Project Finance

  • January 19, 2018

    No Plea Talks For Cuomo Aide, Others Eyed In Albany Graft

    Four New York men accused of a large-scale bribery and corruption scheme flowing from the state capital of Albany, including a noted confidante to Gov. Andrew Cuomo, are going to trial without having had plea negotiations, a Manhattan federal judge was told Friday. 

  • January 19, 2018

    Rural Advocates Slam FCC’s Copper Transition Plan

    Public Knowledge and the Center for Rural Strategies assailed the Federal Communications Commission in comments submitted Wednesday accusing the agency’s Republican leadership of leaving rural Americans behind as the agency works to accelerate the country’s shift from a copper data network to fiber optics.

  • January 19, 2018

    Puerto Rico Hands Over Info On Accounts With $7B Stash

    Officials of Puerto Rico on Friday unveiled a summary of account balances for the debt-ridden territory's various instrumentalities and touted a push for more transparency, amid heightened scrutiny over the recent discovery of nearly $7 billion in undisclosed funds stashed in government bank accounts.

  • January 19, 2018

    DC Circ. Upholds NRC's Wyo. Uranium Mine License

    The D.C. Circuit on Friday rejected environmental groups’ effort to revive their challenge to the U.S. Nuclear Regulatory Commission’s decision to issue a license for Strata Energy Inc.’s uranium mining project in Wyoming.

  • January 19, 2018

    Feds Want Tribes’ Bears Ears Challenge Moved To Utah

    The federal government asked a D.C. federal court Thursday to transfer a suit brought by the Hopi Tribe and others alleging President Donald Trump did not have authority to reduce the size of the Bears Ears National Monument, arguing that Utah is a better venue.

  • January 19, 2018

    Breaking Down The Sprawling Ex-Cuomo Aide Corruption Trial

    Federal prosecutors are set to face off with a former confidant of Gov. Andrew Cuomo over an alleged bribery scheme with hundreds of millions of government dollars in play, and are aiming to clear the U.S. Supreme Court's raised bar for proving graft in the latest trial over alleged corruption in New York's state government. Here, Law360 takes a look at the case in advance of the trial scheduled to begin on Monday.

  • January 19, 2018

    Broadband Bill Deluge Aims To Streamline Rural Deployment

    House lawmakers kept up the onslaught of broadband-related bills on Friday, filing several new measures aimed at shoring up resources for internet network expansion, including emergency funding for disaster areas and reduced environmental and historical reviews for certain projects.

  • January 19, 2018

    FERC Shouldn't Hear Religious Freedom Claim, 3rd Circ. Told

    A Roman Catholic order of nuns on Friday urged the Third Circuit to undo a district court’s ruling that the Federal Energy Regulatory Commission, not the courts, must hear its pipeline challenge, arguing that the agency isn’t a competent tribunal with respect to the religious freedom law controlling its claim.

  • January 19, 2018

    US Chamber Pushes Gas Tax Hike In Infrastructure Blueprint

    The U.S. Chamber of Commerce pitched an infrastructure investment plan Thursday calling for a 25-cent federal gas tax hike, more public-private partnerships and streamlined permitting processes, urging Congress and the Trump administration to advance a meaningful infrastructure bill this year.

  • January 19, 2018

    DC Circ. Backs FERC In New England Power Auction Row

    The D.C. Circuit on Friday backed the Federal Energy Regulatory Commission's rejection of a complaint by New England power producers challenging regional grid operator ISO New England Inc.'s clawing back of auction revenues for delivering future power due to high real-time power prices.

  • January 19, 2018

    Taxation With Representation: Wachtell, Kirkland, Latham

    In this week’s Taxation With Representation, Silver Lake and P2 purchased Blackhawk for $3.5 billion, Energizer acquired Spectrum’s battery business for $2 billion, Wyndham snapped up La Quinta for $1.95 billion, and Energy Transfer sold its natural gas compression business to USA Compression for $1.8 billion.

  • January 18, 2018

    NY Tells 2nd Circ. It Did Not Waive Authority Over Pipeline

    New York’s Department of Environmental Conservation pressed the Second Circuit on Wednesday to hold that the agency did not waive its permitting authority over a Millennium Pipeline Co. LLC natural gas pipeline project, despite the Federal Energy Regulatory Commission’s conclusion to the contrary.

  • January 18, 2018

    FCC Report Assesses Fixed And Mobile Broadband Separately

    The Federal Communications Commission's annual inquiry into the state of broadband deployment evaluates fixed and mobile service separately, agency Chairman Ajit Pai said Thursday, quelling some concerns that the agency would equate the two.​

  • January 18, 2018

    Dallas Slams Southwest, Delta In Fight Over Gate Access

    The city of Dallas on Wednesday urged a Texas federal court to dismiss counterclaims against it from Southwest Airlines and Delta Air Lines in a dispute over gate access at a small Dallas airport, saying they'd already been addressed by the city in its own claims.

  • January 18, 2018

    Toshiba To Sell Claims Against Westinghouse For $2.2B

    Toshiba Corp. announced Thursday it has agreed to sell billions worth of claims it holds against Westinghouse Electric Co., its bankrupt nuclear contracting subsidiary, for close to $2.2 billion, helping set up a path for Westinghouse to confirm a reorganization plan by the end of March.

  • January 18, 2018

    Sen. Demands Answers From Pruitt On EPA Costs, Policies

    Massachusetts Democratic Sen. Edward Markey sent a letter to U.S. Environmental Protection Agency chief Scott Pruitt on Thursday posing a slew of questions about his conduct and accusing him of driving the regulator away from its mission to protect the environment and toward industry-friendly positions.

  • January 18, 2018

    Oil, Gas Cos. Seek To Keep DC Circ. Brakes Challenge Alive

    The oil and natural gas industry asked the D.C. Circuit on Thursday to keep alive their consolidated challenge to a 2015 federal safety rule for trains carrying crude oil, saying a controversial special brakes requirement is still on the books so their challenge isn't moot.

  • January 18, 2018

    Contractor On $42M Pa. Bridge To Cop To Enviro Crimes

    The owner of a Pennsylvania painting company on Wednesday agreed to plead guilty to federal charges of knowingly discharging pollutants into the Susquehanna River during a $42 million bridge rehabilitation project.

  • January 18, 2018

    Trump Wants Suit Over 'Secret' Infrastructure Council Nixed

    President Donald Trump on Wednesday urged a D.C. federal court to toss a lawsuit accusing the White House of creating an advisory council led by members sullied with ethical and financial conflicts of interest to secretly craft his highly anticipated infrastructure plan, saying the suit is moot because there’s no such council.

  • January 18, 2018

    Trump's Pick For DOJ Enviro Chief Clears Senate Committee

    The Senate Judiciary Committee on Thursday voted to advance President Donald Trump’s nominee to lead the U.S. Department of Justice’s environmental division, Kirkland & Ellis LLP partner Jeffrey Bossert Clark, over strong objections from Democrats.

Expert Analysis

  • The Public Finance Industry Dodged A Tax Reform Bullet

    Victoria Ozimek

    The passage of the tax bill brought an end to a nearly two-month rollercoaster ride that had the public finance industry white-knuckled and a little green in the face. The final bill belied initial assurances that tax reform “won’t touch tax-exempt bonds,” but the end result could have been a lot worse, say Victoria Ozimek and Brian Teaff of Bracewell LLP.

  • 6 E-Discovery Predictions For 2018

    Erich Potter

    Erich Potter, discovery counsel with Oles Morrison Rinker & Baker LLP, discusses six ways e-discovery will continue to excite and confound in 2018.

  • How Sanctuary City Regs Could Impact Houston Real Estate

    Hilary Tyson

    President Donald Trump’s sanctuary city ban has been enmeshed in litigation since it was enacted, as has similar legislation in the Texas Legislature. But while the future of these regulations may not be certain, they still stand to exact broad impacts, both in Houston and beyond, say Hilary Tyson and Lauren McLaughlin of BoyarMiller.

  • 6 Roles To Embrace In An Evolving Legal Industry

    Rob MacAdam

    Smart law firms are increasingly positioning professionals to proactively guide them as the legal landscape reshapes itself, harnessing six emerging roles within their organizational charts to embrace new approaches, tools and systems, says Rob MacAdam of HighQ.

  • The Uncertain Fate Of Migratory Birds

    Hilary Tompkins

    It remains to be seen if the recent reversal of the U.S. Department of the Interior's long-standing position regarding the Migratory Bird Treaty Act will withstand challenges. The launch of this decision — just before Christmas and without a solicitor — highlights some potential pitfalls, says Hilary Tompkins, a partner at Hogan Lovells and former solicitor of the DOI.

  • Crystallex's Implications For Holders Of Venezuelan Debt

    Richard Cooper

    As the economic situation in Venezuela continues to deteriorate and the number of bond defaults continues to mount, the Third Circuit’s recent ruling against Crystallex is a poignant reminder about the challenges of recovering on claims against a determined sovereign. However, Crystallex is not without further litigation options, say Richard Cooper and Boaz Morag of Cleary Gottlieb Steen & Hamilton LLP.

  • Opinion

    This Year, Let’s Invest In Lawyer Resiliency

    krishtel.photo.jpg

    Highly profitable companies have comprehensive corporate wellness programs that realize plateauing health care costs, greater employee engagement, and a demonstrable competitive advantage. The legal field needs a similar awakening, says Rudhir Krishtel, a former partner of Fish & Richardson and senior patent counsel at Apple.

  • 5 Legal Technology Predictions For 2018

    Jeff Ton

    While each new year is expected to bring fresh challenges to the legal industry, 2018 will be particularly disruptive to the status quo. Both law firms and organizations that cater to the legal community should prepare for developments like increasing pressure from international clients and data security risks caused by multigenerational gaps, says Jeff Ton of Bluelock LLC.

  • Litigation Finance Trends To Watch In 2018

    Jay Greenberg

    Jay Greenberg and Max Volsky, co-founders of litigation finance platform LexShares Inc., analyze emerging trends based on conversations with their investors and executives in this rapidly evolving sector.

  • The Enneagram And The Practice Of Law

    Jennifer Gibbs

    Study of the Enneagram personality typing system can provide attorneys with better insights into themselves, and into those they interact with professionally, including clients, opposing counsel and judges, says Jennifer Gibbs of Zelle LLP.