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HTMLVeresen Still Looking for First Customer for Jordan Cove LNG Export Terminal
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 14, 2016, previously published on March 11, 2016
Financial Post reports that executives from Veresen Inc., sponsor of the proposed Jordan Cove Energy Project LNG export terminal at Coos Bay, Ore., recently stated that the company is still looking to sign up its first customer for the LNG supplies to be produced and exported at the terminal.

 

HTMLFERC Denies Jordan Cove Energy Project’s Application to Construct LNG Export Terminal
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 14, 2016, previously published on March 11, 2016
Today, FERC issued an order denying Jordan Cove Energy Project’s application to construct an LNG export terminal at Coos Bay, Ore. and Pacific Connector Gas Pipeline’s application to construct an interconnected pipeline. Regarding the interconnected pipeline, FERC found that...

 

Adobe PDFNew York State Division of Tax Appeals Addresses Unauthorized Insurance Company Taxation
Michele Borens, Jonathan A. Feldman, Jeffrey A. Friedman, Todd A. Lard, Carley A. Roberts; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
March 11, 2016, previously published on March 11, 2016
A New York State Division of Tax Appeals administrative law judge (ALJ) issued three determinations addressing the tax implications for unauthorized insurance companies, both life and non-life.1 Significant uncertainty has surrounded New York State’s taxation of unauthorized insurance...

 

HTMLPetronas Releases Statement on Pacific NorthWest LNG Export Project
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 10, 2016, previously published on March 9, 2016
Malaysian state oil company Petronas, primary sponsor of the proposed Pacific NorthWest LNG export terminal in British Columbia, issued a press release stating that it “is proactively taking steps to mature the project towards its Final Investment Decision” and, once a federal...

 

HTMLCoalition of Scientists Urge Rejection of Pacific Northwest LNG Draft Environmental Assessment
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 10, 2016, previously published on March 9, 2016
The Globe and Mail reports that more than 130 scientists have signed a letter to Canadian Environment Minister Catherine McKenna requesting that she reject a “scientifically flawed” draft environmental assessment for the proposed Pacific NorthWest LNG export terminal near Lelu Island,...

 

HTMLSabine Bankruptcy Court Allows Rejection of Gathering Agreements
Warren N. Davis, B. Knox Dobbins, Eric R. Fenichel, Paul F. Forshay, Mark D. Sherrill; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
March 10, 2016, previously published on March 9, 2016
In a March 8, 2016 ruling from the bench, the U.S. Bankruptcy Court for the Southern District of New York issued a significant decision regarding the ability of a debtor in bankruptcy to reject gas gathering agreements and similar intrastate contracts. Judge Shelley Chapman, overseeing the...

 

HTMLEIA Projects Record High Natural Gas Production and Consumption for 2016
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 10, 2016, previously published on March 9, 2016
Reuters reports that U.S. natural gas production in 2016 is expected to reach a record high of 79.68 Bcf/day according to the U.S. Energy Information Administration’s (EIA) March 2016 Short-Term Energy Outlook. The forecast would be the sixth consecutive annual record high for U.S. gas...

 

HTMLIL House Considering Storage Fee Bill
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 10, 2016, previously published on March 9, 2016
The Illinois House of Representatives is considering a bill that would require vehicle storage providers to send a certified letter disclosing their rates to a vehicle lienholder before charging storage fees. Under the proposed law, the storage provider must also provide the lienholder an...

 

HTMLNew USDA Program Supports Rural Economic Development
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 10, 2016, previously published on March 9, 2016
The United States Department of Agriculture (USDA) has announced a new program to let electric cooperatives partner with regional organizations to boost rural economic development. The USDA has set aside $500 million for rural projects that support economic and community development plans.

 

HTMLIn a New York Minute: Considerations for Filing 2015 New York Returns
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 10, 2016, previously published on March 9, 2016
Waiting until the federal return is prepared and then simply allowing that return to flow through to the New York returns could be a dangerous approach, leaving you scrambling, missing some election opportunities, and potentially being subjected to penalties.

 


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