The U.S. Department of the Interior encountered heavy skepticism in oral arguments Friday as it told a D.C. Circuit panel that its coal leasing program doesn’t need a new environmental assessment on climate change’s impacts and that the agency's decision not to undertake one isn't reviewable.
The Texas Supreme Court agreed with a trial court's toss of Orca Assets GP LLC's $400 million lawsuit alleging JPMorgan Chase Bank NA fraudulently double-leased an oil and gas property in the Eagle Ford Shale, ruling Friday that Orca ignored “red flags” in the negotiations.
Environmental groups on Thursday urged the U.S. Supreme Court to pass on reviewing New York's denial of a water permit for a $683 million gas pipeline project, blasting developer Constitution Pipeline Co. LLC's arguments that the denial upheld by the Second Circuit flouted federal law.
The Texas Supreme Court on Friday reached the same conclusion as a lower appellate court — albeit through a different reasoning — and sided with landowners in an oil and gas dispute with ConocoPhillips, rejecting the company's contention that the lower court's ruling had rendered a state rule against perpetuities meaningless.
Breitburn Energy Partners LP on Friday overcame a final hurdle in its lengthy quest to reorganize in bankruptcy, receiving court approval of a modified Chapter 11 plan after bumping up the levels of recovery for retail bondholders and other unsecured creditors.
The Trump administration’s sweeping tariffs on steel and aluminum entered into force on Friday with exceptions granted to a handful of key allies but not to China, prompting Beijing to immediately prepare stiff tariffs of its own on U.S. agricultural and manufactured goods.
The U.S. Environmental Protection Agency has added 11 new members to the Science Advisory Committee on Chemicals, who the agency said will boost “the balance of scientific perspectives” on the committee.
The federal government filed a complaint against Exxon Mobil subsidiary XTO Energy Inc. in North Dakota federal court Friday along with a proposed consent decree to settle claims the company violated the Clean Air Act by allowing pollutants from oil and natural gas drilling to escape from wells on the Fort Berthold Indian Reservation.
In this week’s Taxation With Representation, TPG bought $2.66 billion in oil and gas assets from EverVest, Fidelity snapped up Stewart Information Services for $1.2 billion, and Campbell priced a $5.3 billion senior notes offering to finance its Snyder’s-Lance acquisition.
A judge on Friday resumed a lawsuit in which a North Dakota-led coalition of states are challenging a controversial Obama-era rule defining the Clean Water Act’s reach, now that the U.S. Supreme Court has said that district courts, not circuit courts, have jurisdiction to assess the regulation.
The Miami Marlins, battling a suit by Miami-Dade County and the city of Miami over the team’s recent $1.2 billion sale, told a Florida federal court Friday that a preliminary injunction issued by a state court judge does not meet the requirements for an injunction under federal law and should be dissolved.
A construction firm sued by an amusement business over its alleged negligence in causing a major power outage while building a $246 million bridge on North Carolina’s Outer Banks moved the case to federal court Thursday, saying the court has maritime jurisdiction because underground transmission lines were severed in navigable water.
For those structured as corporations, the decrease in the maximum corporate tax rate and the repeal of the corporate alternative minimum tax offer good news. But since many law firms are organized as pass-through entities, several limitations on deductions mean they won’t see as much benefit from the new tax law as some other industries, says Evan Morgan of CPA and advisory firm Kaufman Rossin PA.
A Manhattan federal judge has signed off on a $3.1 million deal to end a proposed class action brought by three female lawyers alleging that Chadbourne & Parke LLP, which merged with Norton Rose Fulbright LLP last year, systematically underpaid women.
The Senate has approved of sending Fifth Circuit Judge Edward C. Prado to Argentina as President Donald Trump’s ambassador there, ending his 35-year career as a federal judge.
Barbri Inc. joined a chorus of law schools in urging the Second Circuit not to revive a rival’s antitrust and racketeering claims, which allege that Barbri and the schools conspired to stifle competition for bar exam preparation, arguing Thursday LLM Bar Exam LLC hadn’t plausibly alleged a monopoly existed.
President Donald Trump said he will likely nominate the solo practitioner who took on UPS in a pregnancy discrimination case that went all the way to the U.S. Supreme Court as general counsel of the U.S. Equal Employment Opportunity Commission, and female general counsels shared with Law360 how they're transforming their legal departments and other women's professional lives. These are some of the stories in corporate legal news you may have missed in the past week.
On the latest episode of Law360's Pro Say podcast, we share the inside story of Latham & Watkins Chair Bill Voge's resignation after revelations that he'd engaged in a pattern of reckless behavior. We also discuss a controversial copyright ruling over the song "Blurred Lines," the legal blowback Facebook will face over the Cambridge Analytica scandal, and Lindsay Lohan’s new gig for a lawyer referral site.