Crane services company TNT said it's negotiating an out-of-court deal to slash debt and infuse another $225 million in cash into the company, but that it faces a Chapter 11 filing if it's unable to get enough creditors on board.
The New York Mercantile Exchange and two former employees must pay a $4 million civil penalty stemming from 2013 accusations from the U.S. Commodity Futures Trading Commission that the duo repeatedly disclosed material nonpublic information to a broker, a New York district court judge ruled.
Spain has slammed a Dutch renewable energy firm's latest bid to collect a €64.5 million ($71.35 million) arbitral award against the Iberian nation, telling a D.C. federal judge that he shouldn't remove a stay he imposed because his reasons for imposing it haven't changed.
A U.S. Environmental Protection Agency proposal to establish the first-ever regulations for how costs and benefits are calculated in Clean Air Act rulemaking drew support from a diverse group of industry players who said past practices have been inconsistent and hurt businesses.
The Fifth Circuit ruled Tuesday that the bankrupt Westmoreland Coal Co. can modify or revoke its retirees' health benefits, holding that a 1988 amendment to the U.S. Bankruptcy Code overrides a 1992 law designed to protect retired miners from losing these benefits.
The Ninth Circuit on Tuesday stood by its ruling that fossil fuel companies will have to face suits brought by several California cities and counties seeking climate change-related infrastructure damages in state court.
An international tribunal has dismissed a nearly $1 billion claim brought against Kazakhstan by a Canadian mining company following a more than 20-year-old dispute stemming from a soured deal to operate gold mines in the country, Kazakhstan's justice ministry said.
The U.S. Department of Justice's argument for why the nation's four biggest railway carriers can't block virtually all the evidence brought against them in long-running private antitrust litigation is "incoherent," the companies told a D.C. federal judge Monday.
The U.S. Army Corps of Engineers has proposed renewing a range of nationwide permits under the Clean Water Act that allow certain activities with minimal impacts to proceed, including one that is the basis for challenges to the Keystone XL pipeline and has been criticized by a federal judge.
U.S. Department of Energy Undersecretary Mark Menezes, previously a Hunton Andrews Kurth LLP partner, has been confirmed by the Senate as Energy Secretary Dan Brouillette's top deputy, the agency announced Tuesday.
DLA Piper has added Sempra Energy's former senior counsel, who guided the company through multiple billion-dollar transactions, to its corporate team in San Diego.
A Florida federal judge has tossed a Guatemalan construction company's motion to vacate a $7.5 million arbitration award stemming from a botched hydroelectric plant, citing "unambiguous" Eleventh Circuit precedent.
A Florida-based energy company has told a New York federal court that General Electric should not get "a second bite of the apple" in going after documents from a related malpractice case against Baker McKenzie over several seized Australian gas turbines.
A Brooklyn federal judge hit a former Keppel Offshore and Marine Ltd. and TechnipFMC consultant from Brazil with a $50,000 fine Tuesday after he admitted helping the two companies pay $55 million of bribes to win contracts from Brazilian energy giant Petrobras.
The Fifth Circuit refused to upend a workplace safety fine against a power line company after a downed line whipped up and made contact with an energized line, causing an electrical shock that killed one employee and severely burned another.
Gulf of Mexico oil and gas exploration company Fieldwood Energy LLC filed for Chapter 11 protection in Texas along with more than a dozen affiliates, marking its second bankruptcy case since 2018 as global energy prices continue to stagnate due to slackening demand driven by the COVID-19 pandemic.
The Fifth Circuit upheld a $2 million verdict Monday for the family of a pipeline technician killed by a valve blast, rejecting Chevron Pipe Line Co.'s argument that his work wasn't connected to the Outer Continental Shelf, a key factor in the law providing for recovery.
A New Jersey federal judge ruled Friday that a securities suit connected to announced investigations into mining giant Glencore PLC's overseas dealings didn't belong in her court.
The company behind the $5.4 billion Mountain Valley natural gas pipeline has been sued in Pennsylvania state court by a contractor accusing it of refusing to pay almost $104 million in excess costs stemming from the energy group's numerous delays, including a failure to clear regulatory hurdles.
Italian oil and gas giant Eni is suing an affiliate of energy infrastructure company Kinder Morgan, accusing the company of breaching an agreement inked as part of a botched deal involving the importation of liquefied natural gas to a billion-dollar Mississippi processing facility.
A group of youths who say the federal government is endangering their futures with policies that exacerbate climate change told the Ninth Circuit that their case is supported by a 1974 ruling from the Fifth Circuit about Alabama's responsibility to provide care for the developmentally disabled.
Two former attorneys of a boutique law firm who have experience defending companies in U.S. investigations involving economic sanctions joined Michelman & Robinson LLP's international trade and white collar practices in New York City as partners last month.
Latham & Watkins LLP steered the most initial public offerings of any law firm during July, a robust month for capital raising that generated 47 IPOs total and kept transactional lawyers furiously busy across many firms.
The Trump administration has attacked the argument by several Native American tribes that a recent U.S. Supreme Court decision upholding the legitimacy of a large reservation in Oklahoma supports their position on a Utah national monument, asserting that the high court ruling is "not on point."
The unsecured creditors of natural gas producer Ultra Petroleum Corp. have asked a Texas bankruptcy judge to reject the company's Chapter 11 plan, saying it undervalues the company and therefore cuts the money available to creditors by at least $475 million.
The U.S. Environmental Protection Agency's recently proposed overhaul of fuel regulations deserves close review, given the breadth of its coverage, the potential implications of revised emissions compliance mechanisms, and new enforcement questions, says Sarah Grey at Arnold & Porter.
If law firms are truly serious about making meaningful change in terms of diversity, they must adopt a demographically neutral, unbiased hiring equation that looks at personality traits with greater import than grades and class rank, says Thomas Latino at Florida State University College of Law.
The U.S.-Mexico-Canada Agreement’s new mechanism for ensuring compliance with Mexico’s labor reforms poses unique challenges for Mexican companies, which now bear the burden of demonstrating that workers' rights are effectively protected, say attorneys at Akin Gump.
With large swaths of the population indoors and primarily online, cybercriminals will be able to exploit law firms more easily now than ever before, but some basic precautions can help, says Joel Wallenstrom at Wickr.
The U.S. Supreme Court's recent decision in Atlantic Richfield Co. v. Christian, addressing the interplay of federal and state environmental statutes, may encourage homeowners and other interested parties to get involved in the Superfund settlement process, say Ed Cohen and Tim Briscoe at Thompson Coburn.
The novel aspect of the U.S. sanctions against Syria under the Caesar Syria Civilian Protection Act is treatment of the Russian government as a sanctioned entity, so businesses should assess their compliance risk and expect similar legislation in the future, says Jeremy Paner at Ferrari & Associates.
Now that law firms are on board with fully remote work environments, they must develop policies that match in-office culture and align partner and associate expectations, says Summer Eberhard at Major Lindsey.
What emerges from the group of 200 federal judges confirmed by the Senate under President Donald Trump is a judiciary stacked with young conservative ideologues, many of whom lack basic judicial qualifications, says Sen. Dianne Feinstein, D-Calif., ranking member of the Senate Judiciary Committee.
As lawyers have had more time to write in recent weeks, the number of law firm alerts has increased massively, but a lot of them fail to capture readers and deliver new business, says Richard Torrenzano at The Torrenzano Group.
The U.S. Supreme Court's ruling last week in U.S. Forest Service v. Cowpasture River Preservation Association removed a major legal obstacle for a pipeline with a route crossing the Appalachian Trail, and could also hasten the resolution of other pipeline lawsuits now pending in federal court, say attorneys at Steptoe & Johnson.
Renee Knake Jefferson and Hannah Brenner Johnson's new book, "Shortlisted: Women in the Shadows of the Supreme Court," is a service to an overlooked group of nine women who were considered for the U.S. Supreme Court before Justice Sandra Day O'Connor was confirmed, and offers constructive tips for women looking to break through the glass ceiling, says Fifth Circuit Judge Jennifer Elrod.
A Texas federal judge’s recent holding in McDonald v. Sorrels that mandatory bar memberships do not violate members' constitutional rights indicates that such requirements survive the U.S. Supreme Court's 2018 decision in Janus, but it may mean that the Supreme Court will address the issue in the not-too-distant future, say Majed Nachawati and Misty Farris at Fears Nachawati.
Attorneys should accept that remote mediation may be their only current option for resolving a dispute and take steps to obtain a fantastic outcome for their clients, including making sure the right people attend the remote mediation and beginning the session with an apology, says Eric Meyer at FisherBroyles.
A recent Federal Energy Regulatory Commission regulation, precluding construction for previously approved pipelines until timely filed rehearing requests are addressed, may impose unnecessary delays on the construction of critical energy infrastructure already found to be in the public interest, say attorneys at Sheppard Mullin.
A recent survey shows that law and prelaw students have serious concerns about the quality and value of remotely provided legal education, and rapid action from the legal community is necessary to prevent promising young people from leaving in favor of other professions, says Mehran Ebadolahi at TestMax.