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HTMLSEC’s Proposed SBS Rules on Cross-Border Security-Based Swap Activities
Brian Barrett, James M. Cain, Daphne G. Frydman, David T. McIndoe, Mark D. Sherrill; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
May 25, 2015, previously published on May 22, 2015
When the Securities and Exchange Commission (SEC) adopted final rules in June 2014 on the cross-border activities of security-based swap (SBS) dealers and major SBS participants, the SEC indicated that it would reserve the definition of the phrase “transaction conducted within the United...

 

HTMLArticle Provides Update on ExxonMobil Canada and Imperial Oil Resources LNG Terminal Project
Sutherland Asbill Brennan LLP;
Legal Alert/Article
May 22, 2015, previously published on May 21, 2015
An article in The Northern View provides an update on the proposed WCC LNG Project Ltd. export terminal project, sponsored by ExxonMobil Canada Ltd. and Imperial Oil Resources Limited, at Tuck Inlet, Prince Rupert, British Columbia. According to the report, starting in June, WCC LNG will hold...

 

HTMLArkansas G&T Adds Wind to Portfolio
Sutherland Asbill Brennan LLP;
Legal Alert/Article
May 22, 2015, previously published on May 21, 2015
Arkansas Electric Cooperative Corporation has announced a long-term, sole-recipient agreement with the planned Drift Sand Wind Farm. This 108 megawatt facility is expected to begin commercial operation by December 31, 2016.

 

HTMLDominion Cove Point LNG Files Monthly Progress Report
Sutherland Asbill Brennan LLP;
Legal Alert/Article
May 22, 2015, previously published on May 21, 2015
Dominion Cove Point LNG filed a monthly status and progress report with FERC covering construction activities through April 2015 at its LNG export terminal in Lusby, Md. The report states that engineering is 82% complete, procurement is 75% complete, and construction is 3.5% complete.

 

HTMLCall Answered: Supreme Court to Decide if Offer of Judgment Moots TCPA Class Action and Scope of Gov’t Contractor Liability
Keith J. Barnett, Thomas M. Byrne, Juan C. Garcia, Allegra J. Lawrence-Hardy, Phillip E. Stano; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
May 22, 2015, previously published on May 21, 2015
On May 18, the U.S. Supreme Court granted certiorari in Campbell-Ewald Co. v. Gomez,1 a Telephone Consumer Protection Act (TCPA) class action. The case raises two related questions that are the source of frequent litigation and circuit conflict in class actions: (1) whether a Federal Rule of Civil...

 

HTMLSEC Proposals: Additional Form ADV Reporting, Revised Recordkeeping Rules
Sutherland Asbill Brennan LLP;
Legal Alert/Article
May 22, 2015, previously published on May 21, 2015
On May 20, the SEC proposed additional reporting requirements for advisers on Form ADV that would (1) require advisers to provide additional information, including information about their separately managed account business; (2) incorporate a method for private fund adviser entities operating a...

 

HTMLLNG Limited Raises A$174 Million For Magnolia LNG and Bear Head LNG Projects
Sutherland Asbill Brennan LLP;
Legal Alert/Article
May 21, 2015, previously published on May 20, 2015
Liquefied Natural Gas Limited announced that it has raised A$174 million (before costs) to be applied to the commencement of an “Early Works” program at the proposed 8 million tonnes per annum (mtpa) Magnolia LNG export terminal at Lake Charles, La., and towards pipeline infrastructure...

 

HTMLSEC Open Meeting - Enhanced Information Reporting for Registered Investment Advisers
Sutherland Asbill Brennan LLP;
Legal Alert/Article
May 21, 2015, previously published on May 20, 2015
On May 20, 2015, the U.S. Securities and Exchange Commission (SEC) held an open meeting to consider new forms and rules designed to enhance the information reported by registered investment companies and investment advisers.

 

HTMLBill Passes U.S. House which Promotes Use of U.S. Flag Vessels for LNG Transport
Sutherland Asbill Brennan LLP;
Legal Alert/Article
May 21, 2015, previously published on May 20, 2015
The U.S. House of Representatives has passed the Coast Guard Authorization Act of 2015 (H.R. 1987), which, according to the bill’s co-author Rep. John Garamendi (D-CA), among other things, “direct[s] the Secretary of Transportation to develop guidelines to promote the use of U.S. flag...

 

HTMLB.C. Government Announces Agreement for Petronas LNG Terminal
Sutherland Asbill Brennan LLP;
Legal Alert/Article
May 21, 2015, previously published on May 20, 2015
The Globe and Mail reports that the British Columbia government has signed a project development agreement with Pacific NorthWest LNG (PNW LNG), a joint venture led by Malaysian state oil company Petronas. The agreement provides the steps needed for development of the PNW LNG export terminal on...

 


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