were granted class status Wednesday in their suit alleging the business loaded its employee retirement plans with expensive, underperforming investment options for years, after a federal judge ruled the company couldn't escape the suit.
Expert Analysis
-
Protections May Exist For Cos. Affected By Red Sea Attacks
Companies whose ships or cargo have been affected by the evolving military conflict in the Red Sea, and the countries under whose flags those ships were traveling, may be able to seek redress through legal action against Yemen or Iran under certain international law mechanisms, say attorneys at Alston & Bird.
-
What's On Tap For Public Corruption Prosecutions In 2024
All signs point toward another year of blockbuster public corruption prosecutions in 2024, revealing broader trends in enforcement and jurisprudence, and promising valuable lessons for defense strategy, says Kenneth Notter at MoloLamken.
-
Global Cartel Enforcement Looks Set To Intensify In 2024
The cartel enforcement winds may strengthen this year, with the U.S. Department of Justice, as well as regulators in other countries, placing a renewed focus on pursuing international cartels and more traditional, hard-core cartel conduct, say attorneys at Simpson Thacher.
-
Series
Baking Bread Makes Me A Better Lawyer
After many years practicing law, and a few years baking bread, I have learned that there are a few keys to success in both endeavors, including the assembly of a nourishing and resilient culture, and the ability to learn from failure and exercise patience, says Rick Robinson at Reed Smith.
-
Federal Courts And AI Standing Orders: Safety Or Overkill?
Several district court judges have issued standing orders regulating the use of artificial intelligence in their courts, but courts should consider following ordinary notice and comment procedures before implementing sweeping mandates that could be unnecessarily burdensome and counterproductive, say attorneys at Curtis.
-
The 5 Most Important Bid Protest Decisions Of 2023
Attorneys at Bradley Arant discuss noteworthy 2023 bid protest decisions from the U.S. Court of Federal Claims and U.S. Government Accountability Office, offering perspectives on standing, document production, agency deference, System for Award Management registration requirements and mentor-protégé joint venture proposal evaluations.
-
7 E-Discovery Predictions For 2024 And Beyond
The legal and technical issues of e-discovery now affect virtually every lawsuit, and in the year to come, practitioners can expect practices and policies to evolve in a number of ways, from the expanded use of relevancy redactions to mandated information security provisions in protective orders, say attorneys at Littler.
-
Securities Class Actions Show No Signs of Slowing In 2024
Plaintiffs asserted securities class actions at elevated levels in 2023 — a sign that filings will remain high in the year ahead — as they switched gears to target companies that allegedly have failed to anticipate supply chain disruptions, persistent inflation, rising interest rates and other macroeconomic headwinds, say attorneys at Skadden.
-
Consider A Key Insurance Tool For Environmental M&A Deals
Transactional liability insurance can be a useful risk allocation tool for completing mergers and acquisitions in the renewable energy and climate and clean technology sectors, though policies must be structured carefully to achieve maximum coverage, say Joseph Castelluccio and Paul de Bernier at Mayer Brown.
-
ESG Concerns Can No Longer Be Ignored In 2024
While the long wait for the U.S. Securities and Exchange Commission's ESG rule continues, government attention to regulations, increased litigation efforts and shareholder resolutions seeking transparency highlight the importance of placing an emphasis on ESG considerations, say attorneys at Wollmuth Maher.
-
2 FCPA Settlements Illuminate Self-Disclosure, Disgorgement
Two of last year’s Foreign Corrupt Practices Act settlements — with biomedical company Lifecore and mining company Corsa Coal — suggest that the government will be much more flexible in negotiating disgorgement amounts if an entity voluntarily self-discloses misconduct, say Michael Gilbert and Lucas Amodio at Sheppard Mullin.
-
How DOI Aims To Modernize Resource Damage Assessments
The U.S. Department of the Interior's recent proposal to redesign its Type A rule for conducting natural resource damage assessment and restoration activities could lead to a more streamlined, flexible assessment process that would benefit both natural resource trustees and potentially responsible parties, says Brian Ferrasci-O'Malley at Nossaman.
-
5 Litigation Funding Trends To Note In 2024
Over the next year and beyond, litigation funding will continue to evolve in ways that affect attorneys and the larger litigation landscape, from the growth of a secondary market for funded claims, to rising interest rates restricting the availability of capital, says Jeffery Lula at GLS Capital.
-
5 Securities Litigation Issues To Watch In 2024
There is yet another exciting year ahead for securities litigation, starting with the U.S. Supreme Court hearing argument next week in a case presenting a key securities class action question that has eluded review for the last eight years, say attorneys at Willkie.
-
Growing Green Tech Demand Spells Trouble For Groundwater
Increasing demand for green technology is depleting the groundwater reserves used to extract and process the necessary minerals, making a fundamental shift toward more sustainable water use practices necessary at both the state and federal levels, says Sarah Mangelsdorf at Goldberg Segalla.