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HTMLSANCTIONS UPDATE - New Treasury Guidance on Aggregation of Ownership Interests
Mark D. Herlach, Beverly J. Rudy; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
August 18, 2014, previously published on August 14, 2014
On August 13, the U.S. Department of the Treasury published revised guidance on the treatment of entities owned by persons whose property and interests in property are blocked under the Executive Orders and regulations administered by the Office of Foreign Assets Control (OFAC). Under its new...

 

Adobe PDFAre You Really Sure That Construction Began? IRS Issues Third Notice Regarding Renewable Energy Tax Credit Beginning of Construction Test
Dorothy Black Franzoni, Jonathan Goldman, Amish M. Shah, Ram C. Sunkara, Thomas H. Warren; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
August 18, 2014, previously published on August 12, 2014
On August 8, 2014, the Internal Revenue Service (“IRS”) issued Notice 2014-46, which provides further guidance intended to assist developers and purchasers of renewable energy facilities evaluate whether such facilities satisfied the beginning of construction requirement for the...

 

HTMLMulti-Million Dollar Settlements Prompt Record Filing of TCPA Lawsuits
Wilson G. Barmeyer, Thomas M. Byrne, Ellen M. Dunn, Allegra J. Lawrence-Hardy, Lewis S. Wiener; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
August 18, 2014, previously published on August 12, 2014
High-dollar settlements of class actions filed under the Telephone Consumer Protection Act appear to have prompted the filing of a record number of new TCPA cases in federal courts nationwide. In the largest TCPA settlement announced to date, on July 29, 2014, a federal court in Illinois...

 

HTMLDowneast LNG Approved to Begin FERC’s Pre-Filing Environmental Review Process
Sutherland Asbill Brennan LLP;
Legal Alert/Article
August 12, 2014, previously published on August 11, 2014
Today, FERC approved Downeast LNG’s request to begin the pre-filing environmental review process for its proposed bidirectional LNG import-export terminal and interconnected pipeline near Robbinston, Maine. Downeast LNG states that it is planning to convert its proposed LNG import terminal...

 

HTMLOregon Environmental Groups Lose Appeal of Coast Guard Recommendation
Sutherland Asbill Brennan LLP;
Legal Alert/Article
August 12, 2014, previously published on August 11, 2014
The Portland Tribune reports that the U.S. Ninth Circuit Court of Appeals has dismissed Columbia Riverkeeper et al.’s appeal of the U.S. Coast Guard’s issuance of letter of recommendation (LOR) that approved transportation of LNG on the Columbia River. According to the report, the...

 

HTMLPHMSA Issues Final Rule Prohibiting Hazmat Operations By Persons With Unpaid Civil Penalties
Sutherland Asbill Brennan LLP;
Legal Alert/Article
August 12, 2014, previously published on August 7, 2014
Yesterday, the Pipeline and Hazardous Materials Safety Administration (PHMSA) issued a final rule prohibiting companies who fail to pay a civil penalty as ordered, or who fail to abide by a payment agreement, from performing activities regulated by the Hazardous Materials Regulations (49 CFR Parts...

 

HTMLSecond Circuit Affirms Summary Judgment Opinion Allocating Financial Responsibility For April 2006 Texas Train Derailment
Sutherland Asbill Brennan LLP;
Legal Alert/Article
August 12, 2014, previously published on August 7, 2014
In an April 2006 train derailment near Dallas, much of a train’s cargo, which included tractors, copying machines, and other manufactured goods, was destroyed. The goods were manufactured in Japan, shipped across the Pacific, and loaded onto railcars in California. Following the derailment,...

 

HTMLSEC Waives Whistleblower Eligibility Requirements to Issue $400,000 Award
Peter J. Anderson, Eric A. Arnold, Keith J. Barnett, Bruce M. Bettigole, Thomas R. Bundy; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
August 12, 2014, previously published on August 7, 2014
On July 31, the U.S. Securities and Exchange Commission (SEC or Commission) issued a $400,000 whistleblower award to an individual who provided information leading to a successful SEC enforcement action. The SEC’s whistleblower program was created by the 2010 Dodd-Frank Wall Street Reform and...

 

HTMLFERC Releases DEIS for the Aguirre Offshore GasPort Project
Sutherland Asbill Brennan LLP;
Legal Alert/Article
August 12, 2014, previously published on August 7, 2014
FERC Staff has released the draft environmental impact statement (DEIS) for the proposed Aguirre Offshore GasPort Project, which involves construction of an offshore LNG import terminal near the towns of Salinas and Guayama, Puerto Rico and an interconnected pipeline to provide gas supplies for the...

 

HTMLRepresentative Levin Targets Earnings Stripping
Sutherland Asbill Brennan LLP;
Legal Alert/Article
August 12, 2014, previously published on August 7, 2014
Inversion transactions are making waves, and politicians are taking notice, with the number of legislative proposals dealing with inversions and other international tax issues growing at a fast rate.

 


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