Treasury released proposed rules Wednesday outlining which technologies would qualify for new zero-emission energy tax credits, saying wind, solar and geothermal are among those that would make the cut.
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Treasury Details Which Tech Would Get Clean Energy Credits

By David van den Berg

Treasury released proposed rules Wednesday outlining which technologies would qualify for new zero-emission energy tax credits, saying wind, solar and geothermal are among those that would make the cut.

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PJM Watchdog Challenges FERC's Meeting Roadblock

By Jared Foretek

Monitoring Analytics, the independent market monitor for regional transmission organization PJM Interconnection, is asking the D.C. Circuit to review a Federal Energy Regulatory Commission order from March allowing PJM to keep the monitor out of its liaison committee meetings.

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Wachtell, Kirkland Steer $22.5B ConocoPhillips-Marathon Deal

By Al Barbarino

Wachtell Lipton Rosen & Katz-advised ConocoPhillips has agreed to acquire Marathon Oil, represented by Kirkland & Ellis LLP, in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of debt, the companies said Wednesday. 

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EPA Inspector General Decries Lack Of Funding To Congress

By Madeline Lyskawa

U.S. Environmental Protection Agency Inspector General Sean W. O'Donnell expressed concern over his office's lack of funding in a report to Congress on Wednesday, saying the 2024 budget is lower than it was 13 years ago, despite increased oversight responsibilities and personnel costs.

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OIL AND GAS

Colombian Court Affirms Fossil Fuel Tax Break Must Stay

By Kevin Pinner

The Constitutional Court of Colombia affirmed its decision to strike down a law denying fossil fuel companies the ability to offset corporate income tax liabilities with deductions for royalty payments despite a severe impact to public finances, the country's president said.

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UTILITIES AND POWER

IBEW Local Wins Benefits Dispute With Power Plant Operator

By Emily Brill

A New York federal judge preserved a win for an International Brotherhood of Electrical Workers local Wednesday in a dispute with a power plant operator over who qualifies for a supplemental retirement benefit at the company, deeming the arbitrator's award reasonable.

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ELECTRIC VEHICLES

Bankrupt EV Charger Co. Execs Hid Liquidity Woes, Suit Says

By Emilie Ruscoe

Three current and former executives of bankrupt electric-vehicle charging infrastructure company Charge Enterprises Inc. face an investor's proposed class action claiming the executives concealed a liquidity crisis involving the company's founder and his investment advisory firm that allegedly precipitated Charge's bankruptcy.

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Chancery Pins Down Musk, Tesla On Pay Bid, Del. Jurisdiction

By Jeff Montgomery

Delaware's chancellor has nailed Elon Musk, Tesla Inc. and their counsel to assurances that the company won't flee state corporate law jurisdiction and a potentially massive stockholder attorney fee dispute by rushing votes on a struck-down, $56 billion compensation plan for Musk and proposed reincorporation in Texas.

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MINING

Tribe Says Mining Co. Can't Protect 500 Docs In Land Suit

By Joyce Hanson

A Native American tribe has asked a Minnesota federal court to ignore a mining company's objections to a magistrate judge's order compelling it to produce nearly 500 documents related to a land exchange dispute, arguing that it failed to establish attorney-client privilege claims.

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PEOPLE

Womble Bond Adds Veteran Energy Transaction Atty In Mass.

By Christine DeRosa

An experienced corporate transactional attorney has moved stateside from Thailand to join Womble Bond Dickinson in Boston.

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Sidley Brings On Akin's Oil And Gas Leader In Houston

By Lynn LaRowe

Sidley Austin LLP has fortified its energy, transportation and infrastructure group with a partner in Houston who previously led the U.S. oil and gas practice at Akin Gump Strauss Hauer & Feld LLP.

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EXPERT ANALYSIS

Key Insurance Considerations After $725M Benzene Verdict

The recent massive benzene verdict in Gill v. Exxon Mobil will certainly trigger insurance questions — and likely a new wave of benzene suits — so potential defendants should study Radiator Specialty v. Arrowood Indemnity, the only state high court decision regarding benzene claim coverage, says Jonathan Hardin at Perkins Coie.

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Series

Playing Music Makes Me A Better Lawyer

My deep and passionate involvement in playing, writing and producing music equipped me with skills — like creativity, improvisation and problem-solving — that contribute to the success of my legal career, says attorney Kenneth Greene.

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LEGAL INDUSTRY

More Law Firms Are Relocating, Signing New Leases In 2024

By Dorothy Atkins

More law firms have relocated or renewed their office leases in the first quarter of 2024 than during the same period over the last four years, continuing a post-pandemic trend that began late last year as more firms made moves, according to a recent report by real-estate services company Savills.

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Greenberg Traurig Gets 30-Year Tax Break From Saudi Arabia

By Tracey Read

Greenberg Traurig LLP is among the first law firms to get licensed as a regional headquarters, or RHQ, company in Saudi Arabia, allowing the firm to take advantage of a major tax break, the firm announced Tuesday.

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From Virtual Roots, Husch Blackwell To Grow Nashville Office

By Aebra Coe

After hiring eight attorneys based in Nashville, Tennessee, through its fully remote Link office over the past year, Husch Blackwell announced plans Wednesday to open a brick-and-mortar location in the city, to be led by intellectual property partner Tim Capria.

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Alito Won't Recuse From Jan. 6 Cases Over Flag Controversy

By Katie Buehler

U.S. Supreme Court Justice Samuel Alito announced Wednesday that he will not recuse himself from deciding cases related to the Jan. 6, 2021, riot at the U.S. Capitol or former President Donald Trump's criminal immunity following reports that two flags used by protesters of Trump's 2020 election loss were flown outside his houses.

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NY Jury Eyes Trump Tower 'Conspiracy' As Deliberations Start

By Frank G. Runyeon, Rachel Scharf and Stewart Bishop

Jurors in Donald Trump's criminal hush money trial ended their first day of deliberations Wednesday without a verdict, as the panel appeared to home in on testimony about a key 2015 meeting where the alleged scheme was hatched.

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Coverage Recap: Day 1 Of Deliberations In Trump's NY Trial

By Stewart Bishop

Law360 reporters are providing live updates from the Manhattan criminal courthouse as Donald Trump goes on trial for allegedly falsifying business records related to hush money payments ahead of the 2016 election. Here's a recap from the first day of deliberations Wednesday.

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Colo. Suspends Ex-Trump Atty For Aiding Ga. Election Lies

By Thy Vo

A Colorado disciplinary judge has suspended Jenna Lynn Ellis from practicing law in the state for three years over her guilty plea in a Georgia election interference case, after the former attorney and legal adviser to Donald Trump disavowed her actions in a letter that admitted, "I was wrong."

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Menendez Trial Judge Sticks With Order Barring Texts

By Carla Baranauckas

The federal judge presiding over the corruption trial of U.S. Sen. Robert Menendez announced Wednesday that he is holding firm to his decision barring prosecutors from using text messages to bolster their claims that the New Jersey Democrat took bribes in exchange for authorizing millions of dollars in aid for Egypt.

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Wash. Man Charged With Threatening To Kill Judge

By Madison Arnold

A Washington man is charged with intimidating a judge on allegations he threatened to kill Asotin County Superior Court Judge Brooke Burns, as well as her dog, Motley, after she oversaw his guilty plea to charges alleging he made threats to shoot up an elementary school and a county fair parade.

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Quinn Emanuel Atty Ducks Sanctions Over Musk Deposition

By Jake Maher

Quinn Emanuel Urquhart & Sullivan LLP partner Alex Spiro beat an attempt to sanction him for alleged "astonishingly unprofessional" conduct at a deposition while defending billionaire and investor Elon Musk from a defamation suit in Texas state court, but the suit survived a motion to dismiss, according to an order signed Wednesday.

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Interview

6 Questions For FCC Commissioner Anna Gomez

By Christopher Cole

A year after she was nominated for the Federal Communications Commission's third Democratic seat, Anna Gomez says she's steadily progressing toward goals tied to connectivity, innovation, public safety and media localism in what she calls the "best job I've had in my career."

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Interview

Acting Boston US Atty Says Fraud Cases Still High Priority

By Julie Manganis

Prosecuting a range of fraud cases despite finite resources will remain a priority for Massachusetts acting U.S. Attorney Joshua Levy as he enters his second year in the job, he told reporters on Wednesday in a question and answer session at his office.

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Meta's Policy On Threats List 'Sounds Nefarious,' Judge Says

By Dorothy Atkins

The California federal judge overseeing claims Meta blacklists certain adult performers questioned the social media giant's practice of keeping its list of dangerous organizations and individuals as a "living document" that changes constantly and isn't archived, saying the policy appears to destroy evidence and "sounds nefarious."

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Whistleblower Counsel Can't Get 'Exorbitant' $11.5M Fee

By Brian Dowling

A Boston federal judge slashed an "exorbitant" $11.5 million fee request made by counsel for a False Claims Act whistleblower in a case involving lab testing company Fresenius Medical Care, hammering the attorneys for inflated hourly rates, inflated time entries and a host of questionable billing practices.

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COMPANIES IN TODAY'S NEWS

Amazon.com Inc.

Arena Investors LP

Arrowpoint Capital

Brandeis University

Charge Enterprises Inc.

Chesapeake Energy Corp.

Chevron Corp.

ConocoPhillips Co.

Delaware State Bar Association

Diamondback Energy Inc.

Dynegy Inc.

Exxon Mobil Corp.

Fresenius Medical Care AG & Co. KGAA

Glencore PLC

Google LLC

Instagram Inc.

International Bar Association

International Brotherhood of Electrical Workers

Johnson Rice & Co. LLC

LinkedIn Corp.

Marathon Oil Corp.

Mayo Foundation for Medical Education and Research

Morgan Stanley

Occidental Petroleum Corp.

PJM Interconnection LLC

Pioneer Natural Resources Co.

PolyMet Mining Corp.

Savills Inc.

States United Democracy Center

Teck Resources Ltd.

Tesla Inc.

Twitter Inc.

LAW FIRMS IN TODAY'S NEWS

Akin Gump

Andrews & Springer

Ashby & Geddes

Baker Donelson

Barnes & Thornburg

Bass Berry

Bernstein Litowitz

Bracewell LLP

Bradley Arant

Buchalter APC

Cravath Swaine

DLA Piper

Dentons

Dewsnup King

Dowd Bennett

Durrell Law Group

Farrar & Ball

Finnegan

Fried Frank

Friedman Oster

Gibbons PC

Gibson Dunn

Greenberg Traurig

Greene Espel

Hogan Lovells

Holland & Knight

Husch Blackwell

Jackson Lewis PC

Jones Day

King & Spalding

Kirkland & Ellis

Lehman Lee

Manatt Phelps

Milberg Coleman

Mishcon de Reya

Morris Nichols

NechelesLaw

Parsons Behle

Paul Hastings

Paul Weiss

Perkins Coie

Quinn Emanuel

Richards Layton

Richilano Shea

Rolnick Kramer

Ropes & Gray

Ross Aronstam

Shackelford Bowen

Shaw Perelson

Sidley Austin

Sonosky Chambers

Spencer Fane

Sullivan & Cromwell

Tilleke & Gibbins

Venable LLP

Wachtell Lipton

Wiley Rein

Womble Bond

de Castro PC

GOVERNMENT AGENCIES IN TODAY'S NEWS

Centers for Disease Control and Prevention

Colorado Supreme Court

Council of Inspectors General on Integrity and Efficiency

Delaware Court of Chancery

Federal Bureau of Investigation

Federal Communications Commission

Federal Energy Regulatory Commission

Federal Trade Commission

Fond du Lac Band of Lake Superior Chippewa

Manhattan District Attorney's Office

Marin County, California

National Telecommunications and Information Administration

Occupational Safety and Health Administration

U.S. Attorney's Office for the District of Massachusetts

U.S. Attorney's Office for the Southern District of New York

U.S. Chemical Safety and Hazard Investigation Board

U.S. Court of Appeals for the District of Columbia Circuit

U.S. Department of Commerce

U.S. Department of Energy

U.S. Department of Justice

U.S. Department of State

U.S. Department of the Treasury

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of Minnesota

U.S. District Court for the Northern District of California

U.S. District Court for the Southern District of New York

U.S. Environmental Protection Agency

U.S. House of Representatives

U.S. Senate

U.S. Supreme Court

Washington Attorney General's Office

West Virginia Public Service Commission