Energy

  • September 03, 2019

    3 Firms Assist On $2.9B Deal For Contracting Co. APi Group

    Special purpose acquisition company J2 Acquisition said Tuesday it will pay roughly $2.9 billion for APi Group, which owns contracting businesses that provide services in industries including energy and construction, in a deal guided by Greenberg Traurig, Faegre Baker and Fredrikson Byron. 

  • September 03, 2019

    Delek To Pay $2.3M Over 2013 Arkansas Oil Spill

    Delek Logistics Operating LLC has agreed to pay a $2.3 million penalty and enhance its spill response capabilities to settle allegations stemming from an oil spill at its facility in Arkansas, according to the U.S. Environmental Protection Agency.

  • September 03, 2019

    Mining Investors Victimized By Och-Ziff Bribes, Judge Finds

    Investors in a mining venture were victimized when an Och-Ziff Capital Management Group unit bribed African judges as it sought control over a Congolese mine, a Brooklyn judge has ruled, ordering briefing on restitution in the wake of Och-Ziff's $413 million Foreign Corrupt Practices Act settlement.

  • August 30, 2019

    US Sanctions Shippers Over Fuel Sales To N. Korea

    The Trump administration on Friday blacklisted a network of businesses and individuals from Taiwan and Hong Kong for their role in an alleged scheme to ship fuel to North Korea in violation of U.S. sanctions.

  • August 30, 2019

    PTAB Grapples With Motor Oil Patent Challenged By Chevron

    The Patent Trial and Appeal Board probed Friday whether a skilled artisan would have been reasonably likely to come up with a motor oil formulation covered by an Infineum USA LP patent that Chevron wants the board to knock out.

  • August 30, 2019

    DC Circ. Backs EPA Refusal To Shift Biofuel Obligations

    The D.C. Circuit rejected a slew of challenges to the U.S. Environmental Protection Agency's implementation of the Renewable Fuel Standard program Friday, most notably the agency's refusal to shift the point of obligation to comply from refiners to fuel blenders.

  • August 30, 2019

    Texas Justices To Hear Importer’s Tax-Free Zone Claim

    A crude oil importer storing products in a local tax-free “subzone” can challenge a lower court ruling that the subzone operator's corporate structure change caused the importer to lose access to the subzone's tax exemptions, the Texas high court said Friday.

  • August 30, 2019

    5th Circ. Upholds $4.2M Award In Longshoreman's Fatal Fall

    A Fifth Circuit panel unanimously approved a $4.2 million judgment for the family of a longshoreman who died on a junked oil rig in Louisiana but sent the case back to a lower court for tweaks to interest on the award.

  • August 30, 2019

    US Bribery Law Can't Clear Korean Official, 9th Circ. Says

    The Ninth Circuit upheld a South Korean earthquake researcher's money laundering conviction on Friday, saying the law that prohibits laundering the proceeds of certain foreign crimes imposes no special requirements when it comes to laundering connected to bribes.

  • August 30, 2019

    Uzbekistan To Challenge Immunity Ruling In $13M Award Fight

    Uzbekistan has appealed a D.C. federal court ruling rejecting its sovereign immunity defense in litigation filed by a Guernsey-based arbitration funder to enforce a $13 million arbitral award following a gold and silver mining and tax dispute.

  • August 30, 2019

    ConocoPhillips $8.7B Venezuela Award Trimmed To $8.5B

    Venezuela has convinced an international tribunal to shave $227 million off a more than $8.7 billion award to ConocoPhillips earlier this year after the country nationalized three of its oil projects — a decision the oil behemoth said it does not intend to challenge.

  • August 30, 2019

    Venezuela Warns Against Rushing Its Crystallex Award Appeal

    Venezuela is fighting Crystallex's bid to rush the appeals process of a $1.2 billion arbitration award issued against the country, telling the Third Circuit that a hasty decision would cause "catastrophic, irreparable harm."

  • August 30, 2019

    Texas High Court To Hear $100M Church Case, Utility Fight

    The Texas Supreme Court on Friday set more cases for its fall docket, including a $100 million dispute over Episcopal Church property, the immunity of a private university after a police-involved shooting and how easements should be interpreted.

  • August 30, 2019

    Taxation With Representation: Sullivan, Baker Botts, Kirkland

    In this week’s Taxation With Representation, Amgen shells out $13.4 billion for a psoriasis drug, BP PLC sells its entire Alaska business for $5.6 billion and PDC Energy expands its Denver foothold with a $1.7 billion acquisition.

  • August 30, 2019

    Texas High Court Will Ref $230M Energy Asset Deal Fight

    The Texas Supreme Court on Friday agreed to review a dispute over a $230 million sale agreement for oil and gas assets, in which an appellate court revived a suit claiming a group of Texas Panhandle property owners breached the agreement by selling to a third party.

  • August 30, 2019

    GE Shareholders See Performance Cover-Up Claims Trimmed

    General Electric and several of its executives escaped most of the securities fraud claims in a proposed shareholder class action accusing the industrial giant of covering up performance problems, after a New York federal judge trimmed the suit Thursday.

  • August 30, 2019

    $3B Petrobras Settlement Clears Final Hurdle In 2nd Circ.

    The Second Circuit affirmed the approval of Petrobras’ $3 billion securities class action settlement related to the Brazilian oil giant’s massive corruption scandal, providing a green light for the year-old deal to move forward.

  • August 30, 2019

    Halt To Pipeline Work Unnecessary, Feds Tell 4th Circ.

    Environmental groups shouldn't be allowed to halt construction on the Mountain Valley pipeline while they challenge the legality of an underlying U.S. Fish and Wildlife Service assessment because new construction on the project has already been suspended, federal agencies told the Fourth Circuit.

  • August 30, 2019

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

    The last week has seen law firm Addleshaw Goddard appeal in a dispute with a campground provider, a British nursing home sue Zurich for breach of contract and an environmental group take on AIG and Glencore. Here, Law360 looks at these and other claims in the U.K. you may have missed this week.

  • August 29, 2019

    Reversing Course, FERC Dumps NY's Pipeline Permit Denial

    The Federal Energy Regulatory Commission said late Wednesday that New York environmental regulators blew a one-year deadline to act on a Clean Water Act permit for a $683 million pipeline project, an about-face from last year, when it backed the Empire State's permit denial.

  • August 29, 2019

    Insurers Can't Revive $500M Rig Suit Against Marine Surveyor

    A Texas federal judge on Thursday rejected a bid by insurance underwriters for Chevron Corp. to rethink her ruling that they can’t hold marine surveyor American Global Maritime Inc. liable after they paid $500 million to cover losses from the failure of an offshore oil rig.

  • August 29, 2019

    Bid To Confirm €112M Arbitral Award Against Spain Halted

    A D.C. federal court paused a bid to confirm a €112 million ($123.9 million) arbitral award against Spain in a dispute over the country yanking economic incentives for renewable energy producers, pending the International Centre for Settlement of Investment Disputes' decision on whether to annul the award.

  • August 29, 2019

    2nd Circ. Affirms BP, Shell's Escape From Oil Antitrust Claims

    The Second Circuit on Thursday affirmed the dismissal of antitrust and Commodity Exchange Act claims brought against BP PLC, Royal Dutch Shell PLC and other energy companies over the alleged manipulation of overseas oil prices.

  • August 29, 2019

    Deals Rumor Mill: Aramco, Hilton Grand Vacations, Ferretti

    Saudi Aramco could bifurcate a planned initial public offering, Hilton Grand Vacations is exploring options after private equity firms expressed interest in buying the company, and Ferretti wants to list as much as 35% of the business in an IPO.

  • August 29, 2019

    Pa. Regulator Fines Sunoco $319K Over Pipeline Issues

    The Pennsylvania Department of Environmental Protection on Thursday announced two fines totaling roughly $319,000 for environmental issues related to Sunoco Pipeline LP's troubled Mariner East 2 pipeline project.

Expert Analysis

  • High Court May Take On Preemption In Superfund Case

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    The U.S. Supreme Court recently agreed to review a Montana Supreme Court decision allowing common-law environmental cleanup claims at sites already subject to U.S. Environmental Protection Agency cleanup orders. The court may have taken the case because it addresses federal agencies' authority to preempt state-level claims, say Jeffrey Dintzer and Greg Christianson of Alston & Bird.

  • Q&A

    A Chat With Ballard Spahr Diversity Chief Virginia Essandoh

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    In the final installment of this monthly series, legal recruiting expert Carlos Pauling from Major Lindsey & Africa talks with Virginia Essandoh about the trends and challenges she sees as chief diversity officer at Ballard Spahr.

  • Series

    Judging A Book: McMahon On 'Roosevelt For The Defense'

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    In "Theodore Roosevelt for the Defense," authors Dan Abrams and David Fisher meticulously chronicle the forgotten high-profile 1915 libel trial of Teddy Roosevelt, capturing the interesting legal customs of an era before things like notice pleading and pretrial discovery, says Chief U.S. District Judge Colleen McMahon of the Southern District of New York.

  • AXA's New Bond Proposal May Expand Sustainable Finance

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    A recent call by AXA Investment Managers for market recognition of “transition bonds” reflects an evolution in how investors are grappling with bringing conventional businesses not seen as sustainable into the sustainable finance world, say attorneys at Latham.

  • An Analytical Approach To Defending Securities Class Claims

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    A recent analysis indicates that 33 securities class action complaints filed in the last year contain at least one alleged stock price drop that does not surpass the standards of indirect price impact. Verifiable absence of indirect price impact can help directors and officers execute a successful defense to negate class treatment, says Nessim Mezrahi of SAR.

  • Offshore Rig Ruling Checks State Claims At Shore

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    The U.S. Supreme Court's broad ruling in Parker Drilling v. Newton that federal — not state — wage laws apply to offshore oil workers is an important win for companies with operations on the Outer Continental Shelf, say attorneys at Paul Hastings.

  • DOJ's Citgo Case Highlights Reach, And Limits, Of FCPA

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    The bribes a Miami businessman recently admitted paying to executives of gasoline retailer Citgo violated the Foreign Corrupt Practices Act, because Citgo is owned by the Venezuelan government. But there is scant case law for the U.S. Department of Justice to rely on in a case against Citgo itself, says Timothy Belevetz of Ice Miller.

  • Shippers Look To High Court For 'Safe Berth' Resolution

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    A charterer that nominates a “safe berth” to load and discharge cargo may or may not be obligated to guarantee the berth’s safety for the vessel, depending on where the issue is being litigated. The U.S. Supreme Court has an opportunity to resolve the question in its upcoming ruling in Frescatti Shipping, says Andrew Stakelum of King & Spalding.

  • 5 Ways Law Firms Can Improve Their Job Interviews

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    When evaluating potential new hires, law firms should utilize structured interviews in order to create a consistent rating system that accurately and effectively assesses candidates' skills and competencies, says Jennifer Henderson of Major Lindsey.

  • Colo.'s New Oil And Gas Law Shifts Rulemaking Landscape

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    A new Colorado law dramatically changes the regulation of oil and gas development in the state. Oil and gas development opponents and proponents should prepare for years of complicated rulemaking and public comment opportunities at the Colorado agencies, say Zachary Fitzgerald and Ivan London of Bryan Cave.

  • How To Streamline Virtual Law Team Mass Tort Defense

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    A primary benefit of the virtual law team in mass tort litigation is creative collaboration. A "company case" approach is essential to breaking down the silos between team members, say attorneys at FaegreBD and Reed Smith.

  • Series

    Why I Became A Lawyer: A Fateful Phone Call

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    When I was growing up, my mother was always the more mild-mannered parent. But during a trans-Atlantic phone call in 1991, when I told her I wanted to go to culinary school instead of law school, she started yelling — at a volume I had never heard from her, says Jason Brookner of Gray Reed.

  • Law Firms Can Do Better With Their Mentoring Programs

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    There are a few practical, proactive steps law firms can take to create a mentoring program that pays dividends — instead of creating a mediocre program that both parties see as an obligation, says Kate Sheikh of Major Lindsey & Africa.

  • How To Comply With NYC's New Climate Mobilization Act

    Excerpt from Lexis Practice Advisor
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    Even though compliance is not mandated until 2024, New York City building owners should begin taking steps now to prepare for the Climate Mobilization Act's new limits on buildings' greenhouse gas emissions, say YuhTyng Patka and David Miller of Duval & Stachenfeld.

  • The Latest Developments In Criminal Cases Against Execs

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    This spring, there was some noteworthy news in white collar government investigations impacting executives, including the first successful prosecution in the opioid bribery scheme and the first criminal charges for failure to report under the Consumer Product Safety Act, say attorneys at Miller & Chevalier.

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