Southern California Gas Co. has agreed to a proposed $119.5 million deal to end state litigation from the California Air Resources Board and the city and county of Los Angeles over the huge Aliso Canyon gas leak, the company and local officials announced on Wednesday.
A Texas appeals court on Wednesday affirmed a $16 million arbitration award in a dispute between an electrical equipment maker and a power company over the construction of a Mexico power plant, ruling that the lack of a record in the arbitration proceedings isn’t grounds to reverse its finding.
An Illinois federal judge threw out the bulk of claims brought by an environmental group challenging various government agencies' conclusion that a $115 million highway and bridge project would not adversely affect the endangered rusty patched bumble bee.
Starwood Property Trust on Wednesday expanded its reach beyond traditional real estate, striking a deal with GE Capital to acquire an arm of its energy finance business for $2.56 billion, with Sidley Austin LLP and Paul Hastings LLP guiding the buyer and Shearman & Sterling LLP guiding the seller.
American economist Michael Greenstone has told a Montana federal court that advances in climate change science justify requiring a more thoughtful assessment from the U.S. Department of the Interior than it used in making its decision to lift a moratorium on federal coal leasing, pointing to the social costs of carbon and other greenhouse gases.
A New York bankruptcy judge on Tuesday pressured an attorney for solar panel installer Level Solar Inc. to address delays in moving the company toward a restructuring plan amid calls to liquidate the estate while ordering a holdback of nearly half of his request for legal fees.
A Wyoming federal judge has largely backed an Obama-era rule that the American Petroleum Institute had said would put entities that hold oil and gas leases on federal and Native American land at risk for harsh penalties under a law governing royalty payments.
The D.C. Circuit on Tuesday affirmed a decision cutting Helmerich & Payne Inc.'s Venezuelan unit from a suit accusing the South American nation of illegally seizing the company’s drilling rigs, after the U.S. Supreme Court ruled that expropriation claims need to clear a high bar in order to be heard by U.S. courts.
A split Federal Energy Regulatory Commission on Monday found that New York state environmental regulators waived their authority to deny a Clean Water Act permit for a $455 million natural gas pipeline project by blowing a one-year deadline.
The Federal Energy Regulatory Commission on Friday ordered nearly all construction work stopped on the $3.5 billion Mountain Valley pipeline, citing a recent Fourth Circuit decision that erased federal government approval for parts of the project.
Red Stone Equity Partners LLC has closed a $144 million Low Income Housing Tax Credit fund, proceeds from which will be used to finance construction or renovation of affordable housing properties across the United States, according to an announcement on Monday from Red Stone Equity.
An ExxonMobil subsidiary has reinstated arbitration to fend off a nearly $1.4 billion claim filed in a Russian court by the majority state-owned energy company Rosneft, which stems from a dispute relating to a large-scale offshore oil project, according to a statement.
The San Diego airport authority has intervened in a case brought by Hertz and Enterprise against the city’s Port District, asking the Superior Court of California to invalidate a user fee on car rental companies, block the port from charging any additional fees on airport property and compel the port to return all fees collected on its property.
A New York federal judge on Monday again nixed a suit by former employees of SunEdison Inc. claiming executives of the now-bankrupt renewable energy giant continued to sell stock in spite of its imminent collapse, saying the employees hadn't adequately alleged the executives breached their fiduciary duty.
A Tenth Circuit panel on Monday largely backed a lower court's decision to toss a suit brought by an Oklahoma landowner over claims that the U.S. Bureau of Indian Affairs let an energy exploration company drill on his land without an environmental review, saying the claims against the government are untimely.
The Fourth Circuit on Monday nixed the National Park Service's approval of a portion of the $5 billion Atlantic Coast gas pipeline, saying the agency failed to show how a right-of-way allowing the pipeline to cross the Blue Ridge Parkway was consistent with the purposes of the national park system.
In the wake of a major revitalization of Pennsylvania's constitutionally enshrined environmental protections, the state's Supreme Court is ordering a lower court to reconsider its decision upholding a Butler County municipality's ordinance expressly allowing oil and gas drilling in residential and agricultural areas.
Energy-focused private equity firm First Reserve Corp. inked a cash-and-stock deal to sell the Deep Gulf Energy companies to Dallas-based Kosmos Energy Ltd. for $1.23 billion, the companies announced separately Monday.
The chairman of the Federal Communications Commission has asked his fellow commissioners to push back the deadline for certain groups to challenge coverage maps that determine which rural and underserved parts of the country are eligible for subsidies to boost mobile broadband.
The U.S. Department of Homeland Security's recent decision to open a center dedicated to tackling cyberthreats directed at critical infrastructure is likely to help expand vital communication channels between the public and private sectors, but lingering concerns over liability protections could limit the initiative's ultimate effectiveness, attorneys say.
In this analysis of disciplinary action trends in the legal industry, Edwards Neils LLC managing member Jean Edwards examines data provided by bar organizations for 17 states and the District of Columbia.
With law firms increasingly exposed to professional liability risks associated with their corporate client relationships, firms must craft well-structured client engagement letters to help protect against malpractice claims. Two key elements of an engagement letter are how it defines the scope of engagement and how it handles conflicts of interest, say Stuart Pattison and John Muller of Sompo International Holdings Ltd.
Today, members of Congress often seem able to blame colleagues of the other party for not getting anything done for their constituents. In law practice, you can’t really blame a bad result for your clients on the lawyers on the other side, says former Sen. Joe Lieberman, D-Conn., of Kasowitz Benson Torres LLP.
Corporate law departments are increasingly demanding more concessions from outside legal counsel, and presenting engagement letters that open the door to greater professional and cyber liability exposure for law firms — often beyond the scope of their insurance coverage. Firms must add their own language to engagement letters to limit liability, say Stuart Pattison and John Muller of Sompo International Holdings Ltd.
Being a former member of Congress put me in an advantageous position when I approached law firms in the late '70s, at a time when there were few female lawyers, and even fewer African-American lawyers, in major law firms, says former Rep. Yvonne B. Burke, D-Calif., a director of Amtrak.
Following the Government Accountability Office's determination that the Interagency Guidance on Leveraged Lending did not comply with the Congressional Review Act, it would appear that the binding nature of the Office of the Comptroller of the Currency's handbook for oil and gas reserve-based loans should be similarly questioned, says Buddy Clark of Haynes and Boone LLP.
Many developers of renewable energy projects have experienced higher than expected transaction costs. One all-too-common reason is project documents that cause tax tensions, says David Burton of Mayer Brown LLP.
Last month, the U.S. Environmental Protection Agency published a proposed rule rolling back Obama-era requirements for facilities handling hazardous substances. Some western states, meanwhile, have strengthened their own regulations in this area. Companies now contend with accident prevention and process safety regulations that are inconsistent, say Benjamin Patton and Mary Balaster of Reed Smith LLP.
Popular culture paints the Hill as a place teeming with intrigue, corruption and malicious intent. But in Congress I learned important lessons about respecting people and the work they do, says former Sen. Norm Coleman, R-Minn., of Hogan Lovells.
President Donald Trump plans to facilitate much-needed federal real property projects in part through a $10 billion “mandatory revolving fund.” Although it would provide a viable mechanism for agencies to fund certain infrastructure projects, there are aspects of the revolving fund that are unknown and should be considered, say attorneys with Covington & Burling LLP.