Texas, Industry Groups Sue EPA over Finding That Greenhouse Gases Endanger Health

The state of Texas and a number of industry organizations have joined the list of opponents of the Environmental Protection Agency’s finding that greenhouse gas…

U.S. Special Climate Envoy Says U.S. to Keep Emissions Target Even if China, India Fail to Adopt U.N. Accord

The United States will maintain its stated commitment to cut greenhouse gas emissions even if India and China do not sign onto the Copenhagen Accord drafted at the U.N. climate summit…

Obama Announces $8.3 Billion Loan Guarantee for New Nuclear Reactors, Stresses Carbon-Free Aspects

President Obama announced Feb. 16 a federal loan guarantee of $8.3 billion to help finance two nuclear reactors near Augusta, Ga., that are on track to be the first commercial nuclear power plant to…

Three Companies Drop Out of Climate Partnership, Citing Concerns over Legislation

Energy companies BP and ConocoPhillips and equipment manufacturer Caterpillar announced Feb. 16 they would not be renewing their membership in the U.S. Climate Action Partnership, a business group formed to…

Court Temporarily Stays Order for Galleon Insider Trading Defendants to Turn Over Wiretap Evidence to SEC

In a lightning turn of events, the U.S. Court of Appeals for the Second Circuit has temporarily stayed a district court’s decision directing the Galleon defendants to hand over wiretap evidence to the Securities and Exchange Commission…

ANALYSIS: Disclosure Obligations in Private Company Transactions under Delaware Law

Chancery expanded the substantive disclosure obligations of corporations taking action by stockholder written consent (Dubroff) or providing notice of appraisal rights (Pubco). Prior cases had…

Former GOP Senator, Ex-Clinton Chief of Staff Tapped to Head Obama Deficit Commission

Erskine Bowles, a former chief of staff in the Clinton White House, and Alan Simpson, a former Republican senator from Wyoming, will be tapped to head a bipartisan commission to tackle the deficit that President Obama is expected to…

ANALYSIS: IRS Section 409A Audits: Questions, Issues Raised via Information Document Requests

Trucker Huss attorney Mary E. Powell discusses some of the questions being asked by IRS in information document requests sent to employers in the course of Section 409A audits, the issues raised…