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Law.com

BP Says Subsidiary Will Go Broke if Spill Fine Tops $2.3B

BP PLC for the first time has identified in court papers the amount its subsidiary should pay in civil fines for its role in the Deepwater Horizon spill, claiming that anything more than $2.3 billion could result in insolvency.
3 minute read

Texas Lawyer

Smitherman Joining Firm With Powerful Energy Practice

Barry Smitherman, former chairman of the Texas Railroad Commission and the Public Utilities Commission of Texas, will join Vinson & Elkins' Austin office on April 1.
2 minute read

Corporate Counsel

US Business Opportunities in China's Clean Energy Sector

Companies that play it smart will be well positioned to leverage recent political developments and China's demand for low-cost renewable energy technologies into safe, lucrative and long-term business opportunities.
6 minute read

Texas Lawyer

Mansfield Passes New Fracking Rules Without Expanding Setbacks

Despite the push from some local advocacy groups to greatly enlarge setbacks between fracking operations and residences in the city of Mansfield, Texas, the city council recently voted unanimously to keep the current 600-foot setbacks.
3 minute read

The Legal Intelligencer

The Budget, New Regulations and the Fear of Fracking

The first 10 days of March were interesting for those who attempt to divine regulatory priorities or enforcement strategies from environmental policy pronouncements.
8 minute read

Texas Lawyer

Gray Reed Hires Five Lateral Litigators From Beirne, Maynard

Gray, Reed & McGraw hired a five-lawyer group, led by Darin Brooks.
2 minute read

Texas Lawyer

Oil Prices Down, Trade Secret Disputes Up

Texas has a number of statutes that companies can deploy to protect their trade secrets. Put an action plan in gear now. A trade secret once lost is lost forever.
5 minute read

Texas Lawyer

Houston Lawyer Too Busy for Arbitration Sued

Fred Hagans said his energy company client sued Daniel Woods and his law firm after they dropped it as a client a week before an arbitration hearing, which led to a $3.8 million being levied against it.
3 minute read

Texas Lawyer

Bills: Promoting Green Fracking Through Tax Credits

Two Texas House bills were recently introduced that offer tax credits on a per-well basis for oil and gas drillers that use alternative fracking fluids instead of freshwater during fracking operations.
4 minute read

Texas Lawyer

New Federal Fracking Rules Spark Litigation

Two oil and gas industry groups wasted no time digging in and suing the federal government over its new effort to regulate hydraulic fracturing on public and American Indian lands.
3 minute read

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