• November 28, 2023

    Australian Solar Energy Firm Raises Range For $45M US IPO

    SolarJuice Co. Ltd., an Australian solar equipment provider being spun out of SPI Energy Co. Ltd., on Tuesday raised its fundraising target for its initial public offering to about $45 million, represented by Loeb & Loeb LLP and underwriters counsel Pryor Cashman LLP.

  • November 28, 2023

    Panel Sends Case Involving 'Ancient' Doctrine To La. Justices

    Louisiana's high court is the right venue to consider whether a unique, deeply rooted state legal doctrine lets a Chesapeake Energy unit take post-production costs off the top of revenues owed to owners of state-mandated oil and gas pools, according to a divided Fifth Circuit opinion.

  • November 28, 2023

    Law Firm Leaders Cautiously Optimistic Heading Into 2024

    Major U.S. law firms are steadfast in their commitment to the pursuit of further growth despite ongoing economic uncertainty. Here’s what the leaders of four Leaderboard firms have to say about how the legal industry is preparing for next year.

  • November 28, 2023

    The 2023 Law360 Pulse Leaderboard

    Check out the Law360 Pulse Leaderboard to see which first-in-class firms made the list this year.

  • November 27, 2023

    State Dept. Urged To Improve Embassy Power Plant Planning

    A U.S. Department of State watchdog has called on the agency to improve planning, contracting and oversight processes for its power plant projects amid ongoing performance issues with an $118 million project at the U.S. Embassy in Iraq.

  • November 27, 2023

    Rail Group Wants Calif. Locomotive Regulations Derailed

    The Association of American Railroads says train emissions regulations adopted by the California Air Resources Board are preempted by the Interstate Commerce Commission's Termination Act of 1995, arguing in litigation over the state's authority that the ICC law broadly keeps state and local authority from regulating rail transportation.

  • November 27, 2023

    Settlements Bar New Wrongful Death Suits, Colo. Panel Rules

    A Colorado appellate panel recently ruled that a man's settlement with a driver who killed his daughter prevents him from bringing another lawsuit against a city and a Xcel Energy subsidiary over the accident, determining for the first time how such deals affect the so-called "one civil action" limit on wrongful death cases.

  • November 27, 2023

    Amicus Groups Tell High Court To End Chevron Deference

    Six groups, including the Ohio Chamber of Commerce and several former state supreme court judges, filed friend-of-the-court briefs on Monday urging the U.S. Supreme Court to overturn a decades-old legal doctrine stating that courts must defer to federal agencies' interpretation of ambiguous laws.

  • November 27, 2023

    Judge Chides Oil Plaintiffs For 'Procedural Gymnastics'

    A Colorado federal judge has again knocked down a proposed royalty class action against a Chevron unit and Kerr-McGee, ruling that leaseholders' decision to engage in "procedural gymnastics" instead of filing an appeal was a problem of their own making.

  • November 27, 2023

    Del. Vice Chancellor Calls Ex-AG Barr 'Doubly Wrong' On ESG

    Delaware Vice Chancellor J. Travis Laster has called out as "profoundly misguided" published comments by former U.S. Attorney General William P. Barr criticizing the state's top corporate law courts for "flirtation" with environmental, social and governance principles.

  • November 27, 2023

    Barretts Minerals Pressured To Move Ch. 11 Case To Montana

    The Texas bankruptcy case of Barretts Minerals Inc. should be moved to Montana because the company's ties to Texas are tenuous, the Future Claimants Representative for asbestos victims told the court Monday.

  • November 27, 2023

    Colombia Oil Co. Wants To Challenge McDermott Restructure

    A Colombian state-owned oil company says it has a $1 billion arbitration award on the line and needs permission from a New York federal judge to subpoena a hedge fund manager so it can protect its interests while the company that owes the money restructures in the Netherlands and England.

  • November 27, 2023

    Shell, BP Can't Nab Fed. Venue In Climate Row, 9th Circ. Says

    The Ninth Circuit on Monday rejected five of the world's largest oil and gas companies' attempt to remove climate change litigation spearheaded by San Francisco and Oakland to California federal court, citing numerous prior rulings answering the same jurisdictional question.

  • November 27, 2023

    Robinhood User Says Platform Withheld Info From Investors

    Robinhood and four companies whose shares were available for purchase through the platform are being accused of failing to alert an investor to significant developments, including a reverse stock split and two acquisitions, in a pair of lawsuits filed in Massachusetts state court.

  • November 27, 2023

    Veteran Project Finance Partner Joins Kilpatrick From Stroock

    Kilpatrick Townsend & Stockton LLP announced Monday that it hired an experienced project finance partner from Stroock & Stroock & Lavan LLP who's spent over 30 years working on a wide range of energy projects both domestically and abroad.

  • November 27, 2023

    Locke Lord Brings On Corporate Atty From Sidley In Houston

    Locke Lord LLP announced on Monday the law firm recently fortified its corporate and transactional practice group by hiring a new partner in Houston who came aboard from Sidley Austin LLP.

  • November 27, 2023

    Hogan Lovells Grows D.C. Corporate Team With Energy Atty

    A transactional attorney specializing in the energy sector has moved his practice to Hogan Lovells' Washington, D.C., office to take full advantage of the firm's regulatory team and its international resources.

  • November 27, 2023

    Catching Up With Delaware's Chancery Court

    Delaware's Chancery Court stuffed a lot into a shortened Thanksgiving week, with new cases involving wrestling promoter Vince McMahon, billionaire Howard Lutnick and activist investor Carl Icahn.

  • November 27, 2023

    Beard Energy Transition SPAC Axes Tie-Up With Solar Biz

    Blank-check company Beard Energy Transition Acquisition Corp. and solar and home energy solutions company Suntuity Renewables jointly announced Monday they have called off their planned merger that would have taken Suntuity public at a pro forma enterprise value of $249 million.

  • November 27, 2023

    9th Circ. Axes Montana Mining Company's Appeal

    A Ninth Circuit panel threw out an appeal by Rosebud Mining seeking to upend a Montana federal court ruling finding the Montana Environmental Information Center and the Sierra Club have standing to oppose the company's strip mine expansion, saying it lacks appellate jurisdiction.

  • November 27, 2023

    Dems' Victory Lap: Michigan's Biggest Legislation Of 2023

    Lansing's first Democratic majority in 40 years passed measures to bar discrimination, repealed a product-liability shield for pharmaceuticals and rolled back the previous decade of Republican labor policy. Law360 takes a look at some of the most impactful laws passed in Michigan this year.

  • November 24, 2023

    UK Litigation Roundup: Here's What You Missed In London

    The past week in London has seen Glencore face a claim from collapsed hedge fund Eton Park in the wake of its bribery scandal, the ex-CFO of Peppa Pig and Teletubbies toymaker bring data protection proceedings against the employment barrister who represented him at tribunal, and Delta Airlines check in to fresh trademark proceedings against hotel chain Marriott. Here, Law360 looks at these and other new claims in the U.K.

  • November 22, 2023

    5th Circ. Gives Refineries A Shot At Fuel Program Exemption

    A split Fifth Circuit on Wednesday vacated and remanded six refineries' challenges to a U.S. Environmental Protection Agency decision denying them a hardship exemption from a renewable fuel program, saying the denial was "impermissibly retroactive" and contrary to law, running afoul of the Administrative Procedure Act.

  • November 22, 2023

    Heritage Power Wants To Toss PBGC And Texas Claims

    Power plant operator Heritage Power LLC is seeking to reject claims made by the state of Texas and the federal private pension insurer Pension Benefit Guaranty Corp., saying that the dozens of claims fall short of minimum standards and that the insurer is seeking to be paid multiple times for the same claim.

  • November 22, 2023

    Importers Still In The Dark On Forced Labor Law Compliance

    Two years since the enactment of the Uyghur Forced Labor Prevention Act, the federal government has only become more keen to scrutinize supply chains that run through China, but a lack of clear standards for demonstrating compliance has left importers to fill in the gaps.

Expert Analysis

  • Series

    ESG Around The World: Japan

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    Japan is witnessing rapid developments in environmental, social and corporate governance policies by making efforts to adopt a soft law approach, which has been effective in encouraging companies to embrace ESG practices and address the diversity of boards of directors, say Akira Karasawa and Landry Guesdon at Iwata Godo.

  • How And Why Your Firm Should Implement Fixed-Fee Billing

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    Amid rising burnout in the legal industry and client efforts to curtail spending, pivoting to a fixed-fee billing model may improve client-attorney relationships and offer lawyers financial, logistical and stress relief — while still maintaining profit margins, say Kevin Henderson and Eric Pacifici at SMB Law Group.

  • A Case For The Green Investment Regime Under The ECT

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    The EU and U.K.'s potential plans to exit the Energy Charter Treaty, which has been criticized as protecting fossil fuel investments to the detriment of energy transition, ignore the significant strides taken to modernize the treaty and its ability to promote investment in cleaner energy forms, say Amy Frey and Simon Maynard at King & Spalding.

  • Opinion

    Judicial Independence Needs Defense Amid Political Threats

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    Amid recent and historic challenges to the judiciary from political forces, safeguarding judicial independence and maintaining the integrity of the legal system is increasingly urgent, says Robert Peck at the Center for Constitutional Litigation.

  • ESG Accountability: From Reactive To Proactive

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    As more standards bodies and regulators develop and release their rules for sustainability and climate disclosures, organizations have an opportunity to establish leadership and unlock opportunities by making proactive commitments to tracking and reporting on environmental, social and governance issues, says Anthony Campanelli at Deloitte.

  • How Law Firms Can Use Account-Based Marketing Strategies

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    Amid several evolving legal industry trends, account-based marketing can help law firms uncover additional revenue-generating opportunities with existing clients, with key considerations ranging from data analytics to relationship building, say Jennifer Ramsey at stage LLC and consultant Gina Sponzilli.

  • Leveraging Municipal Bonds For Green Energy Finance

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    The U.S.'s transition to renewable energy will require collaboration between public and private capital sources — and that means that lawyers used to working in corporate finance must understand how the municipal bond market functions differently, due to its grounding in the U.S. Constitution, says Ann Fillingham at Dykema.

  • Mitigating Costs And Delays In The Energy Transition

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    Achieving net-zero will require constructing a massive amount of new wind, solar and energy storage infrastructure — and while cost overruns and delays are to be expected, contractors and owners can proactively address these problems in their project documents, say Christopher Ryan and Jesse Sherrett at Shearman.

  • AGs' Distaste For Food Bill May Signal Other State Issues

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    States' recent opposition to a proposed federal law that would block them from regulating out-of-state agricultural production could affect issues beyond this narrow debate, such as the balance of state and federal regulatory power, reproductive rights post-Dobbs, and energy production and water use, say Christopher Allen and Stephen Cobb at Cozen O'Connor.

  • Strategic Succession Planning At Law Firms Is Crucial

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    Senior partners' reluctance to retire, the rise of the nonequity partner tier and generational differences in expectations are all contributing to an increasing number of departures from BigLaw, making it imperative for firms to encourage retirement among senior ranks and provide clearer leadership pathways to junior attorneys, says Laura Leopard at Leopard Solutions.

  • Why All Cos. Should Take Note Of Calif. GHG Disclosure Laws

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    Two recent California laws involving the disclosure of greenhouse gas emissions, as well as the U.S. Securities and Exchange Commission's upcoming final rule, focus on financial services firms' so-called financed emissions, meaning vastly more companies than those directly subject to today's reporting mandates will be required to supply climate-related risk disclosures, says David Smith at Manatt.

  • Calif. Climate Disclosure Bills Promise Challenges For Cos.

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    Two novel climate disclosure bills recently passed by the California Legislature will pose challenges for many businesses — especially private companies that are less familiar with climate-related reporting obligations — and will require investments of significant time and effort in processes, procedures and personnel, say John Rousakis and Chris Bowman at O'Melveny.

  • Maximizing Law Firm Profitability In Uncertain Times

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    As threats of an economic downturn loom, firms can boost profits by embracing the power of bottom-line management and creating an ecosystem where strategic financial oversight and robust timekeeping practices meet evolved client relations, says Shireen Hilal at Maior Strategic Consulting.

  • Audit Regulator Review Has Tips On Climate Metric Reporting

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    The U.K. Financial Reporting Council’s recent review of climate-related metrics and targets in listed companies’ annual reports is an extremely useful guide for issuers considering the quality of their disclosure reporting, with a number of key areas identified as central to further improvement, say lawyers at Bryan Cave.

  • FLSA Ruling Highlights Time Compensability Under State Law

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    While the Third Circuit's August decision in Tyger v. Precision Drilling endorsed the prevailing standard among federal courts regarding time compensability under the Fair Labor Standards Act, it also serves as a reminder that state laws will often find a broader range of activities to be compensable, say Ryan Warden and Craig Long at White and Williams.

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