As a business owner, one of the most important decisions of your business career is the decision to sell your business, and once you make the decision to sell, it can be a long and complicated process. To maximize the
Energy
Texas Business Court Opinions Now Available
Opinions of the new Texas Business Court, a statewide, specialized trial court created to resolve certain complex business disputes, are now available online.
Latest updates on Per- and Polyfluorinated Substances (PFAS) in Europe
European Union
Progress update on the Universal PFAS restriction proposal – The European Chemicals Agency (ECHA), in collaboration with the five national authorities that submitted the PFAS restriction proposal, has issued an update on the progress of the proposal. This…
European Commission Notices Concerning Disclosures on Sustainability
In November 2024, the European Commission published two notices related to sustainability reporting which provide helpful guidance for companies and financial institutions that need to comply with the new sustainability requirements while ensuring that their reporting meets all requirements.
EU…
Master Service Agreement Imposes a Ceiling on Indemnity Obligations
Mr./Ms. Negotiator/scrivener/reviewer of Master Service Agreements: When did you last review your go-to indemnity provision? In light of Century Surety Company v. Colgate Operating LLC., perhaps you should do it now. The court deemed an innocuous-seeming indemnity provision to…
EU CSRD – A Focus on The Recent Transposition in Italy
On September 10, 2024, Legislative Decree No. 125 of September 6, 2024 (the “decree”) was published in the Italian Official Gazette transposing Directive 2022/2464/EU, commonly referred to as the Corporate Sustainability Reporting Directive (CSRD), into Italian law.
The decree replaces…
Supersize Jury Awards and the Challenge of Measuring the Unmeasurable
Multi-million-dollar jury awards, commonly known as nuclear or thermonuclear verdicts, are on the rise in the post-pandemic era. Consequently, practitioners are now more reliant than ever on appellate courts’ review of the legal sufficiency and the potential excessiveness of jury…
U.S. Federal Offshore Wind in 2024: Growth and Growing Pains
In 2021, the Biden Administration set a goal of deploying 30 gigawatts (“GW”) of federal offshore wind projects by 2030, and in 2022, the U.S. Department of the Interior (“DOI”) set an additional goal of deploying 15 GW of floating…
BOEM Announces Comment Period on California Offshore Wind Programmatic Environmental Impact Statement
Despite the uncertainty surrounding the immediate future of the U.S. offshore wind industry after the re-election of Donald Trump, industry participants including the Bureau of Ocean Energy Management (“BOEM”) are cautiously moving forward with development activities.…
FERC Issues Order Expanding Findings Related to Non-Independent Directors and Affiliation
On September 6, 2024, the Federal Energy Regulatory Commission (FERC or Commission) issued an order finding that the presence of a non-independent director, i.e., one who is affiliated with an investor, on the board of directors of a public utility…