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HTMLNAIC Working Group Exposes Revisions to Incorporate Cybersecurity Considerations into Financial Conditions Examiners Handbook
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 27, 2015, previously published on July 24, 2015
In an effort to set cybersecurity readiness standards for the insurance industry, the National Association of Insurance Commissioners (NAIC) IT Examination (E) Working Group (“Working Group”) has exposed revisions to incorporate Cybersecurity Considerations...

 

HTMLArizona Appeals Court Allows Utility to Burn Trash for Renewable Energy
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 27, 2015, previously published on July 24, 2015
Despite resistance from the Sierra Club, the Arizona Court of Appeals ruled to allow the Mohave Electric Cooperative (“Mohave”) to burn trash for renewable energy, acknowledging the Arizona Corporation Commission’s (the “Commission”) constitutional authority to...

 

HTMLUpdate on NAIC and State Regulatory Activity on “Price Optimization”
Eric A. Arnold, Thomas W. Curvin, Stephen E. Roth, Cynthia R. Shoss, Phillip E. Stano; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 24, 2015, previously published on July 23, 2015
Regulatory activity on price optimization appears to be coming to a head. The National Association of Insurance Commissioners (NAIC) Casualty Actuarial and Statistical (C) Task Force is continuing to gather input, with all roads leading toward a significant discussion of the issue at the upcoming...

 

HTMLNew Energy Bill Includes Provision to Speed-up- Non FTA LNG Exports
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 24, 2015, previously published on July 23, 2015
The Energy Policy Modernization Act of 2015, introduced yesterday by U.S. Senators Murkowski (R-AK) and Maria Cantwell (D-WA), includes a provision at Section 2201 “requiring the Secretary of Energy to issue a final decision, approving or disapproving, any application to export natural gas to...

 

HTMLMagnolia LNG and Meridian LNG Sign Capacity Agreement
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 24, 2015, previously published on July 23, 2015
Magnolia LNG, LLC announced that it has signed a liquefaction tolling agreement (LTA) with Meridian LNG Holdings Corp (Meridian LNG) for firm capacity rights for up to 2 million tonnes per annum at Magnolia LNG’s proposed liquefaction and LNG export terminal at Lake Charles, La. Under the...

 

HTMLCall (Un) Answered (the Second Ring): FCC Issues Sweeping Package of Declaratory Ruling on TCPA Petitions
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 23, 2015, previously published on July 22, 2014
In some of its most comprehensive guidance published in years, resolving more than 20 petitions requesting clarification of the Telephone Consumer Protection Act (TCPA), the Federal Communications Commission (FCC) on July 10 published a 138-page Declaratory Ruling and Order. Given the opportunity...

 

HTMLKentucky PSC Approves Big Rivers Sales into Nebraska
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 23, 2015, previously published on July 22, 2015
The Kentucky Public Service Commission (KPSC) has approved a plan allowing Big Rivers Electric Corp. (Big Rivers) to sell wholesale power to customers in the State of Nebraska. The settlement provides that, under certain conditions, the profits from these sales would be contributed to funds being...

 

HTMLB. C. Passes Legislation Allowing LNG Project Agreements
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 23, 2015, previously published on July 22, 2015
Yesterday, the British Columbia (B.C.) legislature passed Bill 30, the Liquefied Natural Gas Project Agreements Act, which provides legislative authority for the B.C. government to enter into LNG project agreements. The act has also received Royal Assent. Bill 30 allows for the ratification of...

 

HTMLMinnesota Electric Cooperative to Install Solar on Municipal Building
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 23, 2015, previously published on July 22, 2015
In a deal being billed as the first of its kind, Wright-Hennepin Electric Cooperative Association (Wright-Hennepin) has reached an agreement with the city of Rockford whereby Wright-Hennepin will install solar panels on two separate sites owned by the city. Wright-Hennepin will not be responsible...

 

HTMLIRS Establishes 80% Threshold for Energy Companies to Apply When Determining Whether “Substantially All” of a Major Component Has Been Replaced
Herbert N. Beller, Ellen McElroy, Michael D. Resnick, Meghana D. Shah, H. Karl Zeswitz; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 23, 2015, previously published on July 23, 2015
On July 6, the Internal Revenue Service (IRS) Large Business and International Division issued a Directive1 to IRS agents regarding how to determine when a major component pertaining to steam or electric generation property has been replaced for purposes of the tangible property regulations. Agents...

 


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