If energy clients want to prevent the re-emergence in its toughest form of a resource extraction disclosure rule — which President Donald Trump killed by signing a resolution this week — they should stress its anti-competitiveness rather than its costs, according to Michael Goldberg, a partner in Baker Botts who represents energy companies.
“With or without this regulation, sophisticated clients with sophisticated law firms are not going to knowingly make improper payments that find their way into government official’s pockets,” Goldberg said.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
