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Energy
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November 13, 2023
Pipeline Builder Says It's Owed $4 Million For Done Deal
A Mississippi-based pipeline construction company told a Denver jury Monday that a Marathon Petroleum Corp. subsidiary manufactured an excuse not to pay the final $4.1 million of a roughly $40 million project, denying allegedly unfinished work was part of the deal.
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November 13, 2023
Justices Urged To Turn Away Venezuela's Debt Challenge
Six major creditors of Venezuela are urging the U.S. Supreme Court not to disturb a Third Circuit ruling that affirmed the country's state-owned oil company is liable for the country's massive debts, rebutting an argument that the appeals court "broke new ground" in its sovereign immunity analysis.
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November 13, 2023
Macquarie Warns Justices Of 'Crippling' Disclosure Litigation
Macquarie Group affiliates told the U.S. Supreme Court on Monday that shareholders should not be allowed to sue companies that remain silent on subjective measurements of financial performance, arguing that lawsuits based on disclosure omissions could "open the floodgates to potentially crippling private securities fraud liability."
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November 13, 2023
WH Aims To Boost Semiconductor Manufacturing In Indonesia
The Biden administration on Monday announced it will work with Indonesia to grow semiconductor production in the country, saying the partnership promises to feed a supply chain that supports digital technologies that are transforming the global economy.
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November 13, 2023
Capstone Wins Ch. 11 Plan Confirmation After Goldman Deal
A Delaware bankruptcy judge on Monday said she would confirm the Chapter 11 plan and final $27 million debtor-in-possession financing package for generator manufacturer Capstone Green Energy after it reached a deal with its lender Goldman Sachs on its debt-equity swap and exit financing.
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November 13, 2023
9th Circ. Judge Doubts Jurisdiction In Montana Mine Case
A Ninth Circuit panel on Monday questioned whether it was proper for it to decide a mining company's standing challenge to environmentalists opposed to the company's strip mine expansion, with one judge noting the decision under review was non-final.
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November 13, 2023
Trina Solar Looks To Pause Appeal Until High Court Decision
Trina Solar is asking the Ninth Circuit to pause its appeal in a $100 million contract breach suit filed by a TotalEnergies unit until the U.S. Supreme Court decides whether arbitration is the right venue in a putative class action against cryptocurrency exchange Coinbase, which would provide key guidance for its case.
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November 13, 2023
Polsinelli Bolsters Public Policy Practice With 2 Hires
Polsinelli PC is continuing an expansion of its public policy practice with the addition of two attorneys: one a former senior counsel for a U.S. senator and the other a former senior director at the world's largest retail trade association.
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November 13, 2023
Energy Regulators Urge Texas Justices To Restore Uri Pricing
Failing to restore emergency orders that helped keep the power on during a deadly winter storm two years ago would provoke energy market chaos and weaken authorities' response to future crises, Texas companies and regulators have told the state's supreme court.
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November 13, 2023
Endangered Whales Focus For 5th Circ. In Gulf Leasing Row
A Fifth Circuit panel on Monday probed attorneys representing environmental groups and petroleum interests on whether nearly-extinct Rice's whales lived in the Western Gulf of Mexico and if restrictions on federal gas and oil leases in the area were justified to protect the imperiled species.
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November 13, 2023
Canadian Silica Maker, Singaporean AI Firm Ink SPAC Deals
A Canadian silica producer and a Singaporean artificial intelligence business announced plans to go public in the United States on Monday by merging with special-purpose acquisition companies, under the guidance of at least eight law firms combined.
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November 13, 2023
Calif. Says Rail Lobby Can't Block Locomotive Emissions Rule
The state of California has fired back at a trade group's lawsuit seeking to block a regulation requiring railroad companies to transition to zero-emission locomotives, arguing a decision to scrap the rule can only be made by the U.S. Environmental Protection Agency.
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November 13, 2023
Creditors Say Puerto Rico Gov't Stopped Paying Utility Debt
A pair of Puerto Rican electric utility bondholders have filed a suit against the island's government, claiming it has cost them millions of dollars by improperly interfering with the bankrupt utility's ability to pay back its bonds.
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November 13, 2023
Tribes' Claims Seeking To Block Lithium Mine Axed, For Now
A Nevada federal judge dismissed claims from three Native American tribes seeking to block construction of the country's largest open pit lithium mine but will allow them to amend their complaint against the U.S. government, saying allegations of violations against historic preservation law and land policy are not adequately reflected in their arguments.
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November 13, 2023
Feds Insist They Can Approve Temp Nuke Waste Storage Sites
The U.S. Nuclear Regulatory Commission on Thursday told the D.C. Circuit that it had the authority to issue a license for a proposed temporary nuclear waste site in New Mexico, doubling down on its disagreement with a recent Fifth Circuit ruling.
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November 13, 2023
Attys Seek $2.1M Award In Pebble Mine Buildout Suit
Lawyers for Northern Dynasty Minerals Ltd. shareholders have asked a New York federal court to sign off on a more than $2.1 million class counsel compensation request, saying the nearly $6.4 million settlement they secured is an "excellent" result for clients, given that the company is "strapped for cash."
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November 13, 2023
NJ Panel Says Turbine Maker's Row With Attys Belongs In Pa.
A New Jersey appellate panel on Monday said a turbine manufacturer's lawsuit against Pennsylvania attorneys and their law firms belongs in the Keystone State, finding a lower court did not abuse its discretion when it determined the suit did not belong in New Jersey.
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November 13, 2023
Geothermal Spat Should Stay As One Suit, Co-Founder Says
The co-founder of a geothermal energy company has urged a Colorado federal judge to toss a suit by his ex-business partner, arguing that the allegations are identical to the counterclaims she brought in his separate lawsuit over ownership of the company.
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November 13, 2023
Catching Up With Delaware's Chancery Court
Lots of travel-related litigation in Delaware's Court of Chancery last week, with cases involving TripAdvisor, Hertz Global Holdings, engine parts manufacturer Carter Carburetor, and a reference to the purgatorial Hotel California. In case you missed it, here's the latest from Delaware's Chancery Court.
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November 13, 2023
Safety Testing Group UL Looks To Make Mark On IPO Market
Safety science company UL Solutions Inc. on Monday filed initial public offering plans, guided by Latham & Watkins LLP and underwriters counsel Weil Gotshal & Manges LLP, joining a handful of companies eyeing public debuts before a choppy year for IPOs ends.
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November 13, 2023
Huntsman Atty Peter Jordan Joins Mayer Brown In Houston
Mayer Brown LLP has added an experienced litigator with both in-house experience at Hunstsman Corp. as well as private practice experience to its litigation and dispute resolution practice, the firm announced Monday.
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November 13, 2023
Corps' Fish Farm Permit Dead In Water, Groups Tell Judge
The U.S. Army Corps of Engineers issued a nationwide permit opening federal ocean waters up to industrial finfish aquaculture operations without congressional authorization or adequate environmental reviews, a coalition of nonprofits and the Quinault Indian Nation said in a bid to have the permit struck down.
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November 13, 2023
Wiley Rein Adds Policy Adviser From Energizer
The former global head of environmental health and safety for the national battery and manufacturing company Energizer Brands LLC has left his in-house role after more than two decades to join Wiley Rein LLP, the firm recently announced.
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November 13, 2023
3 Firms Steer Mach Natural's $815M Anadarko Basin Play
Oklahoma City-based Mach Natural Resources LP said Monday it has agreed to pay $815 million in cash for certain interests in oil and gas properties located in the Anadarko Basin from EnCap Investments-backed Paloma Partners IV LLC and its affiliates.
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November 13, 2023
AustralianSuper Denies Brookfield Offer On $12.4B Origin Buy
AustralianSuper, the largest shareholder in Origin Energy, said Monday it has rejected an offer from Brookfield Renewable Partners and EIG for AustralianSuper to participate in the consortium's ongoing attempts to buy the Australian energy company.
Expert Analysis
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Self-Disclosure Lessons From Exemplary Corp. Resolutions
With scant examples of corporate resolutions in the wake of U.S. Department of Justice self-disclosure policy changes last fall, companies may glean helpful insights from three recent declination letters, as well as other governmental self-reporting regimes, say Lindsey Collins and Kate Rumsey at Sheppard Mullin.
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Offshore Wind Auction Results Portend Difficulties In Gulf
Results of the Bureau of Ocean Energy Management's recent auction of the Gulf of Mexico lease areas tell different stories about the future of offshore wind in the U.S., with the Gulf’s low interest suggesting uncertainty and the Mid-Atlantic’s strong interest suggesting a promising market, say attorneys at K&L Gates.
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ABA's Money-Laundering Resolution Is A Balancing Act
While the American Bar Association’s recently passed resolution recognizes a lawyer's duty to discontinue representation that could facilitate money laundering and other fraudulent activity, it preserves, at least for now, the delicate balance of judicial, state-based regulation of the legal profession and the sanctity of the attorney-client relationship, say attorneys at Ballard Spahr.
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Bid Protest Spotlight: Unfair Advantage, Buy American Waiver
In this month's bid protest roundup, James Tucker at MoFo offers takeaways on one decision that considers unfair proposal development advantages in the context of an employee's access to nonpublic information in a prior federal government position, and another decision that reconsiders a contract award based on an inadequately supported waiver of Buy American Act restrictions.
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2 High Court Cases Could Upend Administrative Law Bedrock
Next term, the U.S. Supreme Court will be deciding two cases likely to change the nature and shape of agency-facing litigation in perpetuity, and while one will clarify or overturn Chevron, far more is at stake in the other, say Dan Wolff and Henry Leung at Crowell & Moring.
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Prevailing Wage Rules Complicate Inflation Act Tax Incentives
Nicole Elliott and Timothy Taylor at Holland & Knight discuss the intersection between tax and labor newly created by the Inflation Reduction Act, and focus on aspects of recent U.S. Department of Labor and U.S. Department of the Treasury rules that may catch tax-incentive seekers off guard.
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Issues To Watch As Biochar Carbon Project Demand Heats Up
Entities considering financing, constructing or operating biochar projects should evaluate the increasing demand for biochar as a soil amendment, the potential to generate revenue from carbon credits and produce other byproducts, and a variety of legal hurdles in this rapidly emerging market, say Mackenzie Schoonmaker and Astrika Adams at Beveridge & Diamond.
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Law Firm Professional Development Steps To Thrive In AI Era
As generative artificial intelligence tools rapidly evolve, professional development leaders are instrumental in preparing law firms for the paradigm shifts ahead, and should consider three strategies to help empower legal talent with the skills required to succeed in an increasingly complex technological landscape, say Steve Gluckman and Anusia Gillespie at SkillBurst Interactive.
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Industry Takeaways From OMB's Final Buy America Guidance
The Office of Management and Budget's recently released guidance on "Buy America" requirements for federal infrastructure projects provides clarity in certain areas but fails to address troublesome inconsistencies with state laws and international trade agreements, so manufacturers and suppliers will need to tread carefully as agencies implement the changes, say Amy Hoang and Sarah Barney at Seyfarth Shaw.
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Texas Produced Water Ruling Helps Clarify Oil, Gas Leases
A Texas state appeals court's recent opinion in Cactus Water Services v. COG Operating, holding that the mineral lessee under an oil and gas lease owns the water extracted during oil and gas production, is a first step toward clarity on an issue that has divided the midstream industry, say attorneys at Mayer Brown.
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Pa. Case Highlights Complexity Of Oil And Gas Leases
A Pennsylvania state court's recent decision in Douglas Equipment Inc. v. EQT Production Co. is a reminder that oil and gas leases are rather strange creatures — morphing from something akin to a traditional surface lease to a mineral property conveyance the moment oil and gas is produced, says Christopher Rogers at Frost Brown.
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New 'Waters' Rule May Speed Projects, Spawn More Litigation
The Biden administration's new rule defining "waters of the United States" in accordance with a recent U.S. Supreme Court decision will remove federal protection for some wetlands — which could both enable more development and lead to more legal challenges for projects, says Marcia Greenblatt at Integral Consulting.
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The Basics Of Being A Knowledge Management Attorney
Excerpt from Practical Guidance
Michael Lehet at Ogletree Deakins discusses the role of knowledge management attorneys at law firms, the common tasks they perform and practical tips for lawyers who may be considering becoming one.
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How Focus On Congruency Affects Corporate Political Activity
Congruency — whether the contributions made by a company-sponsored political action committee align with the corporation's public statements on issues of social responsibility — is undoubtedly the next frontier in the battle over corporate political activity, despite the limited success of shareholder proposals on the issue, says Carol Laham at Wiley.
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Mont. Kids' Climate Decision Reflects 3 Enviro Trends
A Montana district court's recent ruling in Held v. Montana represents a rare win for activist plaintiffs seeking to use rights-based theories to address climate change concerns — and calls attention to three environmental trends that are increasingly influencing climate litigation and policy, says J. Michael Showalter at ArentFox Schiff.