A research engineer who worked for General Electric Co. for more than eight years admitted Thursday to swiping trade secrets from his previous employer in hopes of using the information to start his own venture.
A Canadian gold mining company boasted about nonexistent improvements in its mining operations in Ghana only to reveal "a laundry list of issues" later on that caused share prices to plummet, a proposed class of investors is alleging in California federal court.
Anadarko Petroleum Corp. hasn't mounted a strong enough case to convince a Wyoming federal court to dismiss claims that the company has been collecting drilling permits it doesn't intend to use in order to keep others from profiting off certain swaths of land.
Chevron has gotten a Texas jury's award of $1.1 million boosted to a final judgment of more than $15.6 million against a company that infringed its trademark to dupe other companies into doing business with it.
Oil and gas driller Southland Royalty Co. LLC received bankruptcy court approval Thursday for a $53 million sale of its assets in the San Juan Basin of Colorado and New Mexico to stalking horse bidder Morningstar Operating LLC following a virtual auction.
New oil and gas pipeline projects can't use an expedited Clean Water Act permitting process while the federal government and Keystone XL pipeline developer appeal a judge's order barring the use of the permit, the Ninth Circuit said Thursday.
The U.S. Treasury Department on Wednesday formally announced an extension of eligibility deadlines for renewable energy tax credits, easing the minds of coronavirus-impacted wind and solar developers worried that blowing project milestones might cost them some or all of their credits.
The IRS on Thursday proposed long-awaited rules detailing how companies can qualify for carbon capture tax credits by demonstrating that they have securely stored or disposed of carbon that has been captured from the atmosphere.
In Law360's latest roundup of deal-makers on the move, Sidley Austin nabbed Shearman & Sterling's former head of global leveraged finance and private capital; Baker McKenzie added a banking and finance pro in Hong Kong; and Orrick picked up an M&A and private equity partner in Paris.
Energy industry groups urged the Fifth Circuit on Thursday to revisit en banc a ruling that a former Helix Energy Solutions offshore oil rig employee wasn't exempt from overtime pay under the Fair Labor Standards Act, arguing the panel's decision violates a U.S. Supreme Court directive.
Several environmental groups want the D.C. Circuit to force the Federal Energy Regulatory Commission to reconsider approving a $10 billion liquefied natural gas export project in Oregon, after the state said the project wouldn't meet its environmental standards.
Engineering company Dresser-Rand Co. urged a New York federal court Wednesday to order a subsidiary of Venezuela's state-owned oil company to pay $132.3 million owed under a defaulted bond, saying further delay will leave it at a disadvantage when trying to compete with other creditors.
Two cryptocurrency mining companies and their founder racked up a $3.7 million tab powering their servers and haven't settled up, a tribal-owned power company has told a Montana federal court.
Gerdau Ameristeel US Inc. said a Travelers Companies Inc. subsidiary breached its insurance contract when it refused to foot a portion of a $4.75 million verdict against the steel company and others for the death of an apprentice electrician, according to a lawsuit filed Thursday in Georgia federal court.
A trucking company accusing two oil-trading firms of fixing gas prices is asking a California federal judge to tie three more recently filed but similar suits to its own complaint, saying the proposed class actions belong together.
An asbestos abatement company can pursue some of its claims that a power plant owner is unfairly benefiting from its refusal to pay the extra costs for a project that ballooned from $8 million to nearly $24 million, a Michigan federal court said Thursday.
House and Senate lawmakers on both sides of the aisle proposed $100 billion in new funding to boost U.S. science and technology research under a bill called the Endless Frontier Act unveiled Wednesday.
The U.S. Court of International Trade refused Wednesday to toss a lawsuit challenging the Trump administration's decision to place duties on double-sided solar panels that had previously been exempt, ruling that the government's recent move to issue a fresh determination on the exemption doesn't kill the case.
A coalition of more than 20 states and local governments led by California challenged the Trump administration's new greenhouse gas and fuel economy standards in the D.C. Circuit on Wednesday, arguing they are an unlawful retreat on a major climate change policy that will make public health worse.
The Ninth Circuit's rulings this week that federal law wasn't implicated in litigation seeking to hold fossil fuel companies accountable for climate-change-related infrastructure damage add to the legal momentum to keep the latest wave of climate torts in state courts. Here are five takeaways from the Ninth Circuit's decisions.
A bench trial on whether to confirm Pacific Gas and Electric Co.'s $58 billion bankruptcy reorganization plan kicked off Wednesday with opponents raising questions about a possible conflict of interest by the consulting firm that solicited fire survivors' votes on the proposal.
The U.S. Court of International Trade affirmed significantly higher anti-dumping duties on Hyundai power transformers from South Korea after a U.S. manufacturer challenged the initial determination at 4.07% as too low.
A potential impediment to Crystallex's efforts to seize shares in Citgo's parent company to enforce a $1.2 billion arbitral award against Venezuela was removed after the U.S. Supreme Court rejected the case, but the Canadian miner's legal woes are still far from over.
A Spanish company wants the Fifth Circuit to postpone a July trial start date in a $165 million dispute involving Petrobras, arguing a federal judge in Texas has disregarded pandemic-related safety concerns and the wishes of the parties with so soon a trial date.
A North Dakota oilfield services provider said it should not have to face accusations that it bilked an oil and gas driller out of roughly $2.4 million because the lawsuit doesn't back up its claims with supporting facts.
While pulling off an effective summer associate program this year will be no easy feat, law firms' investments in their future attorneys should be considered necessary even during this difficult time, says Summer Eberhard at Major Lindsey.
The recent large drop in oil prices — and in the prices of futures contracts tied to oil — resulting from the COVID-19 pandemic has generated substantial losses for many retail investors, and precedent suggests this may lead to a wave of litigation against fund managers, say economists at Bates White.
While a recent trend of federal courts holding that U.S. Patent and Trademark Office decisions instituting inter partes reviews are not appealable requires close following, there are two remedies practitioners can seek apart from appeal, say Brett Cooper and Kevin Schubert at McKool Smith.
Initially incomprehensible, it turns out that conducting trial by video is reasonable and relatively convenient, as long as lawyers do not try to recreate the courtroom experience, say Wheeler Trigg attorneys Joel Neckers and Peter Herzog, who recently participated in an online bench trial in United Power v. Tri-State before the Colorado Public Utilities Commission.
History suggests that legal malpractice claims will rise following the current economic downturn, and while a certain percentage of the claims will be unavoidable, there are prophylactic steps that law firms can take, says John Johnson at Cozen O'Connor.
The New York Public Service Commission's recent order directing investor-owned utilities to rapidly review their distribution and local transmission infrastructure represents a turning point in the state's efforts to update its electric grid for green energy — so interested stakeholders must weigh in soon, says Kevin Blake at Phillips Lytle.
Although noncompete clauses often play a vital role in mergers and acquisitions, they are not immune from antitrust scrutiny — exemplified by three recent Federal Trade Commission challenges, say Joel Grosberg and Lisa Rumin at McDermott.
The U.S. Supreme Court’s upcoming opinion in Liu v. U.S. Securities and Exchange Commission may call into question when Foreign Corrupt Practices Act settlements should be subject to disgorgement, say Matthew Rutter and Neal Hochberg at Charles River Associates.
During the current pandemic, counsel for energy companies must be prepared for the market condition known as contango — where short-term and long-term energy prices operate differently — and with pressure from banks providing reserve-based lending facilities, says Cameron Kinvig at Lexis Practice Advisor.
Concerns that videoconferenced arbitration hearings compromise an arbitrator's ability to reliably resolve credibility contests are based on mistaken perceptions of how many cases actually turn on credibility, what credibility means in the legal world, and how arbitrators make credibility determinations, says Wayne Brazil at JAMS.
To create jobs and address the country's $4.5 trillion infrastructure backlog, the federal government should enact coronavirus relief directed at infrastructure investment, leveraged by the allocation of funds for public-private partnerships, say Andrej Micovic and Eric Singer at Bilzin Sumberg.
A recent commitment from the European Union's commissioner for justice to introduce rules for mandatory corporate human rights due diligence next year may signal the arrival of this issue as a global business imperative, making it as fundamental as anti-corruption diligence, say attorneys at Paul Hastings.
The Federal Energy Regulatory Commission is frequently asked to require natural gas pipelines to evaluate effects on greenhouse gas emissions, with implications for project approval, but it is not easy to calculate the climate impact of a given pipeline, says David Harrison at NERA.
Ensuring uninterrupted client service and compliance with ethical obligations in a time when attorneys are more likely to fall ill means taking six basic — yet often ignored — steps to build some redundancy and internal communication into legal practice, say attorneys at Axinn.
Alexandre Lamy at Baker McKenzie proposes a common-sense framework for nonfinance companies, which in 2019 became subject to the Office of Foreign Assets Control's rejected-transaction reporting requirements, but have received little guidance about how to comply.