Project Finance

  • June 05, 2023

    STB Asks DC Circ. To Hold Off Scheduling Rail Merger Appeal

    The Surface Transportation Board asked the D.C. Circuit on Monday to hold off on a scheduling brief for an appeal of the regulator's approval of Canadian Pacific's $31 billion merger with Kansas City Southern until after the board hears an in-house challenge.

  • June 05, 2023

    DC Judge Probes Challenge To Puerto Rico Dredging Project

    A Washington, D.C., federal judge volleyed dozens of questions Monday at a trio of environmental groups and the U.S. Army Corps of Engineers to determine whether the federal government adequately considered the environmental and human health impacts of its plan to dredge shipping channels in Puerto Rico's largest port.

  • June 05, 2023

    Lawmakers Ask Treasury, SEC If They Work With EU On ESG

    Two senior Republican lawmakers sent letters to the Treasury Department and the U.S. Securities and Exchange Commission on Monday, requesting information on their possible coordination with the European Union on ESG measures they decried as burdensome for U.S. companies.

  • June 05, 2023

    $511M Biofuel Credit Fraud Figure To Appeal 40-Year Sentence

    A leader of a $511 million renewable-energy tax fraud scheme who was sentenced to 40 years in prison and given a $443 million fine told a Utah federal court Monday that he will appeal to the Tenth Circuit. 

  • June 05, 2023

    Telecom Group Calls For 60-Day Clock On Federal Permits

    A top trade group for broadband service providers wants Congress to impose a 60-day deadline on federal permitting decisions for high-speed connectivity projects.

  • June 05, 2023

    Labor Dept. Asks Texas Court To Save ESG Investing Rule

    The U.S. Department of Labor urged a Texas federal judge to throw out a lawsuit lodged by 25 Republican state attorneys general seeking to block a rule allowing retirement advisers to consider issues such as climate change and social justice when choosing investments.

  • June 05, 2023

    Justices Won't Wade Into Calif. Offshore Fracking Fight

    The U.S. Supreme Court on Monday refused to review a Ninth Circuit decision that federal regulators botched their approval of offshore fracking permits off the California coast.

  • June 05, 2023

    Banker Can Be Sent To US On Money Laundering Charges

    An Austrian banker should be extradited to the U.S. to face money laundering charges over his alleged role in a massive corruption scandal involving Brazilian construction conglomerate Odebrecht SA, a London judge ruled Monday.

  • June 02, 2023

    Top Groups Lobbying The FCC

    In the month of May, the Federal Communications Commission heard from interest groups lobbying the agency on issues ranging from the rollout of next-generation 911 to rural broadband funding, freeing up the airwaves, regulatory fees and more.

  • June 02, 2023

    Texas Justices Will Review Mineral Rights Force Pooling Row

    The Texas Supreme Court said Friday it will review a state regulator's decision finding that a Houston-based oil and gas exploration company can't force a nearby mineral rights owner to share drilling properties.

  • June 02, 2023

    Enviros Say New Montana Coal Mining Laws Must Be Blocked

    Green groups on Thursday urged a federal judge to block recently enacted Montana laws that revise the state's coal mining regulations, arguing that they circumvent federal mining law and weaken environmental protections.

  • June 02, 2023

    T-Mobile Asks FCC To Rev Up School Bus Wi-Fi Plan

    T-Mobile wants the Federal Communications Commission to take the plunge and make school bus Wi-Fi one of the services eligible for reimbursement under the agency's E-rate subsidy program before it's too late for schools to take advantage of the change in fiscal 2024.

  • June 02, 2023

    Rhode Island Can't Revive Truck Toll Scheme, 1st Circ. Told

    A coalition of highway users, freight carriers and state trucking groups told the First Circuit that Rhode Island's first-of-its-kind truck tolling program unconstitutionally interfered with interstate commerce and unfairly singled out large commercial trucks, so state officials cannot be allowed to reassess the tolls.

  • June 02, 2023

    JetBlue Inks Deal To Sell NYC Slots For Spirit Merger

    JetBlue has inked a deal to unload slots at New York's LaGuardia Airport currently owned by Spirit Airlines to Frontier Airlines, making good on part of its promise to divest all of Spirit's holdings in Boston and New York ahead of its $3.8 billion purchase of the airline.

  • June 01, 2023

    SD County Must Face Challenge To CO2 Pipeline Ban

    A South Dakota federal judge on Thursday ruled a Mount Rushmore State county would have to face a challenge to its ban on new hazardous waste pipelines from a company alleging the restriction blocking its planned carbon capture line is preempted by federal law.

  • June 01, 2023

    Tribal Schools, Libraries Face Barriers To Access FCC Funds

    Tribal authorities may be able to take greater advantage of the Federal Communications Commission's subsidy program aimed at helping schools and libraries pay for broadband if they could use the funds to pay for staffing, the agency learned at a recent "listening session."

  • June 01, 2023

    Industry Groups Want 'Swift' Senate Action On FCC Picks

    Half a dozen telecom industry groups on Thursday called for a Senate panel to act expeditiously on President Joe Biden's latest nominations to the Federal Communications Commission, including a new Democratic pick.

  • June 01, 2023

    6th Circ. Won't Rehear FCC Subsidy Suit, More Fights Loom

    The full Sixth Circuit will not revisit its decision to reject a constitutional challenge to the Federal Communications Commission's subsidy programs, even as the legal battle continues in other circuits and potentially draws closer to U.S. Supreme Court review.

  • June 01, 2023

    Kids' Climate Case Revived By Oregon Judge

    A lawsuit brought by a group of young plaintiffs against the U.S. government over its climate policies was rescued from the brink of failure on Thursday by an Oregon federal judge who ruled that proposed amendments to their complaint rectify deficiencies identified by the Ninth Circuit.

  • June 01, 2023

    Georgia Drops Federal Contractor Vaccine Case Against Biden

    A Georgia federal judge on Thursday has tossed Republican-controlled states' challenge to the Biden administration's COVID-19 vaccine mandate for federal contractors, just weeks after the White House eliminated the requirement.

  • June 01, 2023

    Constellation To Pay $1.75B For NRG Stake In Nuclear Plant

    Sidley Austin LLP-led Constellation Energy said Thursday it has agreed to pay $1.75 billion for a 44% equity interest in South Texas Project Electric Generating Station that is currently held by NRG Energy Inc., which is represented by McGuireWoods LLP.

  • May 31, 2023

    Water Utilities Lukewarm On EPA's PFAS Drinking Water Rule

    Water utilities from across the nation are telling the U.S. Environmental Protection Agency they support an effort to control the presence of "forever chemicals" in drinking water, but highlighted a multitude of logistical and scientific challenges that cast doubt on the EPA's approach.

  • May 31, 2023

    EU Law Blocks €332M Arbitral Awards, Spain Tells DC Circ.

    Spain is urging the D.C. Circuit to block two renewable energy investors from enforcing arbitral awards worth a combined €332 million ($344 million), saying the 2019 awards are invalid because the European Union bars arbitration between member states and EU nationals.

  • May 31, 2023

    Tribes Say Alaska Native Corp. Can Defend Controversial Mine

    Three tribes suing to block the development of a massive gold mine in southwestern Alaska said reluctantly that an Alaska Native corporation can defend the mining plans in court, setting up another fight over a project that has long divided Indigenous communities in the state.

  • May 31, 2023

    Canadian Pacific-KCS Wants Voice In Merger Approval Appeal

    The railroad formed through Canadian Pacific Railway Ltd.'s $31 billion merger with Kansas City Southern Railway Co. has asked the D.C. Circuit for permission to intervene in challenges of the regulatory approval for the deal lodged by Union Pacific Railroad and a commuter rail service.

Expert Analysis

  • Tackling Judge-Shopping Concerns While Honoring Localism

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    As the debate continues over judge-shopping and case assignments in federal court, policymakers should look to a hybrid model that preserves the benefits of localism for those cases that warrant it, while preventing the appearance of judge-shopping for cases of a more national or widespread character, says Joshua Sohn at the U.S. Department of Justice.

  • EPA Nod For La. Program Bodes Well For Carbon Storage

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    The U.S. Environmental Protection Agency's recent announcement that it plans to grant Louisiana control over the permitting of carbon dioxide geologic sequestration wells is a welcome development for other states seeking similar authority — and developers seeking carbon storage well permits, say attorneys at Sidley.

  • Perspectives

    How Attorneys Can Help Combat Anti-Asian Hate

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    Amid an exponential increase in violence against Asian American and Pacific Islander communities, unique obstacles stand in the way of accountability and justice — but lawyers can effect powerful change by raising awareness, offering legal representation, advocating for victims’ rights and more, say attorneys at Gibson Dunn.

  • Opinion

    Congress Needs To Enact A Federal Anti-SLAPP Statute

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    Although many states have passed statutes meant to prevent individuals or entities from filing strategic lawsuits against public participation, other states have not, so it's time for Congress to enact a federal statute to ensure that free speech and petitioning rights are uniformly protected nationwide in federal court, say attorneys at Skadden.

  • 3 Developments That May Usher In A Nuclear Energy Revival

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    A recent advancement in nuclear energy technology, targeted provisions in the Inflation Reduction Act and a new G7 agreement on nuclear fuel supply chains may give nuclear power a seat at the table as a viable, zero-carbon energy source, say attorneys at Vinson & Elkins.

  • What Tax-Exempt Orgs. Need From Energy Credit Guidance

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    Guidance clarifying the Inflation Reduction Act’s credit regime, expected from the U.S. Department of the Treasury this summer, should help tax-exempt organizations determine the benefits of clean energy projects and integrate alternative energy investments into their activities, say attorneys at Morgan Lewis.

  • As Sackett Trims Feds' Wetlands Role, States May Step Up

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    The U.S. Supreme Court's recent decision in Sackett v. U.S. Environmental Protection Agency extinguishes federal authority over many currently regulated wetlands — meaning that federal permits will no longer be required to discharge pollutants in affected areas, but also that state regulators may take a more active role, say attorneys at Kelley Drye.

  • Some Client Speculations On AI And The Law Firm Biz Model

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    Generative artificial intelligence technologies will put pressure on the business of law as it is structured currently, but clients may end up with more price certainty for legal services, and lawyers may spend more time being lawyers, says Jonathan Cole at Melody Capital.

  • EPA's New Rule On Power Plant GHGs Won't End Litigation

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    The U.S. Environmental Protection Agency's recent proposal for limiting greenhouse gas emissions from the nation's power plants would use new approaches to reduce carbon pollution in the coming years — but it is unlikely it will end the legal wrangling over climate change mitigation measures, say attorneys at Beveridge & Diamond.

  • Why Ericsson DPA Breach Is Precedent-Setting

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    Swedish telecommunications company Ericsson recently faced several penalties for breaching a deferred prosecution agreement, revealing a sobering new precedent for when the U.S. Department of Justice will find an entity in noncompliance, so companies should be prepared to revisit pre-resolution disclosures, say James Koukios and Sarah Maneval at MoFo.

  • Environmental Diligence Is Crucial When Buying Biofuel Cos.

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    As momentum for mergers and acquisitions transactions within the biofuels industry continues to grow, potential buyers must not neglect proper diligence and thoughtful negotiation regarding environmental attributes generated in connection with the target's products and production process, says Victoria Sitz at Husch Blackwell.

  • What An ICJ Climate Opinion Could Mean For Gov'ts, Cos.

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    The United Nations General Assembly's recent request to the International Court of Justice for an advisory opinion on states' climate obligations could result in either a conservative finding that merely restates existing international law commitments, or a comprehensive regime with major implications for governments and businesses, say attorneys at Curtis Mallet-Prevost.

  • A Lawyer's Guide To Approaching Digital Assets In Discovery

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    The booming growth of cryptocurrency and non-fungible tokens has made digital assets relevant in many legal disputes but also poses several challenges for discovery, so lawyers must garner an understanding of the technology behind these assets, the way they function, and how they're held, says Brett Sager at Ehrenstein Sager.

  • Opinion

    High Court's Ethics Statement Places Justices Above The Law

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    The U.S. Supreme Court justices' disappointing statement on the court's ethics principles and practices reveals that not only are they satisfied with a status quo in which they are bound by fewer ethics rules than other federal judges, but also that they've twisted the few rules that do apply to them, says David Janovsky at the Project on Government Oversight.

  • G7 Russia Restrictions May Further Complicate Compliance

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    New sanctions and export controls announced at the G7 summit targeting parties that help Russia circumvent existing restrictions signal continued multilateral commitment to intensifying economic pressure on Russia, and underscore the increasing compliance challenges for companies that pursue Russia-related opportunities, say attorneys at Ropes & Gray.

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