Energy

  • December 01, 2023

    US Sanctions 3 More Tankers For Dodging G7 Oil Price Cap

    The U.S. sanctioned three more oil tankers Friday for shipping Russian oil priced above the G7's price cap, the latest such actions following the blacklisting of five other vessels in recent weeks.

  • December 01, 2023

    Mich. Commission OKs Enbridge's Line 5 Pipeline Tunnel

    Michigan's Public Service Commission approved a siting permit Friday for Enbridge Energy LP's controversial plan to replace two aging pipelines that cross the Straits of Mackinac between Lake Michigan and Lake Huron with a new pipeline in an underground tunnel — a decision tribes and conservation groups blasted as reckless.

  • December 01, 2023

    Magema Denied New Trial In Patent Spat With Phillips 66

    A Texas federal judge has shot down Magema Technology's bid for a new trial after a jury ruled in July that Phillips 66 did not infringe its oil refinery patents, finding that enough evidence was presented for the jury to make a reasonable judgment.

  • December 01, 2023

    4 Decisions For Which Justice O'Connor Will Be Remembered

    Many of the hotly divided cases at the U.S. Supreme Court came down to Justice Sandra Day O’Connor, a central force on the bench whose savviness at striking compromises and taking a pragmatic approach to resolve disputes is on full display in four opinions.

  • December 01, 2023

    Justice O'Connor Shattered Barriers, Built Bridges

    A Southwestern cowgirl who will always be known as the first woman to sit on the U.S. Supreme Court, Justice Sandra Day O’Connor inspired those around her with an indomitable work ethic, a deep affection for public service and an innate ability to drive consensus among her colleagues.

  • December 01, 2023

    Feds Unveil 'Foreign Entity' Guidance For EV Tax Credit

    Federal regulators released guidance Friday that would allow automakers to satisfy new trade restrictions that the 2022 climate law incorporated into the consumer electric vehicle tax credit, including sought-after proposed rules defining the foreign-entity-of-concern provision.

  • December 01, 2023

    Sandra Day O'Connor, First Woman On Supreme Court, Dies

    Retired U.S. Supreme Court Justice Sandra Day O'Connor, the court's first female member, died Friday at 93, according to the court. Justice O'Connor's position at the ideological center of the court gave her outsized influence in controversial cases during her 25-year tenure.

  • November 30, 2023

    ​​​​​​​10th Circ. Won't Nix Entire $6M Biogas Plant Award

    A panel of the Tenth Circuit on Thursday revised a decision it made in September that vacated a $6 million jury award in a biogas plant dispute, clarifying in the revised opinion that the judges are not throwing out $868,000 of diversion damages awarded by the jury.

  • November 30, 2023

    FERC Says Utilities Can't Justify Grid Upgrade Reward Wishes

    The Federal Energy Regulatory Commission says it properly rejected a proposal by New York utilities that would allow them to earn returns from grid upgrades, telling the D.C. Circuit the companies have failed to show the existing nonprofit system is unlawful or unreasonable.

  • November 30, 2023

    Alaska, Willow Backers Fight 'Drastic' Bid To Halt Oil Project

    Alaska and other backers of the Willow oil project are urging a federal judge to let ConocoPhillips proceed with more construction work this winter and not block it as conservation groups have requested while they appeal an order affirming the Biden administration's approval of the project.

  • November 30, 2023

    Del. Power Struggle For NY Lithium Battery Co. Heats Up

    An investor in a New York-based lithium-ion cell manufacturer that sued in Delaware's Court of Chancery to stop its majority equity holder from carrying out a board coup now says an unnamed secured lender for the startup has intervened in the dispute and is alleging it has the right to replace the company's board.

  • November 30, 2023

    PDVSA Says VR Capital Fraud Suit Must Be Nixed

    PDVSA has urged a New York court to toss litigation filed by asset manager VR Capital accusing the Venezuelan state-owned oil company of fraud in connection with its issuance of nearly $2 billion worth of senior secured notes, calling the suit "misguided."

  • November 30, 2023

    Holtec's $26M Tax Break Affirmed By New Jersey Panel

    The New Jersey Economic Development Authority erred when it rescinded a $26 million tax break from nuclear energy giant Holtec International and said the company had misrepresented itself on a program application, a state appeals court affirmed Thursday.

  • November 30, 2023

    European Enforcers Target Alleged Car Battery Cartel

    European enforcers said Thursday an antitrust investigation found several manufacturers, a trade group and its service provider colluded between 2004 and 2017 to increase the prices of car batteries.

  • November 30, 2023

    Vague Staffing Chart Sinks H-2B Bid For Tesla Refinery

    A Texas contractor has lost its bid for 170 temporary H-2B workers because the project management software it used to determine the manpower it would need for a project at a Tesla Inc. plant provided information that was too general, an appeals board ruled.

  • November 30, 2023

    Deals Rumor Mill: Humana-Cigna, Shein IPO, Occidental

    Humana and Cigna are exploring a merger that would shake up the health insurance industry, online fashion giant Shein is planning an IPO in 2024, and Occidental Petroleum wants to buy energy producer CrownRock for $10 billion. Here, Law360 breaks down these and other notable deal rumors from the past week.

  • November 30, 2023

    Gas Station Owner Tells 11th Circ. Pollution Cleanup Covered

    A Florida gas station operator urged the Eleventh Circuit to reverse a lower court's judgment relieving an insurer of covering cleanup costs for a pollution incident on the grounds that the incident was discovered before the policy's inception, maintaining the court misinterpreted "first discovered."

  • November 30, 2023

    Locke Lord Fights Deposition Of NYC Atty In Malpractice Case

    Locke Lord LLP on Thursday opposed the deposition of the firm's New York and Newark, New Jersey, leader for a malpractice case, calling it a "fishing expedition" because she had no involvement in the firm's representation at issue and saying it had not been provided with a deposition notice.

  • November 30, 2023

    Nelson Mullins Atty Avoids Sanctions In Shell Case, For Now

    Western Pennsylvania landowners cannot seek sanctions against a Royal Dutch Shell PLC subsidiary's attorney amid their breach of contract suit against the oil company, a Pennsylvania federal judge determined, at least until claims are resolved in a related case filed in August.

  • November 30, 2023

    ClimateRock Axes SPAC Merger With UK Green Energy Firm

    In the latest example of a struggling market for special-purpose acquisition companies, British green energy firm Eco Energy World PLC and blank-check company ClimateRock have called off their plans to merge in a deal that would've taken White & Case LLP-advised EEW public at a pro forma enterprise value of $691 million.

  • November 30, 2023

    Chilean Power Co. Hits Ch. 11 In New York With $409M In Debt

    Chilean power company Inversiones Latin America Power Ltda. filed for Chapter 11 protection in New York bankruptcy court Thursday with a plan to restructure roughly $409 million in funded debt.

  • November 30, 2023

    Oil And Gas Majors Step Into M&A Spotlight Moving Into 2024

    Exxon's and Chevron's respective $60 billion and $53 billion mega-deals announced last month could mark the beginning of a new era of consolidation in the gas and oil industries — and it is unlikely that regulators will stand in the companies' way as they look to close the transactions in 2024. 

  • November 29, 2023

    Past Contract Work Dooms Fabricator's New H-2B Worker Bid

    A Texas metal fabricator's recent $5.7 million contract has undermined its efforts to temporarily hire dozens of foreign welders and pipefitters to fulfill a $5 million contract, according to a Tuesday decision from the U.S. Department of Labor.

  • November 29, 2023

    Justice Thomas Eyes Public Rights Rule In SEC Courts Case

    U.S. Supreme Court Justice Clarence Thomas on Wednesday focused his characteristically few questions during oral arguments to spark debate over the public rights doctrine used to determine whether lawsuits involving the government must be heard by a jury.

  • November 29, 2023

    Venezuela Urges High Court To Nix 3rd Circ.'s Debt Ruling

    Venezuela has again asked the U.S. Supreme Court to overturn a Third Circuit decision affirming that the country's state-owned oil company is liable for Caracas' massive debts, saying the lower court misconstrued the Foreign Sovereign Immunities Act and erred in announcing a new alter ego standard.

Expert Analysis

  • House Bill Could Help Resolve 'Waters Of US' Questions

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    Legislation recently introduced in the U.S. House that would restore Clean Water Act protection to areas excluded from it by the U.S. Supreme Court's Sackett v. EPA decision faces an uphill battle, but could help settle the endless debates over the definition of "waters of the United States," says Richard Leland at Akerman.

  • 8 Tips On Mining Disclosures For Foreign Issuers

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    The U.S. Securities and Exchange Commission has issued dozens of comment letters in the years since adopting new disclosure requirements for mining issuers, reflecting continued scrutiny of foreign issuers’ filings, but several key pointers can help companies navigate the requirements, say attorneys at Haynes Boone.

  • Calif. Climate Disclosure Laws: Next Steps For Companies

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    A trio of new climate disclosure laws in California will impose far-reaching corporate reporting requirements — so companies doing business in the state must immediately begin working to substantiate their climate claims and update marketing materials, and consider getting involved in rulemaking that will shape the legislation's impact, say attorneys at Alston & Bird.

  • California's Offshore Turbine Plans Face Stiff Headwinds

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    To realize its innovative plans for floating offshore wind farms, California will face numerous challenges as companies investing in the industry will be looking for permitting transparency, predictable timelines, and meaningful coordination between jurisdictions, agencies, and stakeholders, say David Smith and David McGrath at Manatt.

  • Attorneys, Law Schools Must Adapt To New Era Of Evidence

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    Technological advancements mean more direct evidence is being created than ever before, and attorneys as well as law schools must modify their methods to account for new challenges in how this evidence is collected and used to try cases, says Reuben Guttman at Guttman Buschner.

  • Why Public Cos. Should Also Comply With SEC's Names Rule

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    While the U.S. Securities and Exchange Commission's updated Names Rule specifically clarifies that funds must consider ESG factors in their investment strategies if their names so imply, public companies should also heed the message and conduct business consistent with the way they market or advertise themselves, says Spencer Feldman at Olshan Frome.

  • The Growing Need For FLSA Private Settlement Rule Clarity

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    A Pennsylvania district court's recent ruling in Walker v. Marathon Petroleum echoes an interesting and growing trend of jurists questioning the need for — and legality of — judicial approval of private Fair Labor Standards Act settlements, which provides more options for parties to efficiently resolve their claims, says Rachael Coe at Moore & Van Allen.

  • Insurers Should Prepare For 'Black Swan' Climate Disasters

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    As rapid climate change results in increased risk of casualties and property loss from rare, severe weather events, the insurance industry should take five crucial steps toward evolving and continuing operations, including advanced analytic techniques and investments in alternative energy sources, say Stephen Brown and Irena Maier at Wilson Elser.

  • Series

    ESG Around The World: The UK

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    Following Brexit, the U.K. has adopted a different approach to regulating environmental, social and governance factors from the European Union — an approach that focuses on climate disclosures by U.K.-regulated entities, while steering clear of the more ambitious objectives pursued by the EU, say attorneys at Dechert.

  • Tips For Litigating Against Pro Se Parties In Complex Disputes

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    Litigating against self-represented parties in complex cases can pose unique challenges for attorneys, but for the most part, it requires the same skills that are useful in other cases — from documenting everything to understanding one’s ethical duties, says Bryan Ketroser at Alto Litigation.

  • Del. Dispatch: Lessons From Failed ETE-Williams Merger

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    Attorneys at Fried Frank delve into the Delaware Supreme Court's recent decision in Energy Transfer v. Williams to highlight the major monetary consequences of a failed merger, and show why merger agreement drafting and factual context are of utmost importance.

  • Contracts Disputes Recap: Expect Strict Application Of Rules

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    Zachary Jacobson and Sarah Barney at Seyfarth examine four recent cases highlighting the importance, for both contractors and government agencies, of strict compliance with the Contract Disputes Act’s jurisdictional requirements and with the Federal Acquisition Regulation's remedy-granting clauses.

  • New Initiatives Will Advance Corporate Biodiversity Reporting

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    Two important recent developments — the launch of the Taskforce on Nature-related Financial Disclosures' framework on nature and biodiversity reporting, and Nature Action 100's announcement of the 100 companies it plans to engage on biodiversity issues — will help bring biodiversity disclosures into the mainstream, say David Woodcock and Maria Banda at Gibson Dunn.

  • How Justices' Disclosure Ruling May Change Corp. Filings

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    In the upcoming Macquarie Infrastructure v. Moab Partners case, the U.S. Supreme Court will resolve a circuit split over whether a company may be sued for private securities fraud if they fail to disclose certain financial information in public filings, which may change the way management analyzes industry risks and trends for investors, says Paul Kisslinger at Lewis Brisbois.

  • Pro Bono Work Is Powerful Self-Help For Attorneys

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    Oct. 22-28 is Pro Bono Week, serving as a useful reminder that offering free legal help to the public can help attorneys expand their legal toolbox, forge community relationships and create human connections, despite the challenges of this kind of work, says Orlando Lopez at Culhane Meadows.

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