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Project Finance

  • November 16, 2018

    More Info Needed In $134M Westinghouse Ch. 11 Row

    A New York bankruptcy judge said Friday that Brookfield Business Partners LP and the legal professionals winding down Westinghouse Electric Co.'s Chapter 11 estate need to provide more information before he can rule on a disputed $134 million transferred to Brookfield when it bought the distressed contractor.

  • November 16, 2018

    EPA Board Rebuffs Review For Gas Plants On Native Land

    The U.S. Environmental Protection Agency’s Environmental Appeals Board on Thursday rejected an environmental group’s challenge to agency permits for gas compression facilities on a tribal reservation in Utah, saying the agency was not required to conduct an air quality review before issuing the permits.

  • November 16, 2018

    Enviros, Tribes Fight To Save Trump Monument Suits

    Environmental groups and Native American tribes fought back against the federal government’s bid to dodge their lawsuits challenging President Donald Trump’s decision to shrink the Bears Ears and Grand Staircase-Escalante national monuments.

  • November 16, 2018

    Texas High Court Won’t Review $17M Power Plant Award Row

    The Texas Supreme Court on Friday said it would not take up a bid by Dixie Equipment LLC to review a ruling against it in an arbitration dispute over the construction of a power plant in Mexico, leaving in place a $16.6 million award.

  • November 16, 2018

    Energy Co. Can't Keep Pipeline On Tribal Lands: 10th Circ.

    A Tenth Circuit panel has backed a lower-court's decision to dismiss a suit by a gas pipeline company against a group of landowners in Oklahoma, saying the company cannot condemn land and take control of it if the United States holds the land in trust for an Indian tribe.

  • November 16, 2018

    EPA's Renewable Fuels Policy Leads To Court Morass

    Few federal energy and environmental policies are as fiercely fought over in court as the U.S. Environmental Protection Agency's Renewable Fuel Standard program, which requires an increasing amount of renewable fuels to be blended into the U.S. transportation fuel supply. Here's a look at where major RFS-related litigation stands and an update on whether a congressional solution to the legal standoff is in the cards.

  • November 16, 2018

    Trump Says Acting EPA Chief Should Take Reins Officially

    President Donald Trump said Friday that he intends to nominate U.S. Environmental Protection Agency acting Administrator Andrew Wheeler to stay in the job for the long haul.

  • November 15, 2018

    $150M Ch. 7 Deal To Free Ampal From Egypt Gas Row OK'd

    Ampal-American Israel Corp. received permission Thursday from a New York bankruptcy judge to enter into a deal that will allow the company to exit arbitration hearings involving Egypt and two state-owned oil and gas companies and give a boost of about $150 million to the company’s Chapter 7 estate.

  • November 15, 2018

    Enviros Can't Use CWA In Fight Over Ill. Plant's Coal Ash

    An Illinois federal judge has rejected an environmental group’s attempt to use the Clean Water Act to go after a coal-fired power plant owner that the group claims has let pollutants in its coal ash contaminate a nearby river.

  • November 15, 2018

    Crabbers Snap At Energy Cos. With Calif. Climate Tort

    A coalition of fishermen’s groups Wednesday sued Chevron Corp., Exxon Mobil Corp. and other energy companies, blaming them for contributing to ocean damage caused by climate change, which they say has forced the closure of lucrative crab fisheries off the coasts of California and Oregon.

  • November 15, 2018

    Danish Energy Co. Wins €11M Following Dispute With Spain

    Danish renewable energy firm Athena Investments A/S said Wednesday that an international tribunal has awarded it €11 million ($12.47 million) in a dispute with Spain over the revocation of certain renewable energy subsidies, marking another loss for the country in a slew of similar cases.

  • November 15, 2018

    FERC Nominee Ducks Recusal Calls Over Trump Coal Bailout

    Federal Energy Regulatory Commission nominee Bernard McNamee on Thursday resisted U.S. senators' calls to recuse himself from future electricity grid resiliency issues faced by the regulator, even though he helped craft a Trump administration plan to prop up coal and nuclear power plants that FERC rejected.

  • November 15, 2018

    EU Court Says UK Energy Subsidy Award Unlawful

    The United Kingdom should not have been awarded state aid from the European Union to subsidize backup power to support its grid during the winter, an EU court ruled Thursday, finding the union's antitrust arm failed to investigate whether green energy companies were being shut out.

  • November 15, 2018

    Panama Canal Contractor Can't Escape $22M Payment

    A Florida federal judge has refused to let a Panama Canal contractor dodge a final judgment upholding a more than $22 million arbitral award against it, rejecting the contractor’s claims that the award was already satisfied.

  • November 14, 2018

    Ex-UN Boss Bribe Plans Are Fair Game In FCPA Trial

    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.

  • November 14, 2018

    Puerto Rico Sales Tax Plan Lacks Details, Stakeholders Say

    The outline of a plan to restructure nearly $18 billion in debt owed by the Puerto Rico Sales Tax Financing Corp., or COFINA, is missing vital information, some stakeholders said this week, saying more details are needed on how funds will be distributed and how pending lawsuits will affect the process.

  • November 14, 2018

    Trump EPA's Air Policy Tweaks Relax Permit Program

    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.

  • November 14, 2018

    Navajo Landowners Ask 10th Circ. To Allow Oil, Gas Drilling

    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.

  • November 14, 2018

    Sears Battles Creditors Urging Total Liquidation

    Sears Holdings Corp. is firing back at its unsecured creditors' objections to its bidding procedures proposal, telling a New York bankruptcy court that the committee is making "uninformed" suggestions that could cost the estate billions.

  • November 14, 2018

    Kramer Levin, Milbank Tweed Steer $1B Hotel-Casino Buy

    Kramer Levin Naftalis & Frankel LLP represented REIT Vici Properties Inc. on its acquisition, alongside Pennsylvania-based Penn National Gaming Inc., of a Detroit hotel and casino from Rock Ventures LLC and Jack Entertainment LLC for a combined $1 billion, a deal announced Wednesday and in which Milbank Tweed Hadley & McCloy LLP helped Penn National.

Expert Analysis

  • Rise Of The CMOs

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    Joshua Peck, incoming marketing director of Hill Wallack LLP, traces the evolution of the chief marketing officer position at law firms and shares insights from three legal marketing pioneers.

  • Prospects For Tax Policy In The 116th Congress

    Evan Migdail

    Now that the results of the 2018 election are (mostly) in, Evan Migdail and Melissa Gierach at DLA Piper LLP consider what a Democratic House, Republican Senate and Trump administration may be able to accomplish in the way of tax policy during the lame-duck session and the upcoming 116th Congress.

  • Planning For The UK Nuclear Industry Beyond Brexit

    Ian Truman

    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.

  • Speedier Enviro Reviews For Transpo Projects May Be Ahead

    Samina Bharmal

    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.

  • Q&A

    A Chat With Bryan Cave Innovation Chief Katie DeBord

    Katie DeBord

    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.

  • Assessing Atomic Energy Act's Reach At High Court

    Michael Murphy

    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.

  • Simple Secrets For Improving Your CLE

    Daniel Karon

    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.

  • Energy, Environment And The Elections: A Changed Mosaic

    Ali Zaidi

    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.

  • It’s Time For Law Firms To Start Talking About Gen Z

    Eliza Stoker

    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.

  • Q&A

    Back To School: Yale's Linda Greenhouse Talks Journalism

    Linda Greenhouse

    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.