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By Timothy J. Horstmann and Ryan Gonder | February 6, 2024
The Inflation Reduction Act, Public Law 117-168 was signed into law by President Joe Biden on Aug. 16, 2022, but the impact of some of its provisions is just beginning to be felt. Among those are the substantial federal subsidies the act provides for state and local government investments in clean energy projects.
7 minute read
By Alex Anteau | February 5, 2024
Counsel for the state said they do not yet know if they will seek certiorari.
3 minute read
By Greg Andrews | February 2, 2024
The energy giant had sued Arjuna Capital and Follow This last month, saying they were abusing the shareholder-proposal process to try to "shrink" the company.
3 minute read
By Adolfo Pesquera | January 31, 2024
"The agency did the one thing the legislature expressly said it could not do—and that is set prices," said Allyson Ho, counsel for Luminant Energy Co.
4 minute read
By Chris O'Malley | January 25, 2024
Exxon Mobil's mandatory retirement age of 65 forced the oil giant's prior two general counsel into retirement. Will current GC Craig Morford be next when he turns 65 on Feb. 10?
7 minute read
By Colleen Murphy | January 24, 2024
"Defendants agreed with OPEC to constrain production of crude oil worldwide, with the purpose and effect of fixing, raising, and maintaining the price of crude oil in and throughout the United States of America and worldwide," the complaint said. "Defendants are not sovereign nations, and they are not immune to U.S. antitrust law."
4 minute read
Delaware Business Court Insider
By Ellen Bardash | January 11, 2024
"Because settlements of derivative actions are not indemnifiable by the nominal company defendant in Delaware, this would defeat a key function of D&O insurance."
3 minute read
Delaware Business Court Insider
By Ellen Bardash | January 10, 2024
It's the first time Delaware Superior Court Judge Mary M. Johnston has weighed in on the case, which was reassigned to her last year following Abigail LeGrow's appointment to the Delaware Supreme Court.
4 minute read
By Avalon Zoppo | December 20, 2023
U.S. appeals court have uniformly rejected the companies' reference to a federal common law of interstate air pollution.
3 minute read
By Adolfo Pesquera | December 14, 2023
"We told them the other side would be showing only snippets of documents ... that they were trying to use a small flashlight in a dark room," Vinson & Elkins partner Stephanie Noble said. "We wanted to flip the switch and show them the whole room."
4 minute read
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