Legal Articles: Sutherland Asbill & Brennan LLP

 







Document(s) published by this organization: 993


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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...

 

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...

 

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...

 

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...

 

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...

 

HTMLUSDA Announces Funding for Rural Electric Infrastructure Projects
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 22, 2015, previously published on July 21, 2015
The Secretary of Agriculture announced today that $349 million in funding would be provided for 15 rural electric infrastructure projects. The projects will build or improve almost 2,000 miles of transmission and distribution lines for rural electric cooperatives and utilities in 13 states.

 

HTMLG2 LNG LLC Receives DOE FTA Export Authorization
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 22, 2015, previously published on July 21, 2015
The U.S. Department of Energy issued an order authorizing G2 LNG LLC to export by vessel approximately 672 Bcf/year of LNG over a 30-year term from a proposed liquefaction and export terminal along the Calcasieu Ship Channel in Cameron Parish, La., to nations with a Free Trade Agreement (FTA) with...

 

HTMLHog Wild: In Harley-Davidson, California Court of Appeal Finds Discrimination, Affirms Nexus
Andrew D. Appleby, Michael P. Penza; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 22, 2015, previously published on July 21, 2015
The California Court of Appeal held that California’s disparate treatment of intrastate and interstate unitary businesses discriminated against interstate commerce. California requires taxpayers engaged in a unitary business within and without California to calculate their taxable income...

 

HTMLVolcker Agencies Provide Seeding Period Guidance for BDCs, RICs and FPFs in New FAQ
Brian Barrett, Steven B. Boehm, Harry S. Pangas, John Allen Zumpetta; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 22, 2015, previously published on July 21, 2015
On July 16, 2015, the agencies responsible for implementing the Volcker rule (Agencies) issued FAQ 16, which provides guidance on the circumstances under which a seed investment would not cause (i) a registered investment company (RIC), (ii) a business development company (BDC) that has elected to...

 

HTMLNew Law Doubles the Penalties for Failure to File Correct Tax Information Returns and Provide Payee Statements
Robert S. Chase, Paul R. Lang, Mary E. Monahan, David A. Roby, Vanessa A. Scott; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 21, 2015, previously published on July 20, 2015
On June 29, President Obama signed into law the Trade Preferences Extension Act of 2015. Quietly embedded in Section 806 of this new law is a provision that doubled the cap on penalties, from $1.5 million to $3 million, for failures to file correct tax information returns and provide payee...

 


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