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Environmental
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December 08, 2023
Trade Court Says Fish Import Case Belongs In District Court
The U.S. Court of International Trade ruled that it can't hear a Texas importer's allegations that the U.S. illegally blocked fish harvested off Antarctica, finding that claims against the international body regulating those waters belong in district court.
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December 08, 2023
EPA Awards $7M For Remediation Job Training Programs
The U.S. Environmental Protection Agency is steering some $7 million in grants to more than a dozen entities around the country for workforce development programs that will recruit, train and place workers to boost economic opportunities and help remediate and revitalize contaminated brownfield sites.
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December 08, 2023
Nikola Investors Fight Call For Del. SPAC Fraud Suit Toss
Five attorney teams pressed Friday for dismissal of most of the derivative claims in a Delaware Court of Chancery stockholder lawsuit seeking damages from Nikola Corp., its directors, officers and an adviser in the wake of the hydrogen- and battery-powered truck manufacturer's fraud-tainted, $3.3 billion take-public deal.
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December 08, 2023
Sierra Club Handed Loss In NH Coal Plant Permit Dispute
A New Hampshire federal judge has rejected the Sierra Club and Conservation Law Foundation's claims that a power plant on the Merrimack River has repeatedly violated its National Pollution Discharge Elimination System permit with discharges of heated water into the river, holding that the conservation groups failed to show enough proof to support their claims.
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December 08, 2023
Profs Warn Against Feds' Admin. Law Argument At 9th Circ.
A group of 20 law professors urged the Ninth Circuit to avoid conflating injunctions and vacatur in environmental and administrative law cases, after a panel paused a Washington federal judge's order that would have halted summer and winter commercial Chinook salmon troll fishing in southeast Alaska.
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December 08, 2023
Enviro Orgs. To Drop Suit Over Axed Lithium Exploration
The Center for Biological Diversity and Amargosa Conservancy are moving to dismiss their paused suit challenging a temporarily axed lithium exploration project near the Ash Meadows National Wildlife Refuge in southeast Nevada, saying they've struck an agreement with federal agencies to settle the case.
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December 08, 2023
Bankrupt Fruit Grower Cancels Auction With No Proper Bid
Stone fruit producer Prima Wawona decided to cancel the auction scheduled for Friday to sell its assets for its Chapter 11 bankruptcy case, after not receiving any bids that met the requirements under the bidding procedure.
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December 08, 2023
SEC Defends Fraud Allegations Against Texas Oil CEO
The U.S. Securities and Exchange Commission is urging a federal court against throwing out its fraud lawsuit against the CEO of a Texas oil and gas company, arguing they have laid out enough facts about how the executive misled investors to withstand his bid to dismiss the case.
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December 08, 2023
FTC Wants More Info On Chevron's $53B Hess Deal
The Federal Trade Commission has deepened its probe of a second megadeal in the oil and gas industry, asking for more information about Chevron's planned $53 billion purchase of Hess Corp., the companies said Friday.
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December 08, 2023
LyondellBasell, INEOS Cut $700M Deal For Ethylene Oxide Biz
Houston-based LyondellBasell has agreed to sell its ethylene oxide business along with the unit's production facility in Bayport, Texas, to U.K.-based chemical producer INEOS for $700 million, the companies said in statements Friday.
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December 08, 2023
UK Litigation Roundup: Here's What You Missed In London
The past week in London has seen Tesla drive patent proceedings against technology company InterDigital, Genesis band members say That's (not) All in a breach of contract claim against Virgin Records, and betting giant Entain play its hand in a claim over its acquisition of BetCity last year. Here, Law360 looks at these and other new claims in the U.K.
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December 08, 2023
No Shortage Of Action For Energy Deal-Makers In 2023
A fresh wave of oil and gas industry consolidation, stiff macroeconomic headwinds for renewable energy development and the Inflation Reduction Act's growing influence are just some of the highlights of what's been an eventful 2023 for energy sector deal-makers. Here are the transactional trends that stood out to energy attorneys this year, as well as how they expect those trends to carry over into next year.
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December 08, 2023
Carrier Inks $5B Deal To Sell Security Biz To Honeywell
Carrier Global Corp. agreed to sell its security business, Global Access Solutions, to Honeywell at an enterprise value of $4.95 billion, the companies said in separate statements Friday.
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December 07, 2023
Missouri's 'Games' Can't Save Anti-ESG Rules, SIFMA Says
Wall Street's top trade group is accusing Missouri of playing "word games" in an attempt to escape a lawsuit over its allegedly unconstitutional rules requiring investment advisers and broker-dealers to disclose whether they make investment decisions based on a corporation's environmental or social policies.
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December 07, 2023
Biden Executive Order Reforms Tribal Funding Access
President Joe Biden has signed an executive order that will make it easier for tribal nations to access and invest federal funds, giving them greater autonomy over their use of resources.
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December 07, 2023
Crystal Clean To Pay $1.2M To Settle Feds', States' Waste Suit
An Illinois-based environmental services company on Thursday agreed to pay $1.2 million to settle the federal government's, Louisiana's and Indiana's claims that it violated laws governing the management and disposal of solid and hazardous waste.
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December 07, 2023
NM Court Reins In Order On Challenged Oil, Gas Co. Permits
While declining to overturn several challenged oil and gas company permits, a New Mexico appeals court panel struck parts of a state board's order affirming them, in a move environmental group WildEarth Guardians said could help ensure minor sources of ozone precursor emissions are adequately reviewed for contributions to air quality problems.
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December 07, 2023
Mich., Feds Settle With Scrap Metal Recycler On CAA Claims
Michigan and federal officials said they have reached a proposed agreement with R.J. Torching Inc. to settle alleged Clean Air Act violations related to metallic particulate matter emissions from a scrap metal recycling center in Flint, Michigan.
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December 07, 2023
Judge Says Stay Of Bankrupt Union's Appeal Not Her Call
A California bankruptcy judge told an attorney for a bankrupt union Thursday that while she agreed insolvency law did not prevent the group's Ninth Circuit appeal of a National Labor Relations Board decision from going forward, that call is the Ninth Circuit's to make, not hers.
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December 07, 2023
6th Circ. Judge Casts Skeptical Eye On Buy-Local Power Rule
Sixth Circuit judges Thursday grappled with whether to revive energy suppliers' challenge to a "buy or build local" electricity rule in Michigan, with one judge seemingly sympathetic to the energy suppliers' plight and skeptical of the state's position that the rule doesn't harm out-of-state companies.
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December 07, 2023
Kidde-Fenwal Cleared For Ch. 11 Sale Over Objections
Fire suppression system company Kidde-Fenwal Inc. can move forward with its Chapter 11 asset sale process after a Delaware bankruptcy judge overruled objections from a committee of unsecured creditors that asked to delay the timeline until after mediation over liability for injuries allegedly caused by its firefighting foam products.
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December 07, 2023
Pfizer Unit Agrees To Construct Floodplain At Superfund Site
The federal government is urging a New Jersey federal court to greenlight a settlement under which a Pfizer Inc. unit would fund the construction and maintenance of a floodplain, billed as compensation for contamination the company has previously paid $263 million to remediate.
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December 07, 2023
Nantucket Org Urges 1st Circ. To Reject Wind Farm Defense
A Nantucket group pushing to overturn approvals for Vineyard Wind 1 is asking the First Circuit to reject the U.S. Bureau of Ocean Energy Management and the National Marine Fisheries Service's arguments that they took a hard look at the risks the offshore wind project poses to endangered North Atlantic right whales.
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December 07, 2023
EPA Says Florida Water Quality Criteria Outdated, Incomplete
Florida's water quality standards for multiple toxic substances are not protective enough and must be updated to account for new information about the chemicals and how vulnerable people are to exposure, the U.S. Environmental Protection Agency said Thursday.
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December 07, 2023
Deals Rumor Mill: Panera Bread, Neiman Marcus, Hahn & Co.
Panera Bread has filed confidential paperwork for a U.S. IPO that’s expected to happen in 2024, Neiman Marcus rejected the latest takeover offer from Saks Fifth Avenue, and South Korea’s Hahn & Co. may sell its majority stake in a $10 billion shipping business. Here, Law360 breaks down these and other notable deal rumors from the past week.
Expert Analysis
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Series
Performing Music Makes Me A Better Lawyer
The discipline of performing live music has directly and positively influenced my effectiveness as a litigator — serving as a reminder that practice, intuition and team building are all important elements of a successful law practice, says Jeff Wakolbinger at Bryan Cave.
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Green Tech And IP From Obama Through Biden: What's Next?
J. Douglas Miller and Matthew Dills at Shumaker consider how positions on the environment have shifted along with the last three U.S. presidential administrations, how these shifts have affected investment in sustainable green technologies and intellectual property strategies, and how the future might look.
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What US-Canada Critical Minerals Collab Means For Cos.
Recent announcements from U.S. and Canadian officials indicate closer collaboration between the two governments on procurement of critical minerals for electric vehicles and other advanced technology — and companies on both sides of the border may have access to new opportunities as a result, say John Lushetsky, Matthew Simpson and Paul Dickerson at Mintz Levin.
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Breaking Down High Court's New Code Of Conduct
The U.S. Supreme Court recently adopted its first-ever code of conduct, and counsel will need to work closely with clients in navigating its provisions, from gift-giving to recusal bids, say Phillip Gordon and Mateo Forero at Holtzman Vogel.
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High Court's Chevron Review May Be A Crypto Game-Changer
The outcome of the U.S. Supreme Court's review of the Chevron doctrine in its pending Loper v. Raimondo case will potentially usher in a paradigm shift in cryptocurrency regulation, challenging agency authority and raising hopes for a recalibrated approach that favors judicial interpretation, says Sylvia Favretto at Mysten Labs.
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How New Expert Rules Are Already Changing Court Decisions
Though not formally effective until last week, some courts have been relying for several years on amended federal rules clarifying judges’ gatekeeping role, so counsel should be prepared to justify their expert witnesses’ methodologies and expect additional motion practice on expert testimony admissibility, say Colleen Kenney and Daniel Kelly at Sidley.
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IRA Monetization Energizes Clean Power Tax Credit Market
Recent large sales of clean energy production tax credits reflect an environment in which the Inflation Reduction Act's provisions for monetizing such credits via direct transfer — bypassing slow, costly tax equity transactions — offer opportunities for both developers and investors, says Andrew Eastman at Husch Blackwell.
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Opinion
Legal Profession Gender Parity Requires Equal Parental Leave
To truly foster equity in the legal profession and to promote attorney retention, workplaces need to better support all parents, regardless of gender — starting by offering equal and robust parental leave to both birthing and non-birthing parents, says Ali Spindler at Irwin Fritchie.
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Business Takeaways From Biden's Global Labor Rights Memo
President Joe Biden's recent memorandum on protecting worker rights is one of the most expansive statements the administration has made regarding international labor rights policy, and reflects several points of which businesses should take note, including the government’s interest in working with the private sector on these issues and a notable focus on the transition to clean energy, say Tom Plotkin and Pegah Nabili at Covington.
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Superfund Site Reopenings Carry Insured Risk, Opportunity
The U.S. Environmental Protection Agency's reported plans to reopen certain Superfund sites citing the presence of per- and poly-fluoroalkyl substances raise notable liability concerns, but may also present unique opportunities for policyholders under the Comprehensive Environmental Response, Compensation, and Liability Act, say attorneys at Haynes and Boone.
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Legal Lessons From Past World Cups To Keep In Mind For '26
The 2022 World Cup in Qatar and the 2023 Women's World Cup in Australia and New Zealand set new standards for sustainability, human rights and sponsorship — and with those new standards come new challenges for those involved in the planning of the 2026 World Cup in North America, say attorneys at Morgan Lewis.
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New Regs Will Strengthen Voluntary Carbon Offset Market
Voluntary carbon offsets are a vital tool for organizations seeking to achieve net-zero greenhouse gas emissions — and recent efforts by the U.S. Commodity Futures Trading Commission, the U.S. Department of Agriculture, the state of California and others are essential to enhancing the reliability and authenticity of carbon credits, says David Smith at Manatt.
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Series
Writing Thriller Novels Makes Me A Better Lawyer
Authoring several thriller novels has enriched my work by providing a fresh perspective on my privacy practice, expanding my knowledge, and keeping me alert to the next wave of issues in an increasingly complex space — a reminder to all lawyers that extracurricular activities can help sharpen professional instincts, says Reece Hirsch at Morgan Lewis.
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Unpacking Long-Awaited Clean Energy Tax Credit Guidance
Recently proposed Internal Revenue Service regulations provide welcome confirmatory guidance on the application of investment tax credits as reworked by 2022's Inflation Reduction Act, prevailing wage and apprenticeship rules that are largely consistent with market expectations, and broader eligibility criteria that should please the wind power industry in particular, say attorneys at Morgan Lewis.
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What Lawyers Must Know About Calif. State Bar's AI Guidance
Initial recommendations from the State Bar of California regarding use of generative artificial intelligence by lawyers have the potential to become a useful set of guidelines in the industry, covering confidentiality, supervision and training, communications, discrimination and more, say attorneys at Debevoise.