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TOP NEWS Feature Influential Women In Energy Law: Suedeen Kelly
Jenner & Block LLP's Suedeen Kelly has charted a broad and varied path — environmental lawyer, state and federal energy policymaker, law professor, law firm practice group leader — to land on Law360's list of Influential Women in Energy Law. But it took a college laboratory mishap to set her on that path.
Exxon Investors' Climate Suit Beats Dismissal Bid
A Texas federal judge denied Exxon Mobil Corp.’s bid to nix a putative securities fraud class action accusing the oil giant of concealing its climate change knowledge, ruling Tuesday that investors sufficiently pled alleged misstatements and mostly met the heightened pleading standard for bringing the suit.
Akin, Wachtell Assist On Diamondback’s $9.2B Energen Buy
Diamondback Energy Inc. has inked a roughly $9.2 billion agreement to acquire Alabama-based oil and gas exploration company Energen Corp., the companies announced Tuesday, in a deal guided by law firms Akin Gump Strauss Hauer & Feld LLP and Wachtell Lipton Rosen & Katz.
Feds Give Green Light For Proposed Alaska Gold Mine
The U.S. Bureau of Land Management and U.S. Army Corps of Engineers have signed off on a joint record of decision that provides key federal environmental approvals for a proposed Alaska gold mine, a move that was done under the direction of an executive order aimed at speeding up federal reviews.
Tesla's Latham-Guided Panel To Study Take-Private Scenarios
Tesla Inc. said Tuesday that its board of directors has formed a special committee, advised by Latham & Watkins LLP, that will evaluate any going-private proposals for the electric carmaker in the wake of a recent tweet by CEO Elon Musk that signaled his desire to take the company private.
Feature How One Firm Moved The Needle On Disability Inclusion
This global law firm has recently focused on creating opportunities for people with disabilities across its ranks, and its efforts are already showing results. This article is part of our special report on disability inclusion in the legal industry.
Trusts' $11.7M Fuel Tax Credit Appeal Burned In DC Circ.
The D.C. Circuit upheld the U.S. Tax Court’s ruling that two trusts involved in the production and sale of landfill gas are not entitled to $11.7 million in tax credits as well as business expense deductions, saying Tuesday that the trusts had not met the necessary statutory requirements to qualify.
Class In $3B Petrobras Deal Wants Objector Atty Sanctioned
The lead plaintiff in the historic $3 billion class action settlement resolving securities fraud claims against Petrobras asked a New York federal court on Monday to sanction the counsel of record for an objector to the settlement, saying the attorney's "frivolous" arguments prove he is only trying to "line his own pockets."
SEC Bans Oil Exec Accused Of ICO Fraud From Penny Stocks
The U.S. Securities and Exchange Commission on Tuesday barred the founder of an oil and gas company from serving in leadership positions and participating in penny stock offerings after making alleged misstatements related to an initial coin offering.
Italian Engineering Co. Must Arbitrate Power Plant Row
A New Jersey federal judge ordered an Italian engineering contractor to arbitrate its defamation lawsuit against a U.S. manufacturer of steam condensers, rejecting arguments that the dispute stemming from a power plant project fell outside an underlying arbitration clause.
Skadden-Led Chinese Electric Carmaker Files $1.8M IPO
Chinese electric carmaker Nio Inc. filed an estimated $1.8 billion initial public offering on Monday, represented by Skadden Arps Slate Meagher & Flom LLP, setting up the Tesla competitor to record the second-largest U.S. IPO from a Chinese issuer this year.
Kirkland & Ellis Adds Corporate Partner In Houston Office
Kirkland & Ellis LLP has added a partner to its corporate practice group in Houston who brings with him more than 20 years of experience with securities offerings, mergers and acquisitions and other corporate work in the energy industry.
Sheppard Mullin Nabs Fried Frank Int'l Arbitration Pro In DC
Sheppard Mullin Richter & Hampton LLP said Monday that it has added a former Fried Frank Harris Shriver & Jacobson LLP attorney in Washington, D.C., bolstering its offerings in the international arbitration arena with his focus on representing clients in industries such as aerospace, government contracts, telecommunications, and oil and gas.
Unclear Which Way Wind Blows After Reversal Of Alta Wind
The Federal Circuit recently reversed the U.S. Court of Federal Claims decision in Alta Wind v. United States, finding the trial court's method of valuing the wind farm properties did not accurately represent their fair market value. The decision was unclear, however, about how the lower court should determine the value on remand, leaving the renewable energy industry with a number of questions, say attorneys at Latham & Watkins LLP.
Interview Essentials For Attorneys On The Move
Across the country this fall, recent law school graduates, law firm associates and experienced professionals will interview for positions in private practice and government service. Sharing tips on how to stand out in this high-pressure, hypercompetitive process are Eileen Decker, former U.S. attorney for the Central District of California, and Keith Jacoby, co-chairman of Littler Mendelson PC’s class action practice group.
Mayer Brown Appellate Chief Shot To Death At Illinois Home
Stephen Shapiro, the founder of Mayer Brown LLP's Supreme Court and appellate practice, was shot to death in his home in Northfield, Illinois, Monday night in what police described as a domestic dispute. Will Calif. Spark Movement On Outside Investment In Law?
A hard look in California at the role nonlawyers can play in the delivery of legal services could prompt a ripple effect in the U.S. if the state takes the bold step of allowing other professionals to invest in law firms and claim an ownership stake. MoFo M&A Co-Chair Named 1st-Ever CLO Of Softbank Group
The co-chair of Morrison & Foerster LLP’s global mergers and acquisitions practice group is set to become the first-ever chief legal officer and senior vice president of SoftBank Group Corp., the Tokyo-based telecommunications and internet giant announced on Monday. Loeb Taps 6 Ex-Cooley Attys To Run New SF Office
Loeb & Loeb LLP announced Tuesday that it’s opened a new office in downtown San Francisco, which will be run by six trusts and estates lawyers the firm nabbed from Cooley LLP. Atty's 'Thumbs-Up' On Monster Deal Isn't Binding: Calif. Panel
A California appeals court said Monday that an attorney didn’t breach the terms of his clients’ wrongful death settlement with Monster Energy Co. by talking to a reporter about the deal, finding that the attorney had merely given his “professional thumbs-up” by signing the contract and he wasn’t a party to it. Kavanaugh Was Driving Force Behind Divisive Bush Picks
When D.C. Circuit Judge Brett Kavanaugh goes before the Senate Judiciary Committee for his U.S. Supreme Court confirmation hearing next month, it won’t be his first time working on a contentious judicial proceeding, although now he will be the one in the hot seat. All 4 Remaining W.Va. Supreme Court Justices Impeached
The West Virginia House of Delegates has voted to impeach all four remaining members of the state’s Supreme Court, primarily due to alleged misuse of taxpayer money, including misuse of government property and high-priced office upgrades costing hundreds of thousands of dollars. Law Scholars Decry Quotas For Immigration Judges
More than 120 legal scholars told U.S. Attorney General Jeff Sessions on Tuesday that the Trump administration’s recent move to use case quotas as a measure of immigration judges’ performance undermines their independence and threatens due process, according to a letter exclusively obtained by Law360.
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