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Texas Lawyer

King & Spalding Secures Path for Client's $75.4M Claim on Polyethylene Plant Project

Texas law does not provide injunctive relief to preclude payment on a letter of credit for contractual disputes, 14th Court of Appeals Justice Frances Bourliot said.
4 minute read

The Recorder

Affeld England & Johnson Secures $138 Million Verdict for Bitcoin Miner in Contract Breach Suit

The unanimous jury verdict was released Thursday following a two-week trial in federal court. Plaintiff Michael Ho, formerly a co-founder and CEO of US Bitcoin Corp. and now chief strategy officer at bitcoin mining company Hut 8 Corp., was represented by David Affeld and Edward Johnson.
3 minute read

The Legal Intelligencer

Blank Rome Adds Energy Partners From Reed Smith in Pittsburgh, Houston

The three-partner team includes former energy and natural resources practice co-chair Ryan Purpura.
4 minute read

Daily Report Online

Federal Lawsuit Alleges Delayed Elections for Ga. PSC Are Unconstitutional

Georgia lawmakers this year added an extra two years to the current terms of commissioners on the all-Republican body. Each will eventually revert to six-year terms.
4 minute read

The Recorder

Tesla Sues Chinese Auto Parts Company Over 'Dangerous' Supercharger Compatibility Claims

Tesla attorneys A. Louis Dorny, Alex Hanna and Aengus Carr argued in a complaint filed Monday that JecoEV markets its "dangerous" Charging Adapter product to drivers who want to charge non-Tesla electric vehicles at Tesla's Supercharger network, which they said is the "largest and most reliable DC fast charging network for electric vehicles in North America."
4 minute read

Corporate Counsel

Ex-BP Legal Chief 'Unretires' to Become GC of Texas Energy Company

After wrapping up his 33-year BP career in December, Eric Nitcher updated his LinkedIn to say, "On to the next role."
2 minute read

Texas Lawyer

Marathon Oil to Pay Largest Ever Penalty for Stationary Source Air Pollutants

Marathon Oil, while denying liability, agreed to a settlement with the Justice Department, paying a $64.5 million civil penalty and investing $177 million to bring company emissions facilities into EPA compliance.
4 minute read

Litigation Daily

Litigators of the Week: A Reset in the Fight Over Nearly $2B in Bonds Issued by Venezuela's National Oil Company

After the New York high court previously ruled that Venezuelan law governs the validity of bonds issued under the Maduro regime, the Second Circuit this week vacated a judgment against Petróleos de Venezuela S.A., a win for affiliated clients represented by Igor Timofeyev of Paul Hastings and Michael Gottlieb of Willkie Farr & Gallagher.
12 minute read

Law.com

7th Circuit Panel Denies CITGO's Appeal Over $31M Pension Underpayments Class Certification, Trial Possible in November

"It really doesn't make any sense, in terms of judicial efficiency, to pause a case for an interlocutory appeal on a summary judgment motion when the trial is going to be completed this year," said Michelle C. Yau, chair of Cohen Milstein's Employee Benefits/ERISA practice. "What they were asking for was trying to fit a square peg in a round hole."
3 minute read

Texas Lawyer

Federal Appeals Court Weighs Fiduciary Rule for Financial Retirement Plans

Two energy companies were joined by 26 GOP attorneys general in opposing an ERISA rule that clarifies climate change and diversity as issues protected by the environment, social and governance factors fiduciaries can consider when preparing retirement funds for clients.
4 minute read

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