Project Finance

  • December 12, 2017

    Senate Dems Lob Plagiarism Charge At Trump Enviro Pick

    Senate Democrats on Tuesday accused President Donald Trump's controversial pick to lead the White House's Council on Environmental Quality of plagiarism, saying several written responses to their questions were directly lifted from answers previously given by Environmental Protection Agency Administrator Scott Pruitt and EPA Assistant Administrator Bill Wehrum.

  • December 11, 2017

    Has Litigation Finance Shed Its Stigma?

    Once a taboo topic in the halls of BigLaw, litigation finance is winning over converts. And the peer pressure is building for rival law firms to join the bandwagon.

  • December 11, 2017

    What Your Colleagues Think Of Litigation Finance

    We asked, and you answered. Here are the results of Law360’s inaugural survey on third-party legal funding.

  • December 11, 2017

    Why Investors Are Taking The Leap To 3rd-Party Funding

    They often don’t know exactly what they’re buying, and there’s an ever-present chance they could come up empty in a given case. Here’s why investors are flocking to litigation finance anyway.

  • December 11, 2017

    Sinking Kids’ Climate Suit Would ‘Flood’ 9th Circ., Judge Says

    The Ninth Circuit’s chief judge said Monday the court would be “absolutely flooded with appeals” if it sided with the U.S. Department of Justice and reversed an Oregon federal judge's ruling that gave 21 children a green light to sue the executive branch for allegedly endangering them and future generations with policies that contribute to climate change.

  • December 11, 2017

    High Court Won’t Hear DTE Energy Emissions Case Appeal

    The Supreme Court on Monday declined to take DTE Energy Co.’s appeal of a Sixth Circuit decision that allowed suits brought by the government and an environmental group accusing the company of improperly modifying a major coal-fired power plant to proceed.

  • December 11, 2017

    FERC Nixes PJM Rate Plan After DC Circ. Rejects Changes

    The Federal Energy Regulatory Commission on Friday threw out an electric rate scheme proposed by PJM Interconnection that it called unjust and unreasonable, five months after the D.C. Circuit said FERC overstepped its authority when it made changes to PJM's proposal.

  • December 11, 2017

    9th Circ. Tosses Challenges To Ariz. Highway Project

    The Ninth Circuit concluded Friday that the Federal Highway Administration and the Arizona Department of Transportation conducted proper environmental reviews before greenlighting a Phoenix-area road project, rejecting challenges raised by environmentalists and a tribe.

  • December 11, 2017

    Detroit Residents Fire Back At Sanctions Bid In Arena Suit

    Michigan residents looking to block $56.5 million in tax dollars from funding the NBA's Detroit Pistons' relocation to a new arena fired back at an "unethical" bid to sanction and compel a deposition that the residents claim has already been agreed upon.

  • December 11, 2017

    DC Circ. Urged To Affirm FERC Has No Pro-Pipeline Bias

    The developers of the PennEast pipeline on Friday urged the D.C. Circuit to affirm that the Federal Energy Regulatory Commission's natural gas pipeline process isn't unconstitutionally biased in favor of industry, saying to accept an environmental group's argument otherwise would contradict a century's worth of due process legal theory.

  • December 11, 2017

    Private Equity Powered Energy M&A In 2017

    Energy dealmaking in 2017 saw private equity firms continue to shower the oil and gas industry with cash, while a pair of power sector megadeals highlighted the hazy future facing independent power producers. Here are five mergers and acquisitions trends that stood out to energy attorneys this year.

  • December 8, 2017

    The Law Firms Of The 2017 MVPs

    Law360's MVP award goes to attorneys who have distinguished themselves from their peers in litigation, deals and other complex matters. Find the MVPs at your firm here.

  • December 8, 2017

    Law360 MVP Awards Go To Top Attorneys From 78 Firms

    The elite slate of attorneys chosen as Law360’s 2017 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.

  • December 8, 2017

    FERC Member's Online Comments Unethical, Landowner Says

    A landowner affected by the proposed PennEast Pipeline Project said Thursday that a Federal Energy Regulatory Commission member and former chairman has been violating ethics rules by posting biased comments on Facebook and should be removed from his position.

  • December 8, 2017

    Senate OKs Trump's Resources Pick Despite ANWR Concerns

    The U.S. Senate approved a key U.S. Department of the Interior deputy Thursday, giving Secretary Ryan Zinke a director of programs for gas, coal and other extraction activities on public lands.

  • December 8, 2017

    FERC Chair Asks DOE For More Time On Grid Subsidy Rule

    Energy Secretary Rick Perry on Friday granted a request by the new chairman of the Federal Energy Regulatory Commission for 30 more days to take action on a proposal to pay nuclear and coal plants for their contribution to grid reliability, although Perry asked the commissioners to work quickly.

  • December 7, 2017

    Costa Rica Can't Get Quick Win In $94M Canadian Mining Row

    A World Bank tribunal has deferred much of its decision on whether it can consider Infinito Gold Ltd.'s claim stemming from Costa Rica's alleged improper cancellation of a mining concession into which the Canadian company had invested $94 million, saying it needs more information.

  • December 7, 2017

    BLM Finalizes Delay To Methane Venting Rule Compliance

    The U.S. Bureau of Land Management on Thursday announced it will finalize its plan to suspend or delay several provisions of an Obama-era rule limiting methane venting and flaring from gas wells on public lands as the rule may be revised or rescinded.

  • December 7, 2017

    Trump Overstepped On Monuments, Enviro Groups Insist

    A coalition of environmental groups added its suit Thursday to a slew of challenges to President Donald Trump's decision to shrink national monuments in Utah, asserting that the White House does not have the authority to remove special protections for large swaths of land.

  • December 7, 2017

    Irell Partner To Star As CEO Of Legendary Entertainment

    Irell & Manella LLP announced Wednesday that a transactions partner will become the CEO of one of the firm’s clients, movie studio Legendary Entertainment LLC, the California production company behind international blockbusters “The Dark Knight,” “Jurassic World” and “Man of Steel.”

Expert Analysis

  • Series

    40 Years Of FCPA: Cross-Border Efforts And Growing Risk

    Patrick Stokes

    The U.S. agencies’ increasing coordination with their foreign partners has led to more potent Foreign Corrupt Practices Act investigations — in terms of both their scope and settlement cost, say Patrick Stokes, former chief of the FCPA Unit at the U.S. Department of Justice, and Zachariah Lloyd of Gibson Dunn & Crutcher LLP.

  • Series

    Judging A Book: Cooke Reviews 'Constance Baker Motley'

    Judge Marcia Cooke

    Gary Ford's new book, "Constance Baker Motley: One Woman’s Fight for Civil Rights and Equal Justice Under Law," is more than a biography of the first African-American woman to become a federal judge. It presents in vivid detail how her work altered the legal landscape of the United States, says U.S. District Judge Marcia Cooke of the Southern District of Florida.

  • Keeping Your Law Library Relevant In The Age Of Google

    Donna Terjesen

    Google’s status as a go-to research tool has transformed legal research habits and the traditional law firm library, leading critics to believe that law libraries are becoming cost centers. Law firms should embrace research tools that mimic the Google user-experience and use data to manage costs efficiently in order to position their libraries as valuable assets for years to come, says Donna Terjesen of HBR Consulting.

  • 6 Things You Need To Know About Millennial Jurors

    Zachary Martin

    Millennials are now the largest living generation and comprise one-third of jurors. While it is impossible to generalize a group so large and diverse, trial lawyers should be mindful of certain generational differences, say baby boomer Lee Hollis and millennial Zachary Martin of Lightfoot Franklin & White LLC.

  • Series

    40 Years Of FCPA: A View From The Monitorship Trenches

    Gil Soffer

    There have been many articles on the corporate monitor selection process, but you will find little guidance on how to prepare yourself for a job that has few parallels. There are three key lessons I have learned over the course of a Foreign Corrupt Practices Act monitorship still in progress, says Gil Soffer of Katten Muchin Rosenman LLP.

  • A Look Back At 2017's Enviro And Energy Law Developments

    Stacey Mitchell

    2017 has been a year of dramatic shift in United States energy and environmental policy. As the year draws to a close, it’s an apt time to review the key steps taken to achieve President Donald Trump’s campaign goals, assess the impacts of the administration’s actions, and postulate on what may be coming next, say Stacey Mitchell and Kenneth Markowitz of Akin Gump Strauss Hauer & Feld LLP.

  • Series

    40 Years Of FCPA: The Untold Story Of The Resource Guide

    Charles Duross

    Much has been written about the 2012 "Resource Guide to the U.S. Foreign Corrupt Practices Act," but no one has talked about the behind-the-scenes work that produced the guide — until now, say Charles Duross, former chief of the FCPA Unit at the U.S. Department of Justice, and Kara Novaco Brockmeyer, former chief of the FCPA Unit at the U.S. Securities and Exchange Commission.

  • Series

    40 Years Of FCPA: A Journey From Conviction To Dismissal

    Janet Levine

    The twist in the Lindsey Manufacturing Foreign Corrupt Practices Act case was the truncated time in which we prepared. Having refused to waive their rights to a speedy trial, our clients took control of the case — this, along with the compressed time frame, forced the government to make errors, say Janet Levine, Sima Namiri-Kalantari and Megan Weisgerber of Crowell & Moring LLP.

  • Series

    40 Years Of FCPA: The Siemens Lesson — Tillerson Is Right

    solmssen.jpg

    Since its whopping $800 million Foreign Corrupt Practices Act settlement in 2008, Siemens cleaned up — and it has “cleaned up” in its long-standing competition with General Electric. How? As Secretary of State Rex Tillerson reportedly told President Donald Trump, you don’t need to pay bribes to succeed in international business, says Peter Y. Solmssen, former general counsel of Siemens.

  • Series

    40 Years Of FCPA: The Rise In International Enforcement

    Scarboro.jpg

    The 2008 Siemens matter — then the largest sanction ever imposed in a Foreign Corrupt Practices Act enforcement action — set the stage for future cross-collaboration in global anti-corruption enforcement, say Cheryl Scarboro, former chief of the FCPA Unit at the U.S. Securities and Exchange Commission, and Diana Wielocha of Simpson Thacher & Bartlett LLP.