We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Project Finance

  • May 4, 2018

    Taxation With Representation: Wachtell, MoFo, Sullivan

    In this week’s Taxation With Representation, T-Mobile and Sprint unveiled plans for a $59 billion merger, Hellman & Friedman bought Financial Engines for $3.02 billion and Marathon snapped up Andeavor for $23.3 billion.

  • May 4, 2018

    Wisconsin Judge Nixes Permits For Fracking Sand Project

    A Wisconsin state judge on Friday threw out a state agency's decision to approve permits allowing Meteor Timber LLC to fill in wetlands to build a facility to process sand used for hydraulic fracturing, saying the agency didn't get the information it needed to assess the project's environmental impact.

  • May 4, 2018

    NRC Nixes Duke Energy License For Failed $24.7B Plant

    The U.S. Nuclear Regulatory Commission has rescinded construction and operating licenses held by Duke Energy Florida LLC related to a $24.7 billion nuclear power plant, putting a lid on the company’s now-failed venture with bankrupt Westinghouse Electric Co.

  • May 4, 2018

    Mammoet, NY Wheel Developer Reach Deal On Ch. 11, Project

    Bankrupt Mammoet-Starneth LLC, the entity hired to design and build the world's largest observation wheel in New York City, announced a resolution Friday allowing the developer to transition to a new contractor and get financing to finish the project while allowing the Chapter 11 case to continue in Delaware.

  • May 4, 2018

    10th Circ. Denies Energy Cos. Attys’ Fees In Oil Lease Row

    The Tenth Circuit on Thursday refused to grant attorneys’ fees to a trio of energy companies in a proposed class action against them and others, including the Bureau of Indian Affairs, over allegedly improperly approved oil leases.

  • May 4, 2018

    Czech Republic Prevails In $14.5M Solar Energy Row

    Arbitrators have dismissed a $14.5 million claim brought by a German solar investor who had accused the Czech Republic of expropriating its investment in violation of an international treaty, the country's finance ministry said Wednesday.

  • May 4, 2018

    3rd Circ. Nixes Award Row Targeting Chemical Co. Owner

    The Third Circuit on Thursday barred a Swiss commodities trader from targeting the co-owner of a New Jersey chemical company to enforce a more than $925,000 arbitral award stemming from a dispute over a joint venture, affirming that he had never agreed to personally guarantee his company's debts.

  • May 4, 2018

    Mohegan Sun To Pay $101M To Control Korean Resort Project

    The operator of the tribal-owned Mohegan Sun casino in Connecticut said it will spend $101 million to buy out its South Korean partner’s stake in a "first-of-its-kind, multibillion-dollar," 1,350-room resort and 215,000-square-foot casino planned for development at Incheon International Airport outside Seoul.

  • May 4, 2018

    Dem AGs Back California Cities In Big Oil Climate Fight

    Democratic attorneys general from California, New Jersey and Washington on Thursday threw their weight behind Oakland's and San Francisco's bids to hold oil giants liable for climate change-related infrastructure damage, in a direct riposte to several Republican state attorneys general who support the companies' bid to nix the suits.

  • May 4, 2018

    Perkins Coie Nabs Tech, VC Partner From DLA Piper

    Perkins Coie LLP said it has hired a former DLA Piper partner who has represented startups and technology clients in the health care, e-commerce, biotech and renewable energy industries to head Perkins Coie's emerging companies and venture capital practice in Arizona.

  • May 3, 2018

    Weinstein Accusers See 11th-Hour Deposition As Scare Tactic

    Accusers bringing sexual abuse allegations against Harvey Weinstein say a Wednesday-night notice by the Weinstein Co. in Delaware bankruptcy court for the handover of creditor communications regarding the Chapter 11 sale of the studio is meant to silence their support for a late bid that creates a fund for abuse victims.

  • May 3, 2018

    Mining Co. Wants Wis. Tribe's Wetlands Permit Suit Tossed

    A mining company urged a Wisconsin federal judge Wednesday to toss a tribe’s challenge to Michigan’s authority to review the company’s wetlands permit application, arguing that neither the U.S. Environmental Protection Agency nor the U.S. Army Corps of Engineers shirked a mandatory duty by not taking over the review.

  • May 3, 2018

    Oakland, SF Say Climate Change Fight Belongs In Court

    Oakland and San Francisco on Thursday urged a California federal judge to keep alive their suits seeking to hold oil giants liable for climate change-related infrastructure damage, saying federal law makes a place for their claims and the companies' activities can be sufficiently tied to the Golden State.

  • May 3, 2018

    $639M Calif. Pipeline Unneeded, Judge Tells State Regulator

    An administrative law judge on Wednesday urged a California utility regulator to reject San Diego Gas & Electric Co.'s proposed $639 million natural gas pipeline project, saying the project isn't needed in light of declining demand and the Golden State's apparent intent to move away from fossil fuel use.

  • May 3, 2018

    Jones Walker Adds Energy Pro From Liskow & Lewis

    Jones Walker LLP said Wednesday it has beefed up its energy industry practice in New Orleans by hiring a partner with three decades of experience representing oil and gas companies at Liskow & Lewis.

  • May 3, 2018

    W.Va. Regulators Lift Block On $4.2B ETP Pipeline Work

    West Virginia environmental regulators on Wednesday said Energy Transfer Partners LP could resume construction of a portion of its $4.2 billion Rover natural gas pipeline after the company submitted a plan to correct violations of its water pollution control permit.

  • May 3, 2018

    Hanergy Wins Bid For $7.2M In PSEG Solar Contract Row

    Hanergy America Solar Solutions' bid to be paid about $7.2 million under a contract for a solar power project it developed and sold to a PSEG Inc. unit has been approved by a California federal judge, who said there's no dispute that Hanergy lived up to its side of the deal.

  • May 3, 2018

    Slawson To End North Dakota Drilling Suit After Permit Win

    Slawson Exploration Co. Inc. on Thursday notified a North Dakota federal court it was ending its suit against the U.S. Department of the Interior after an administrative hearing favored the company and allowed it to continue oil and gas drilling in the state in the face of a challenge by the Mandan Hidatsa and Arikara Nation.

  • May 3, 2018

    Pa. PUC Restarts Sunoco Pipeline After Sinkhole Worries

    The Pennsylvania Public Utility Commission voted Thursday to allow a Sunoco Inc. unit to restart operations on the Mariner East 1 natural gas pipeline two months after it was shut down for an investigation into sinkholes that were discovered along a portion of its route outside of Philadelphia.

  • May 3, 2018

    Enbridge Unit Sues To End Mass. Town’s Pipeline Holdup

    A division of Canadian energy provider Enbridge Inc. is looking to put an end to an ongoing squabble with a Massachusetts town so it can build a federally approved natural gas compressor station there, according to a lawsuit filed Thursday.

Expert Analysis

  • Series

    EPA In The Trump Era: The DOJ's 3rd-Party Payment Policy

    Raymond Ludwiszewski

    The U.S. Department of Justice's 2017 memo ending the previous administration's common practice of paying various nongovernmental, third parties as a condition of settlement with the U.S. is an important change of course that will meaningfully impact the contours of future judicial civil consent judgments with the U.S. Environmental Protection Agency, says Raymond Ludwiszewski, former EPA general counsel and partner at Gibson Dunn & Crutcher LLP.

  • Series

    EPA In The Trump Era: Settling Mandatory Duty Lawsuits

    Avi Garbow

    The U.S. Environmental Protection Agency’s 2017 "sue and settle” directive embraces a nascent process to post online notices of intent to sue, complaints and petitions for review. For some this is sufficient for planning purposes and strategic undertakings, but for others it provides interesting opportunities, says Avi Garbow, former EPA general counsel and partner at Gibson Dunn & Crutcher LLP.

  • Series

    EPA In The Trump Era: The Superfund Enforcement Initiative

    Donald Elliott

    When it comes to climate change, the U.S. Environmental Protection Agency under Administrator Scott Pruitt is undeniably less aggressive than under its immediate predecessor. However, for the current EPA, one area that sharply conflicts with this pattern is Superfund, says Donald Elliott, former EPA general counsel and chairman of the environmental practice group at Covington & Burling LLP.

  • Series

    EPA In The Trump Era: Making Sense Of Waters Of The US

    Larry Jensen

    In one of his first official acts, President Donald Trump ordered the U.S. Environmental Protection Agency to rescind and replace the Obama administration's Clean Water Rule. Regardless of the outcome of Trump’s effort, the controversy over the meaning of the phrase “waters of the United States” is likely to continue for many years, says Larry Jensen, former EPA general counsel and shareholder at Brownstein Hyatt Farber Schreck LLP.

  • How Emerging Sources Of ESI Will Impact Discovery

    Charles McGee

    Late last year, the Sedona Conference released the third edition of its principles addressing electronic document production, updated to account for innovations like Snapchat and Twitter. It may be necessary for these principles to be updated more often in order to keep pace with technology, says Charles McGee III of Murphy & McGonigle PC.

  • Put The Brakes On Acceleration Bay Litigation Funder Ruling

    David Gallagher

    Last week, the District of Delaware raised eyebrows by ruling that documents provided to a litigation funder and its counsel in connection with their due diligence are categorically not attorney work product. Acceleration Bay v. Activision Blizzard seems to be a case of bad facts making bad law, says David Gallagher, investment manager and legal counsel for Bentham IMF.

  • Considerations For Attorneys Using Artificial Intelligence

    Ben Allgrove

    Artificial intelligence tools can empower attorneys to work more efficiently, deepen and broaden their areas of expertise, and provide increased value to clients, which in turn can improve legal transparency, dispute resolution and access to justice. But there are some common pitfalls already apparent in the legal industry, say Ben Allgrove and Yoon Chae of Baker McKenzie.

  • Meditate On The Clause

    Ambassador David Huebner

    I have often suggested at arbitration conferences that the writing of any more articles on how to draft an arbitration clause should be outlawed. Yet, as an arbitrator, I continue to encounter cases in which inartfully drafted dispute resolution clauses cause confusion. At the risk of contributing to the scourge of online clutter, I will share a few brief thoughts on clause misfires, says David Huebner, a JAMS panelist and former U.S. ambassador to New Zealand and Samoa.

  • Series

    Judging A Book: Duncan Reviews 'Justice And Empathy'

    Judge Allyson Duncan

    In "Justice and Empathy: Toward a Constitutional Ideal," the late Yale Law School professor Robert Burt makes a compelling case for the undeniable role of the courts in protecting the vulnerable and oppressed​. But the question of how the judiciary might conform to Burt’s expectations raises practical problems​, says U.S. Circuit Judge Allyson Duncan of the Fourth Circuit. ​

  • The Art Of The Litigation Funding Deal

    Julia Gewolb

    As litigation funding becomes more widespread, greater complexity and variability in funding deals are to be expected. All claimants should consider certain key questions on the economics of single-case funding when considering or comparing funding terms, says Julia Gewolb of Bentham IMF.