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HTMLElectric Cooperatives Top List of Solar Producers for 2014
Sutherland Asbill Brennan LLP;
Legal Alert/Article
May 1, 2015, previously published on April 30, 2015
Two EMCs, Pickwick Electric Cooperative of Tennessee and Farmers Electric Cooperative of Iowa, were the top two producers of solar energy in 2014 based on the number of solar watts produced per customer. While California is still home to the top overall producers of solar power, with Pacific Gas...

 

HTMLNorth Dakota PSC Approves Permits for Basin Electric Power Cooperative's Infrastructure Projects
Sutherland Asbill Brennan LLP;
Legal Alert/Article
May 1, 2015, previously published on April 30, 2015
On April 29 the North Dakota Public Service Commission (PSC) approved permits for three infrastructure projects. Those projects undertaken by Basin Electric Power Cooperative will cost a combined $445 million. They involve expansion of two gas powered power stations, as well as a new transmission...

 

HTMLSabine Pass LNG Files Monthly Construction Status Report
Sutherland Asbill Brennan LLP;
Legal Alert/Article
May 1, 2015, previously published on April 30, 2015
Sabine Pass LNG filed a report with FERC covering construction activities through March 2015 at its LNG export terminal in Cameron Parish, La. Stage 1 (liquefaction trains 1 and 2) engineering and procurement are 100% complete, and subcontract and direct hire construction work are 65% and 73.4%...

 

HTMLCalifornia Real Property Deal Did Not Cause Change in Ownership
Zachary T. Atkins, Douglas Mo; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
April 30, 2015, previously published on April 29, 2015
A California Court of Appeal held that the sale of real property to a lessee having an original lease term of more than 35 years did not result in a change in ownership triggering reassessment for property tax purposes. Proposition 13 established a 2% per-year ceiling on increases in the assessed...

 

HTMLThe Rock or the Hard Place? South Carolina Issues Draft Guidance on Alternative Apportionment
Open Weaver Banks, Stephen A. Burroughs; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
April 30, 2015, previously published on April 29, 2015
The South Carolina Department of Revenue requested public comment on a draft Revenue Ruling and a draft Revenue Procedure that detail how it will prospectively apply alternative apportionment to multistate taxpayers. This represents the Department’s second attempt at drafting alternative...

 

HTMLDecision Stayed Again on Oregon LNG Project's Consistency with the State Coastal Management Program
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 30, 2015, previously published on April 29, 2015
The Oregon Department of Land Conservation and Development (OLCD) has entered into an agreement with Oregon LNG to further extend the deadline by which OLCD must review Oregon LNG’s certification that its proposed bidirectional LNG terminal project in Warrenton, Ore. is consistent with...

 

HTMLManaging a Cyberattack: An interactive Simulation at the ACC Advanced Compliance Education Summit
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 30, 2015, previously published on April 29, 2015
It is 3:00 in the morning and your children are safe in bed, but the phone is ringing at the FBI! Sutherland’s Mark Thibodeaux; Cyndi Baily, Chief Compliance Officer at Alere Toxicology; Sarah Sandstorm, Contracts Counsel at KBM Group; and Special Agent Corey Harris from the FBI presented an...

 

HTMLFreeport LNG Announces Closing of Third Train Financing
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 29, 2015, previously published on April 28, 2015
Today, Freeport LNG Expansion, L.P. (Freeport LNG) announced that its subsidiary, FLNG Liquefaction 3, LLC, successfully closed on debt financing commitments of approximately $4.56 billion in capital required for the construction of the third liquefaction train at Freeport LNG’s export...

 

HTMLFERC Publishes Updated Summaries of U.S. LNG Terminals
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 29, 2015, previously published on April 28, 2015
FERC recently posted on its website updated summaries of (i) existing, (ii) proposed, (iii) potential, and (iv) approved U.S. LNG import and export terminals.

 

HTMLLouisiana Court Rejects Imposition Of Franchise Tax Based On Ownership Of Partnership Interest
Michele Borens, Jonathan A. Feldman, Jeffrey A. Friedman, Todd A. Lard, Carley A. Roberts; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
April 29, 2015, previously published on April 28, 2015
The Louisiana Court of Appeal reversed and remanded Bridges v. Polychim USA, Inc., No. 581,759 (La. Jud. Dist. Ct. Jan. 2, 2014) (unpublished), a case in which the trial court held that an out-of-state corporation was subject to the franchise tax by virtue of its indirect ownership interest in a...

 


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