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Energy
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April 21, 2023
Oil Co. Ex-CEO To Pay $2.5M For Revenue-Pumping Scheme
A New York federal court on Friday ordered a former Texas oilfield executive to pay roughly $2.5 million for his role in a scheme to fraudulently pump up company revenue, entering final judgment in a civil suit brought by the U.S. Securities and Exchange Commission.
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April 21, 2023
Arbitration Assoc. Says It's Immune From Oil Co.'s Suit
The American Arbitration Association says an oil and gas company can't sue over its mere dissatisfaction with dismissed arbitration proceedings, telling a Colorado federal judge the organization is immune from civil liability claims.
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April 21, 2023
Shareholders Urge Chancery To Keep Hyzon SPAC Suit Alive
An attorney for stockholders who challenged a $2.1 billion take public deal for hydrogen fuel vehicle maker Hyzon Motors Inc. in 2021 told a Delaware vice chancellor on Friday that Chancery Court has already rejected some of the company's defenses in similar cases.
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April 21, 2023
DC Circ. Says ND Can Intervene In Tribal Riverbed Row
The D.C. Circuit revived North Dakota's request to jump into the U.S. Department of the Interior's dispute with a Native American tribe concerning the profits from mineral deposits found under the Missouri River, after determining that the riverbed's ownership remains indefinite.
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April 21, 2023
What To Know About Biden's Enviro Justice Executive Order
President Joe Biden's new executive order on environmental justice could provide more muscular leadership from the White House on the issue and foster closer communication and more consistent policies across federal agencies.
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April 21, 2023
Energy Co. EnVen's Kickback Suit Must Go To Chancery Trial
The co-founder and former president of EnVen Energy Corp. must go to trial over allegations that he colluded with one of the energy company's former pipeline vendors on a kickback scheme to benefit his father, a Delaware judge said Friday.
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April 21, 2023
NJ Court Can't Reinstate Jobs For Exxon Whistleblowers
A New Jersey federal judge declined to enforce the Occupational Safety and Health Administration's preliminary order to restore the jobs of two former ExxonMobil analysts while the agency continues evaluating their whistleblower claims, reasoning that it only has jurisdiction over final orders.
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April 21, 2023
Kirkland-Led Ares Acquisition's Upsized IPO Raises $450M
Special-purpose acquisition company Ares Acquisition Corp. II began trading Friday after raising $450 million through an upsized initial public offering, marking the largest SPAC listing this year, advised by Kirkland & Ellis LLP and underwriters counsel Ropes & Gray LLP.
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April 21, 2023
Navajo Damage Claims Not Physical Repair, Judge Rules
The Navajo Nation's tort damage claims against federal contractors for their alleged role in the 2015 Gold King Mine blowout don't include physical repair of the affected river or land, a New Mexico federal judge has ruled, ordering the tribe to identify the legal theories grounding its request for $81 million in restorative damages.
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April 21, 2023
Oil Trader Sues Liberty Mutual For Contamination Damage
Houston-based oil and gas trader Grey Rock Gathering and Marketing LLC hit Liberty Mutual Insurance Co. with a breach of contract suit on Friday for failing to cover damage related to a contaminated oil shipment.
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April 21, 2023
Beleaguered SPAC Industry Seeks Warmer Waters Offshore
More special purpose acquisition companies are incorporating offshore, a trend that legal advisers expect will accelerate as these funding vehicles seek more favorable climates following setbacks in Delaware courts and the opportunity to potentially reduce tax bills.
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April 21, 2023
Texas Court Nixes $2.8M Tax Refund On $390M Oil, Gas Gains
A Texas oil and gas corporation was responsible for state taxes on the capital gains from the sales of leasehold interests for more than $390 million, a Texas appeals court said Friday, upholding a trial court's denial of a $2.75 million refund.
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April 21, 2023
Pa. Judge Trims Cross-Claims In Arconic Trade Secrets Row
A Pennsylvania federal judge has wiped out several counterclaims in metal manufacturer Arconic's trade secrets feud with rival Novelis over an aluminum treatment process previously used for Ford F-150 truck parts, partly finding that Novelis' claim of patent misuse is not of "practical help."
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April 21, 2023
Exelon Fights Bid For PR Strategy Docs In Stock Fraud Suit
Exelon is fighting a bid by investors to force the energy company to turn over roughly 900 documents relating to its work with a public relations firm in the wake of an investigation into its subsidiary's bribery of former House Speaker Michael Madigan, denying it waived attorney-client privilege over the communications.
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April 21, 2023
DOE Says Sierra Club Can't Fight Gas Terminals' Exports
The U.S. Department of Energy pushed the D.C. Circuit to reject the Sierra Club's challenge of its approval of additional exports from two liquefied natural gas export terminals on the Gulf Coast, arguing that the group had plenty of time to object to the decision earlier and chose not to.
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April 21, 2023
Spain Escapes Sanctions In €42M Award Fight
The Kingdom of Spain has escaped a sanctions bid from a green energy investor that claimed the nation requested an anti-suit injunction from a court in Luxembourg and violated a District of Columbia federal judge's orders in a suit over enforcement of an arbitral award.
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April 21, 2023
2nd Circ. Affirms US Steel Win In Contract Fight
A Second Circuit panel affirmed a lower court win for U.S. Steel Corp. on Friday, rejecting Yookel Inc.'s claims that the steel company tricked it into buying property at an industrial complex by not disclosing it would be subject to "demurrage fees" imposed by a rail company.
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April 21, 2023
UK Litigation Roundup: Here's What You Missed In London
The past week in London has seen renowned range cooker brand AGA produce an intellectual property claim against rival oven company UK Innovations, petrol giant Shell get sued by UK oil company Premier Oil, and drinks maker Bundaberg lift the lid on a cargo claim against Arbour Shipping. Here, Law360 looks at these and other new claims in the U.K.
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April 21, 2023
Baker Botts Hires Energy Finance Pro From Norton Rose
Baker Botts LLP has hired a specialist in energy deal financing from Norton Rose Fulbright as a partner in the firm's London corporate department as the move toward sustainable energy continues.
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April 20, 2023
Ghanaian Eni Unit Fights Stay Bid In Baker Hughes Oil Fight
Italian oil giant Eni's Ghanaian unit urged a Texas federal court not to stay its case seeking to compel British oil services company Baker Hughes to hand over records pertinent to a dispute over an oil discovery in courts abroad, slamming the stay as "baseless" and "highly prejudicial."
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April 20, 2023
Congress Takes 1st Steps Toward Defying Biden On Trade
The House Ways and Means Committee voted against President Joe Biden's moratorium on new solar product tariffs Thursday, and experts are watching the legislation's progress as a potential indicator of more congressional trade policing to come.
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April 20, 2023
Anschutz Urges 9th Circ. To Scrap Ruling Vacating Its Leases
Colorado-based Anschutz Exploration Corp. is urging the Ninth Circuit to reverse a lower court decision that revoked its oil and gas leases, arguing it was a required party in the case but not adequately represented, contrary to environmental groups' assertions.
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April 20, 2023
Ex-SEC Officials Back FirstEnergy's Bid To Overturn Class
Former U.S. Securities and Exchange Commission officials are among those calling for the Sixth Circuit to decertify a class of FirstEnergy Corp. investors who say they were harmed in the company's alleged bribery of Ohio officials, arguing on Thursday that allowing certification to stand would make it much easier for shareholders to claim class status.
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April 20, 2023
Sunnova Sues Vision Solar Over $670K In Unpaid Bills
Houston-based Sunnova Energy Corp. claims in a new breach of contract complaint that Vision Solar LLC has failed to pay $670,000 for solar panel equipment.
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April 20, 2023
DOJ, EPA Reach $9.2 Million Settlement With Gas Operators
The U.S. Department of Justice and the U.S. Environmental Protection Agency put forward three proposed settlements Thursday in Utah and Colorado federal courts for a combined $9.25 million to resolve allegations that natural gas processors violated federal and state air pollution laws by failing to monitor leaks.
Expert Analysis
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Opinion
8th Circ. Judge Is Right — Climate Suits Should Be Federal
While the Eighth Circuit recently ruled that Minnesota v. American Petroleum Institute, a climate change lawsuit, belongs in state court, a concurring opinion from one judge on the panel offers a convincing argument that questions involving alleged climate liability can only be resolved at the federal level, says former Maine Attorney General Andrew Ketterer.
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Opinion
It's Time For Lawyers To Stand Up For Climate Justice
The anniversary this week of the Deepwater Horizon disaster offers an opportunity for attorneys to embrace the practice of just transition lawyering — leveraging our skills to support communities on the front lines of climate change and environmental catastrophe as they pursue rebuilding and transformation, says Amy Laura Cahn at Taproot Earth.
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Don't Forget Alumni Engagement When Merging Law Firms
Neglecting law firm alumni programs after a merger can sever the deep connections attorneys have with their former firms, but by combining good data management and creating new opportunities to reconnect, firms can make every member in their expanded network of colleagues feel valued, say Clare Roath and Erin Warner at Troutman Pepper.
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Mexican Reform Bill Threatens Private Sector Investments
Following the announcement of an extensive and potentially problematic Mexican reform proposal that targets 23 laws, which could considerably affect the private sector and lead to increased arbitration proceedings, businesses and investors in Mexico should prepare for a likely changing legal landscape, say attorneys at Mayer Brown.
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Biden Admin. Proposals Both Encourage And Thwart EV Adoption
While the Biden administration has been aggressively focused on promoting electric vehicles from the start, its recently issued guidance on EV tax credits and its restrictive new auto emissions proposal create a sense of implementation whiplash that may frustrate manufacturers and consumers, says Levi McAllister at Morgan Lewis.
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Without Stronger Due Diligence, Attys Risk AML Regulation
Amid increasing pressure to mitigate money laundering and terrorism financing risks in gatekeeper professions, the legal industry will need to clarify and strengthen existing client due diligence measures — or risk the federal regulation attorneys have long sought to avoid, says Jeremy Glicksman at the Nassau County District Attorney’s Office.
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5th Circ. Offers Expert Opinion Guidance For Insurance Cases
A recent Fifth Circuit decision in Majestic Oil v. Lloyd's of London provides insight into how Texas' concurrent causation doctrine could affect insurance cases where the cause of damage is at issue, and raises considerations for litigants faced with new or revised expert reports after the deadline has passed, say Brian Scarbrough and Cianan Lesley at Jenner & Block.
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Every Lawyer Can Act To Prevent Peer Suicide
Members of the legal industry can help prevent suicide among their colleagues, and better protect their own mental health, by learning the predictors and symptoms of depression among attorneys and knowing when and how to get practical aid to peers in crisis, says Joan Bibelhausen at Minnesota Lawyers Concerned for Lawyers.
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A Texas Gas Contract Case May Be Redefining Force Majeure
A Texas federal court's recent ruling in Mieco v. Pioneer Natural Resources USA diminishes the strength of force majeure provisions in industry-standard gas contracts — so parties may want to revise their agreements to address this issue in advance of disputes caused by future scarcity events, say attorneys at Eversheds Sutherland.
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Building On Successful Judicial Assignment Reform In Texas
Prompt action by the Judicial Conference could curtail judge shopping and improve the efficiency and procedural fairness of the federal courts by implementing random districtwide assignment of cases, which has recently proven successful in Texas patent litigation, says Dabney Carr at Troutman Pepper.
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Rebuttal
Climate Change And Discount Rates: A Broader Perspective
Recent Law360 guest articles have suggested different methods for determining the ideal discount rate for natural resource damage assessments — but consideration of dynamic situations like climate change requires an analysis that balances near-term investments against irreversible future damage to ecosystems, says Charles Cicchetti at Cicchetti Associates.
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Opinion
Now Is The Time For Independent Industry Self-Regulation
The high level of trust in business, coupled with the current political and legal landscape, provides an opportunity for companies to play a meaningful role in finding solutions to public policy issues through the exploration of independent industry self-regulation models, says Eric Reicin at BBB National Programs.
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Renewable Energy M&A Is Still Strong, Despite Challenges
The recent history of renewable energy has included ongoing supply chain issues, legislative challenges and rising interest rates — but mergers and acquisitions in the sector are expected to remain robust this year, fueled by growing demand and Inflation Reduction Act incentives, say consultants at FTI Consulting.
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Do Videoconferences Establish Jurisdiction With Defendants?
What it means to have minimum contacts in a foreign jurisdiction is changing as people become more accustomed to meeting via video, and defendants’ participation in videoconferencing may be used as a sword or a shield in courts’ personal jurisdiction analysis, says Patrick Hickey at Moye White.
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Issues And Opportunities In Hydrogen Fuel Cell Development
A variety of tax incentives, funding opportunities and state programs have the potential to provide value across the hydrogen fuel cell business chain and alleviate existing hurdles, establishing a stronger business case for the continued development of hydrogen infrastructure, says Pamela Wu at Morgan Lewis.

