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Challengers to FERC's Storage Order File Briefs with the D.C. Circuit

November 14, 2019

On November 6th, the last of three challengers to the Federal Energy Regulatory Commission’s (“FERC’s” or “Commission’s”) Storage Order, Orders No. 841 and 841, filed briefs with the D.C. Circuit seeking to vacate the Commission’s determination that states may not...

GREEN Act Update

November 19, 2019

FERC Proposes Significant Reforms to its QF Regulations

September 25, 2019

On September 19, 2019, the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued a Notice of Proposed Rulemaking (“NOPR”) proposing significant changes to FERC’s regulations governing qualifying facilities (“QFs”) pursuant to the Public Utility Regulatory Policies Act of 1978, as amended (“PURPA”)...

The end of LIBOR: The search for a new benchmark interest rate for Project Agreements

August 22, 2019
Energy Legal Blog

Often referred to as “the world’s most important number”, the London Interbank Offered Rate (LIBOR) is used as the reference interest rate for a range of commercial and financial contracts worth hundreds of trillions of dollars globally...

Revlon in Review

January 31, 2016

In March 1986, the Supreme Court of Delaware issued its landmark opinion in Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., 506 A.2d 173 (Del. 1986) (“Revlon”), enunciating the duty of directors of a Delaware corporation to seek the highest price for the corporation’s stockholders...