Project Finance

  • January 25, 2024

    Investors Call Prison 'The Only Solution' For Collection Bid

    EB-5 investors who've been chasing settlement and sanction judgments for years in an Illinois federal fraud case are arguing that imprisonment "is the only bullet left in the court's gun" against real estate developers who've consistently played "a shell game" to avoid paying up.

  • January 25, 2024

    Locke Lord Welcomes Offshore Wind Pro In DC

    The former vice president for offshore wind at the American Clean Power Association has joined Locke Lord LLP, the firm announced Thursday, saying the addition will further strengthen its renewable energy capabilities.

  • January 25, 2024

    Calif. Judge Says States' Trump Water Rule Challenge Is Moot

    A California federal judge dismissed Democrat-led states' challenge to a Trump-era Clean Water Act rule the Biden administration has since replaced, saying because there is no present controversy, the case is moot.

  • January 25, 2024

    Caps, Wizards Owner Defends Plan To Move Teams To Virginia

    Billionaire Ted Leonsis defended his plan to move the Washington Wizards and Washington Capitals from the District of Columbia to a sprawling entertainment district planned for Alexandria, Virginia, on Thursday, stressing that the move will not alienate fans or impose new economic burdens.

  • January 25, 2024

    Fieldfisher Adds Arbitration Pro With Spanish Partner Hire

    Fieldfisher LLP has hired a founding partner of Spanish law firm Claros & Abogados to join its Madrid office as it looks to bolster its dispute settlement practice across Europe and the Americas.

  • January 24, 2024

    PG&E Judge Voices 'Frustration' At Atty Arguing Counsel Bid

    A California judge overseeing PG&E's bankruptcy voiced "frustration" at a hearing Wednesday over investors' arguments on a motion to appoint interim lead counsel in a parallel securities suit, telling the plaintiffs' attorney he was "going around in circles" answering questions on how the class action procedures interact with the bankruptcy process.

  • January 24, 2024

    EU Proposes New Foreign Investment And Trade Policies

    The European Commission adopted five policy proposals Wednesday aimed at reinforcing the European Union's economic security through new actions on foreign investment, outbound investment and sensitive technology.

  • January 24, 2024

    Bid To Swap Chevron For An Old Standby Raises Doubts

    Last week, the U.S. Supreme Court debated whether a World War II-era doctrine encouraging courts to strongly consider agency statutory interpretations could replace the court's controversial so-called Chevron doctrine that requires judges to defer to those interpretations if a statute is ambiguous.

  • January 24, 2024

    La. Wins Injunction Against EPA On Disparate Impact Rules

    A Louisiana federal judge will allow the state to temporarily block the U.S. Environmental Protection Agency from imposing certain environmental justice requirements on permitting and grant decisions, finding the state is likely to prevail in its challenge.

  • January 24, 2024

    Viasat Wrong To Oppose Starlink Funding Petition, FCC Told

    A Virginia resident pressing the Federal Communications Commission to restore nearly $886 million in rural development funds for Starlink's broadband service claims that satellite giant Viasat was wrong to oppose his petition as flawed and untimely.

  • January 24, 2024

    NJ Utility Regulator Awards 2 Offshore Wind Contracts

    Nearly three months after Danish energy company Orsted backed out of its project to build a wind farm off the New Jersey coast, the state's utility regulator has approved two new offshore wind projects expected to bring over 3,700 megawatts of wind energy to power almost 2 million homes.

  • January 23, 2024

    Wash. Justices Scrutinize Arb. Award's Role In Future Suits

    Washington State Supreme Court justices on Tuesday questioned a beleaguered developer's insistence that a trial judge should not have confirmed an $11.5 million arbitration award against it since it has already paid the money, saying the details of the award might have value in continued litigation between the developer and its lender.

  • January 23, 2024

    Appeals Board Says Feds Forfeited 'Sum Certain' Arguments

    The Armed Services Board of Contract Appeals refused to toss ECC International Constructors LLC's appeals in a long-running contract dispute with the U.S. Army Corps of Engineers, saying the government was late in arguing the firm failed to seek a specific sum.

  • January 23, 2024

    ISP Appeals FCC's Denial Of $49M In Rural Broadband Funds

    A wireless broadband provider is asking the Federal Communications Commission to reconsider its rejection of the company's Rural Digital Opportunity Fund application, saying the commission's December decision letter is "riddled with material errors of fact."

  • January 23, 2024

    AECOM Says Contractor's $5M Pretrial Concession 'Too Late'

    The design and engineering giant AECOM said it was too late for a joint venture to concede liability on a $5 million damages claim in a Colorado toll lanes project dispute, telling a federal judge that the venture blew its chance and the firm is "no longer willing" to negotiate a pretrial deal.

  • January 23, 2024

    PG&E Beats $2.5B Negligence Suit Over Blackouts At 9th Circ.

    A Ninth Circuit panel on Tuesday affirmed the dismissal of a $2.5 billion proposed class action seeking to hold PG&E liable for blackouts allegedly caused by maintenance issues with its electrical grid after the California Supreme Court clarified that state law shields the utility from facing liability during emergency blackouts.

  • January 23, 2024

    Verrill Adds New Energy, Telecom Partner To Boston Office

    Verrill has welcomed Verizon's long-time East region deputy general counsel as a partner in its Boston office, strengthening the firm's energy, telecommunications and natural resources practice group.

  • January 23, 2024

    Ex-Cognizant Exec Says 2nd Bribe Evidence Essential To Defense

    The former legal chief of Cognizant Technology Solutions urged a New Jersey federal judge on Monday to allow evidence of a second alleged bribe of an Indian government official, saying it could help exonerate him and a co-defendant at a trial scheduled this spring.

  • January 23, 2024

    Court Will Rethink Tribes' Claims In Railroad Dispute

    An Idaho federal judge has reinstated two Quiet Title Act claims the Shoshone-Bannock Tribes of the Fort Hall Reservation lodged against the federal government in a dispute over land once used by a railway, agreeing that a Supreme Court ruling requires the reversal of a prior order dismissing the claims.

  • January 22, 2024

    DC Circ. Mulls Enforcing $486M Award Against Djibouti

    The D.C. Circuit spent the better part of an hour Monday morning trying to sort out the intricacies of a dispute between the Republic of Djibouti and a Dubai-based state-owned shipping coordinator over a $486 million arbitral award.

  • January 22, 2024

    Iowa County's CO2 Pipeline Rules Are Preempted, Judge Told

    The developer of a proposed interstate carbon dioxide pipeline has told a federal judge that rules restricting its project passed last week in Palo Alto County, Iowa, are preempted by federal law, as the company pointed to a ruling last month blocking two other local ordinances.

  • January 22, 2024

    World Cup Workers' Abuse Claims Are Misdirected, US Co. Says

    Filipino laborers who claimed they were subjected to abusive work and living conditions while helping build facilities for the 2022 FIFA World Cup in Qatar aimed their ire in the wrong direction, a U.S. construction company told a Colorado federal judge in a bid to dismiss the suit.

  • January 22, 2024

    Utilities Seek To Lower Cost Of FCC Pole Replacement Rule

    Utilities want the Federal Communications Commission to change two aspects of a recent rule aimed at resolving pole attachment disputes to clarify when they have to provide copies of easements and pay to replace outdated poles.

  • January 22, 2024

    FTC Probing Occidental's $12B CrownRock Deal

    The Federal Trade Commission is deepening its investigation into Occidental Petroleum Corporation's $12 billion deal to purchase oil and natural gas company CrownRock, Occidental revealed on Monday.

  • January 22, 2024

    Holland & Knight Brings On Greenspoon Public Finance Pros

    A pair of former Greenspoon Marder LLP public finance attorneys who both have about four decades of experience in their practice area have jumped to Holland & Knight LLP, the firm announced Monday.

Expert Analysis

  • A Case For The Green Investment Regime Under The ECT

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    The EU and U.K.'s potential plans to exit the Energy Charter Treaty, which has been criticized as protecting fossil fuel investments to the detriment of energy transition, ignore the significant strides taken to modernize the treaty and its ability to promote investment in cleaner energy forms, say Amy Frey and Simon Maynard at King & Spalding.

  • Opinion

    Judicial Independence Needs Defense Amid Political Threats

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    Amid recent and historic challenges to the judiciary from political forces, safeguarding judicial independence and maintaining the integrity of the legal system is increasingly urgent, says Robert Peck at the Center for Constitutional Litigation.

  • How Law Firms Can Use Account-Based Marketing Strategies

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    Amid several evolving legal industry trends, account-based marketing can help law firms uncover additional revenue-generating opportunities with existing clients, with key considerations ranging from data analytics to relationship building, say Jennifer Ramsey at stage LLC and consultant Gina Sponzilli.

  • Leveraging Municipal Bonds For Green Energy Finance

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    The U.S.'s transition to renewable energy will require collaboration between public and private capital sources — and that means that lawyers used to working in corporate finance must understand how the municipal bond market functions differently, due to its grounding in the U.S. Constitution, says Ann Fillingham at Dykema.

  • Mitigating Costs And Delays In The Energy Transition

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    Achieving net-zero will require constructing a massive amount of new wind, solar and energy storage infrastructure — and while cost overruns and delays are to be expected, contractors and owners can proactively address these problems in their project documents, say Christopher Ryan and Jesse Sherrett at Shearman.

  • Strategic Succession Planning At Law Firms Is Crucial

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    Senior partners' reluctance to retire, the rise of the nonequity partner tier and generational differences in expectations are all contributing to an increasing number of departures from BigLaw, making it imperative for firms to encourage retirement among senior ranks and provide clearer leadership pathways to junior attorneys, says Laura Leopard at Leopard Solutions.

  • Why All Cos. Should Take Note Of Calif. GHG Disclosure Laws

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    Two recent California laws involving the disclosure of greenhouse gas emissions, as well as the U.S. Securities and Exchange Commission's upcoming final rule, focus on financial services firms' so-called financed emissions, meaning vastly more companies than those directly subject to today's reporting mandates will be required to supply climate-related risk disclosures, says David Smith at Manatt.

  • Calif. Climate Disclosure Bills Promise Challenges For Cos.

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    Two novel climate disclosure bills recently passed by the California Legislature will pose challenges for many businesses — especially private companies that are less familiar with climate-related reporting obligations — and will require investments of significant time and effort in processes, procedures and personnel, say John Rousakis and Chris Bowman at O'Melveny.

  • Maximizing Law Firm Profitability In Uncertain Times

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    As threats of an economic downturn loom, firms can boost profits by embracing the power of bottom-line management and creating an ecosystem where strategic financial oversight and robust timekeeping practices meet evolved client relations, says Shireen Hilal at Maior Strategic Consulting.

  • 5th Circ. Ruling Reminds Attys That CBP Can Search Devices

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    The Fifth Circuit’s recent Malik v. Department of Homeland Security decision adds to the chorus of federal courts holding that border agents don’t need a warrant to search travelers’ electronic devices, so attorneys should consider certain special precautions to secure privileged information when reentering the U.S., says Jennifer Freel at Jackson Walker.

  • Avoiding The Ethical Pitfalls Of Crowdfunded Legal Fees

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    The crowdfunding of legal fees has become increasingly common, providing a new way for people to afford legal services, but attorneys who accept crowdsourced funds must remember several key ethical obligations to mitigate their risks, say Hilary Gerzhoy and Julienne Pasichow at HWG.

  • Energy Trading Cos. Must Review Electronic Comms Policies

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    After recent enforcement actions by U.S. and U.K. regulators against energy trading firms — and with the possibility of action by the Federal Energy Regulatory Commission looming — companies involved in energy markets must take steps to review and strengthen electronic communications protocols, say Tanya Bodell and Christopher Hoyle at StoneTurn.

  • What Large Language Models Mean For Document Review

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    Courts often subject parties using technology assisted review to greater scrutiny than parties conducting linear, manual document review, so parties using large language models for document review should expect even more attention, along with a corresponding need for quality control and validation, say attorneys at Sidley.

  • Series

    Participating In Living History Makes Me A Better Lawyer

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    My role as a baron in a living history group, and my work as volunteer corporate counsel for a book series fan association, has provided me several opportunities to practice in unexpected areas of law — opening doors to experiences that have nurtured invaluable personal and professional skills, says Matthew Parker at the Nebraska Department of Health and Human Services.

  • Opinion

    Private Equity Owners Can Remedy Law Firms' Agency Issues

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    Nonlawyer, private-equity ownership of law firms can benefit shareholders and others vulnerable to governance issues such as disparate interests, and can in turn help resolve agency problems, says Michael Di Gennaro at The Law Practice Exchange.

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