Project Finance

  • August 18, 2017

    US, TransCanada Seek To Trash Keystone Pipeline ESA Claim

    TransCanada and the U.S. government asked a Montana federal judge on Friday to toss a citizen-suit claim brought under the Endangered Species Act in a suit challenging the government’s approval of permits for the Keystone XL pipeline revived by President Donald Trump, saying environmental groups don’t have standing to bring ESA claims in response to presidential action.

  • August 18, 2017

    Trump Infrastructure Order Shows Strategy Without Clear Plan

    The Trump administration's recent executive order seeking to expedite permitting and approvals for infrastructure projects is an encouraging sign the president is curtailing what he views as overregulation and inching toward advancing his promised — yet still unseen — infrastructure investment proposal, experts say.

  • August 18, 2017

    Westinghouse Liable For Project Shutdown Costs, Co. Says

    A subcontractor of bankrupt Westinghouse Electric Co. asked a New York bankruptcy court Thursday to ensure it will be paid the more than $2 million it says it will need to wind down its work at a canceled South Carolina nuclear power project.

  • August 18, 2017

    Sanchez Energy Sells Eagle Ford Assets For $105M

    Texas-based Sanchez Energy Corp. on Thursday said it had entered into a definitive agreement to sell Eagle Ford Shale assets for about $105 million in cash, according to a company announcement.

  • August 18, 2017

    Taxation With Representation: Sullivan, Kirkland, Davis Polk

    In this week's Taxation With Representation, one Andeavor master limited partnership buys another for $1.5 billion, a transportation logistics company trades hands between private investment companies for nearly $1 billion, two clothing companies join up in an $820 million deal, and the Miami Marlins get traded for $1.2 billion.

  • August 18, 2017

    2nd Circ. Denies Constitution’s $683M NY Pipeline Retry

    The Second Circuit on Friday denied Constitution Pipeline Co. LLC’s request to review a decision by the New York State Department of Environmental Conservation that denied the company a water permit for a $683 million natural gas pipeline, saying the company hadn't provided the information the department requested.

  • August 18, 2017

    UK Litigation Roundup: Here's What You Missed In London

    The last week has seen the European Investment Bank sue the Syrian government, Bank of India bring a commercial contract claim against a Turkish mining firm, and a claim targeting insurance firm QBE. Here, Law360 looks at those and other new claims in the U.K.

  • August 18, 2017

    Corps, Dakota Access Say Pipeline Oil Should Keep Flowing

    The U.S. Army Corps of Engineers and the Energy Transfer Partners unit behind the controversial Dakota Access crude oil pipeline continued to press a D.C. federal judge Thursday to keep oil flowing while the agency works to fix problems he found with an environmental review.

  • August 18, 2017

    Slowdown In Bankruptcies Belies Oil Cos.' Stormy Situation

    The wave of bankruptcy filings in the oil and gas industry has slowed since last year when the price of crude hit a 10-year low, but energy companies remain vulnerable in a volatile market with high leverage and a stubbornly slow rebound in prices, experts say.

  • August 18, 2017

    Contractor Asks DC Circ. Not To Revive $8.5M Award Fight

    An Afghan builder on Thursday asked the D.C. Circuit to uphold an order enforcing the $8.5 million award it won against a U.S. engineering firm over a dispute involving a power plant tied to a U.S. foreign aid project, saying that the American company hasn’t offered any new arguments.

  • August 18, 2017

    US Power Giant Calpine To Be Taken Private In $5.6B Deal

    Texas-based Calpine Corp., a North American power giant that serves customers in 25 states, Canada and Mexico, will be taken private in a deal worth $5.6 billion, according to a Friday statement.

  • August 17, 2017

    Petrobras Pulls Uruguay Into Arbitration Over Gas Deals

    Petrobras said Thursday that two of its Uruguayan companies have launched international arbitration proceedings against Uruguay arising from a yearslong dispute over agreements for the companies to supply natural gas from Argentina to its smaller neighbor.

  • August 17, 2017

    Zinke Says Gulf Of Mexico Oil & Gas Lease Sale Netted $121M

    Department of the Interior Secretary Ryan Zinke said an oil and gas lease sale on Wednesday generated $121 million in high bids for tracts in the Gulf of Mexico, adding that the initiative was part of President Donald Trump’s efforts to make the country “energy dominant.”

  • August 17, 2017

    DC Circ. Urged To Ax Plan To Shut Down Santa Monica Airport

    Aviation groups urged the D.C. Circuit Wednesday to ground Santa Monica, California’s plans to shorten its airport runway as part of a deal with the Federal Aviation Administration to close the airfield by 2029 and turn it into a park, saying the FAA disregarded statutory mandates by blessing the plan.

  • August 17, 2017

    Verizon Plans To Build Competitor For AT&T-Led FirstNet

    Verizon announced Wednesday that it will roll out its own dedicated public safety communications network, offering states an alternative service provider as designs for the federally backed, AT&T-supported FirstNet plan move forward.

  • August 17, 2017

    Deals Rumor Mill: China Unicom, Hub International, Energen

    Shares of China Unicom have been suspended due to uncertainty related to details of the company's previously announced $11.6 billion fundraise, Hellman & Friedman is looking to sell a stake in insurance brokerage Hub International, and U.S. oil and gas exploration company Energen is being pressured by shareholders to sell.

  • August 17, 2017

    2nd Circ. Won’t Revisit Clean Energy Ruling Favoring Conn.

    The Second Circuit said Thursday it will not revisit its decision upholding Connecticut’s program for soliciting renewable energy projects and its renewable energy standard against a solar company’s challenge that the state’s regulatory efforts infringed on federal powers and were discriminatory.

  • August 17, 2017

    Pipeline Co. Fights Order To Get Off Okla. Tribal Lands

    Enable Midstream Partners LP again urged an Oklahoma federal judge on Wednesday to lift an order to remove a natural gas pipeline from the property of a group of tribal landowners, saying the landowners haven’t given a persuasive reason why the company’s request shouldn’t be granted.

  • August 17, 2017

    PE-Backed Acquisition Co. Announces $3.8B Energy Tie-Up

    A private equity-backed acquisition company on Wednesday announced that it has agreed to merge with both an exploration and production company and a gatherer and processor of crude oil and natural gas to create a new company valued at $3.8 billion.

  • August 17, 2017

    SolarCity Must Face Cogenra's Unfair Competition Suit

    Elon Musk's solar power company SolarCity Corp. can't escape a competitor’s unfair and unlawful competition suit alleging it stole trade secrets after breaking a promise to partner because it’s plausible Cogenra Solar Inc. relied on that promise when it turned down offers from other interested parties, a California federal judge said on Wednesday.

Expert Analysis

  • Protecting The Privacy Of Privileged Internal Investigations

    Donna Fisher

    Despite the fact-dependent nature of privilege, complicated by the diversity of approaches across jurisdictions, corporations can take effective measures to best protect confidential attorney-client communications and attorney work product relating to internal investigations, say attorneys with Pepper Hamilton LLP.

  • 5 Tips For A Successful Legal Blog

    David Coale

    David Coale, leader of the appellate practice at Lynn Pinker Cox & Hurst LLP, shares his insights into what works — and what does not — when setting up and maintaining a legal blog.

  • Series

    What I Learned In My 1st Year: Lessons From Willy Wonka

    Thomas Ciarlone Jr.

    As a new associate faced with vexing facts and unfavorable case law, I confidently told a senior partner that there was no way to win. The partner's response taught me something vital about the legal profession, and reflected the wisdom of Willy Wonka's "105 percent" formula, says Thomas Ciarlone Jr. of Kane Russell Coleman Logan PC.

  • Series

    Judging A Book: Kopf Reviews Posner's 'Federal Judiciary'

    Judge Richard Kopf

    There is a wonderful sketch of Seventh Circuit Judge Richard Posner dressed in a black robe with arms outstretched as if they were the billowing wings of a lean vulture. He is kicking a human brain down a hallway and wearing a half-smile that looks for all the world like a sneer. That sketch is the perfect metaphor for both Judge Posner and his new book, "The Federal Judiciary: Strengths and Weaknesses," says U.S. District Judge Ri... (continued)

  • A Closer Look At EPA's Approach To CPP Rollback

    Paul Tanaka

    While the U.S. Environmental Protection Agency has taken steps toward withdrawing the Clean Power Plan, the question remains whether and how the EPA will regulate carbon dioxide emissions from power plants in its place. Attorneys with Kirkland & Ellis LLP discuss various options and their potential impact.

  • The Use Of Special Masters In Complex Cases

    Shira Scheindlin

    Special master appointments can be very beneficial in resolving disputes quickly, streamlining discovery, handling delicate settlement negotiations, and — somewhat surprisingly — reducing cost and delay, says retired U.S. District Judge Shira Scheindlin, now with JAMS.

  • Roundup

    Notes From A Law Firm Chief Privacy Officer

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    As more law firms become the targets of major cyberattacks, more firms may consider appointing a chief privacy officer. In this series, CPOs at four firms discuss various aspects of this new role.

  • Series

    Notes From A Law Firm Chief Privacy Officer: New Demands

    Phyllis Sumner

    For outside counsel, oftentimes efficiency and responsiveness collide with security measures as clients are increasingly requiring their law firms to comply with third-party risk management programs. To meet these challenges, law firms are focusing more on the roles of chief privacy officer and chief information security officer, says Phyllis Sumner, chief privacy officer for King & Spalding LLP.

  • Opinion

    It's Time To Improve Voir Dire In Federal Court

    Lisa Blue

    During the jury selection process, many times parties submit proposed voir dire questions, but the court ultimately chooses the questions to be asked and does all of the questioning of the jury panel. While this approach is judicially efficient, rarely do we learn anything meaningful from the panel members, say Lisa Blue of Baron and Blue and Robert Hirschhorn of Cathy E. Bennett & Associates.

  • Series

    Notes From A Law Firm Chief Privacy Officer: Insider Risks

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    As law firms hold sensitive information not only related to the firm but to the firm’s clients, an insider threat — whether it's a "bad actor employee" or inadvertent activity — poses a particular concern. There are steps that privacy officers can initiate to help minimize these threats, says Patricia Wagner, chief privacy officer for Epstein Becker Green.