Global commodity trader Noble Group Ltd. has received approval for the transfer of its assets in both the U.K. and the U.S. courts, clearing the way for the company to complete its restructuring plans.
Three South Korea-based oil refiners and logistics companies pled guilty Wednesday to rigging bids on U.S. Department of Defense fuel supply contracts, violating the Sherman Antitrust Act, and agreed to pay $236 million in criminal fines and civil damages, according to the U.S. Department of Justice.
Emerson Electric Co. asked an Illinois federal judge Tuesday to let it out of a $100 million lawsuit claiming its former subsidiary misappropriated trade secrets that caused a rival’s declined lithium-ion battery sales, saying its status as a former parent company makes liability a “factual impossibility.”
A New York federal judge on Wednesday said the government may introduce evidence in the Foreign Corrupt Practices Act trial of the head of a Chinese nongovernmental organization that he planned to bribe the same United Nations official at the center of Chinese real estate billionaire Ng Lap Seng’s bribery case.
The heirs of two Saudi sheikhs urged a California federal court Tuesday not to toss their suit to confirm an $18 billion arbitral award against Chevron over an oil field development agreement, arguing the oil giant's claims the arbitration was a "sham" are part of its efforts to discredit everyone involved.
All American Oil & Gas Inc. has hit Chapter 11 with roughly $142 million in debt, telling a Texas bankruptcy court it was the victim of a “predatory loan-to-own scheme” orchestrated by two men who began buying up its debt after they were fired from the debtor’s longtime investment bank.
The U.S. Environmental Protection Agency's latest change to a Clean Air Act permitting program will provide clarity to facilities looking to expand their operations and make it easier to avoid more stringent pollution controls, continuing the Trump administration's efforts to make industry-friendly changes to the program.
A Navajo Nation landowners group has urged the Tenth Circuit to rule against environmental groups and another Navajo tribal group seeking to block the Bureau of Land Management from allowing further oil and gas drilling in New Mexico’s Mancos Shale, saying it’s essential to the local economy.
A sport fisherman seriously injured due to the Tennessee Valley Authority’s alleged negligence urged the U.S. Supreme Court on Tuesday to revive his suit, saying a lower appeals court applied the wrong sovereign immunity standard to the federally owned power utility.
Bankrupt electric utility FirstEnergy has reached a settlement with Murray Energy Corp. that will end a dispute over a coal sales contract that Murray claims is worth $3.1 billion, in exchange for a $75 million unsecured claim and renegotiation of the contract’s terms.
Victims of the deadly Camp wildfire in northern California's Butte County said in state court Tuesday that PG&E Corp.'s failure to maintain its infrastructure led to the blaze, just as the utility company closed a $25 million deal to end a suit with another northern California county related to a 2015 wildfire.
A Texas federal judge has granted a win to Carpatsky Petroleum Corp. in a long-running dispute initiated by a Ukrainian oil company over a soured oil and gas development deal, ruling that a $147 million arbitral award issued in the U.S.-based company’s favor precludes the Ukrainian company’s claims.
The Trump administration’s scramble to adjust the process it has set up for companies to obtain exclusions from its steel and aluminum tariffs has continued to attract criticism from importers and domestic producers alike, according to documents published by the government Wednesday.
A D.C. federal judge has allowed two Moldovan oil and gas investors to begin pinning down assets to enforce an approximately $500 million arbitral award issued against Kazakhstan despite a pending appeal, denying the Central Asian nation's bid to pause the proceeding without posting a bond first.
Canada-based Pan American Silver Corp. said Wednesday it will buy fellow precious metal mining company Tahoe Resources in a $1.07 billion deal, with Skadden Arps Slate Meagher & Flom LLP and Borden Ladner Gervais LLP steering the buyer and Neal Gerber Eisenberg LLP and Cassels Brock & Blackwell LLP representing the seller’s independent directors’ committee.
The mother of self-described "frack master" Christopher Faulkner will pay a $10,000 sanction after misrepresenting a state lawsuit she filed against a court-appointed receiver that already resulted in a contempt finding against her, a Texas federal judge said Tuesday.
The National Nuclear Security Administration must pay at least $1.1 million in withheld cash to the company tasked with designing, building and running a now-canceled nuclear fuel facility in South Carolina, the U.S. Court of Federal Claims said Friday.
Uranium giant Kazatomprom completed an initial public offering Tuesday projected to raise $451.3 million from London and Astana, Kazakhstan, investors despite pricing at the bottom of its range, enabling sovereign wealth fund Samruk-Kazyna to trim its stake in the Kazakh behemoth.
WeWork nabbed $3 billion from SoftBank, Saudi Aramco still plans to go public, and BMW is talking to banks while it weighs selling off its credit card unit.
U.S. Environmental Protection Agency Administrator Andrew Wheeler on Tuesday announced a future rulemaking that will “further decrease” nitrogen oxide emissions for certain heavy-duty trucks and engines while promising to also ensure regulatory certainty for industry.
The government of the United Kingdom recently issued its proposal for nuclear trade and collaboration with the European Union after Brexit. But future arrangements for the supply of nuclear fuel may not be finalized until after the U.K. leaves the EU, says Ian Truman of Burges Salmon LLP.
The U.S. Department of Transportation recently issued a rule that could create a faster, less duplicative environmental review process for transportation infrastructure projects. Samina Bharmal and Peter Whitfield of Sidley Austin LLP provide insight into its key features.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Katie DeBord, chief innovation officer at Bryan Cave Leighton Paisner LLP.
Based on last week's U.S. Supreme Court oral arguments in Virginia Uranium v. Warren, it appears the court will reject the Fourth Circuit’s reasoning that Virginia’s purpose is irrelevant to the question of whether the state's ban on mining is preempted by the Atomic Energy Act, says Michael Murphy of Gibson Dunn & Crutcher LLP.
With few cases going to trial, many attorneys keep their oral-presentation skills sharp by teaching continuing legal education programs. To avoid giving a CLE that falls flat and damages your reputation, you must fashion a thoughtful message, control its presentation, and nail the beginning and ending, says Daniel Karon of Karon LLC.
Last week's midterm elections changed the regulatory landscape for energy and the environment in three subtle yet significant ways, say attorneys with Kirkland & Ellis LLP.
Since the oldest members of Generation Z aren’t even finished with law school yet, law firm management is in a unique position to prepare for their entrance into the legal workforce, says Eliza Stoker of Major Lindsey & Africa.
The Federal Energy Regulatory Commission's enforcement staff recently recommended that FERC drop a case against Footprint Power LLC. This may be an effort to address criticism that the enforcement process has become a guaranteed win for the commission, say Todd Mullins and Christopher McEachran of McGuireWoods LLP.
The new Democratic House majority is expected to direct much of its attention to executive branch oversight and accountability. Companies and their legal counsel should be prepared for a dramatically changed collateral environment as investigations cover a wide range of topics, say attorneys at WilmerHale.
In this series featuring law school luminaries, Yale Law School lecturer and Pulitzer Prize-winning reporter Linda Greenhouse discusses her coverage of the U.S. Supreme Court, the conservatives' long game and trends in journalism.