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HTMLEPA Deemed "Ultimate Authority" For Ozone NAAQS
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 11, 2015, previously published on June 10, 2015
The U.S. Court of Appeals for the District of Columbia Circuit has ruled that the Environmental Protection Agency (EPA) has the “ultimate authority” to determine whether an area is in attainment with national ambient air quality standards (NAAQS) for ozone. Many industry and...

 

HTMLNAIC Close to Adopting Guideline for IUL Illustrations
Eric A. Arnold, Frederick R. Bellamy, Thomas E. Bisset, Dodie C. Kent, Clifford E. Kirsch; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
June 11, 2015, previously published on June 10, 2015
On June 4, after long deliberation and extensive consultation with issuers of indexed universal life (IUL) insurance policies and other interested parties by the Life Actuarial (A) Task Force (LATF), the NAIC’s Life Insurance and Annuities (A) Committee adopted new Actuarial Guideline 49...

 

HTMLFEMA Grant Will Help Vermont Coop Clean Up
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 10, 2015, previously published on June 9, 2015
Vermont legislators announced last Friday that the Vermont Electric Cooperative (VEC) will receive a grant from the Federal Emergency Management Agency (FEMA). The $2.1 million grant will cover cleanup and repair costs related to severe weather that occurred last December and caused 45,000 outages...

 

HTMLNAIC Unclaimed Benefits Model Drafting (A) Subgroup Identifies Key Model Law Issues
Wilson G. Barmeyer, Irene A. Firippis, Phillip E. Stano, Steuart H. Thomsen, Mary Jane Wilson-Bilik; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
June 10, 2015, previously published on June 9, 2015
On May 29, the National Association of Insurance Commissioners (the NAIC) Unclaimed Benefits Model Drafting (A) Subgroup (the Subgroup) met to discuss regulator and industry materials submitted to the Subgroup and identified three critical issues that it intends to consider when drafting the...

 

HTMLD.C. Circuit Rejects Bid for Preliminary Review of Clean Power Plan
Jay Holloway, Emily L. Seidman, Liz Williamson; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
June 10, 2015, previously published on June 9, 2015
Today the U.S. Court of Appeals for the District of Columbia Circuit rejected a challenge to the U.S. Environmental Protection Agency’s (EPA’s) proposed Clean Power Plan, which seeks to regulate greenhouse gas emissions from utilities. Before the court were Murray Energy’s...

 

HTMLSEC Proposes Disclosure Rules on Director, Officer and Employee Hedging
Steven B. Boehm, James M. Cain, Cynthia M. Krus, John J. Mahon, Lisa A. Morgan; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
June 10, 2015, previously published on June 9, 2015
In April 2015, the comment period expired for rules proposed by the U.S. Securities and Exchange Commission (the SEC) to implement Section 955 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act).1 These proposed rules (the Proposed Rules)2 would require disclosure...

 

HTMLTri-County Electric Coop Plans Community Solar
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 10, 2015, previously published on June 9, 2015
An Oklahoma electric cooperative is building a 1-MW community solar array near its Hooker, Oklahoma headquarters. Tri-County Electric Coop (TCEC) plans to offer its members the opportunity to purchase panels in the array and receive credits on their bills.

 

HTMLAltaGas DCLNG Files for Export License for Douglas Channel B.C. Project
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 9, 2015, previously published on June 8, 2015
AltaGas DCLNG General Partner Inc. (“AltaGas GP”) filed an application with the Canadian National Energy Board to export approximately 365 Bcf/year over 25 years from a proposed floating LNG terminal near Kitimat, British Columbia (B.C.). The project is a partnership among AltaGas GP,...

 

HTMLThese Shoes Weren’t Made for Walking (and They Aren’t Too Good for Standing Either): Court Dismisses Post-Breach Case Against Zappos for Lack of Standing
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 9, 2015, previously published on June 8, 2015
Last week yet another federal district court dismissed a post-data breach class action after concluding that the plaintiffs had not alleged any actual or imminent harm and, consequently, did not have standing to proceed. In re Zappos.com, Inc. Customer Data Security Breach Litig. MDL No. 2357,...

 

HTMLFed Gov. Tarullo Discusses Oversight of Asset
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 8, 2015, previously published on June 5, 2015
According to a recent article, Federal Reserve Governor Daniel Tarullo, speaking at an Institute of Finance conference, highlighted what he believes is the need for increased oversight of asset managers with a focus on regulation of the industry rather than on individual firms. Previously, Tarullo...

 


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