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HTMLPrivate Equity Fund Adviser Charged with Misallocating Broken-Deal Expenses
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 2, 2015, previously published on July 1, 2015
The SEC recently announced its first enforcement action brought against a private equity adviser for misallocating “broken-deal” expenses.

 

HTMLEnbridge Buys Stake in Delfin LNG Offshore Terminal
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 2, 2015, previously published on July 1, 2015
Today, Fairwood Peninsula Energy Corp (Fairwood LNG) announced that Enbridge, Inc., has purchased a 5% equity investment in Fairwood LNG and has entered into a Joint Development Agreement with Fairwood LNG to assist in the development of offshore LNG facilities in the Gulf of Mexico. Fairwood LNG...

 

HTMLInsurer Has Duty To Defend Even Though Insured Did Not Immediately Notify Insurer Of Underlying Lawsuit
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 1, 2015, previously published on June 30, 2015
The United States sued Company A for discharging pollutants from an offshore platform in the Gulf of Mexico in February 2013 after giving notice to Company A of the alleged violations in March 2012. Company A failed to give notice to its insurer of the potential violations until September 2013...

 

HTMLProject Agreements Signed with First Nations for LNG Canada’s Feeder Pipeline
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 1, 2015, previously published on June 30, 2015
TransCanada announced its Coastal GasLink Pipeline Project (Coastal GasLink) has signed project agreements with Canadian First Nations Wet’suwet’en First Nation, Skin Tyee Nation, Nee-Tahi-Buhn Band, Yekooche First Nation, Doig River First Nation, and Halfway River First Nation, whose...

 

HTMLAll Sales Final: Indiana Merchandise Return and Coupon Creation Services Not Taxable
Madison J. Barnett, Charles C. Capouet; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 1, 2015, previously published on June 30, 2015
The Indiana Department of Revenue determined that a taxpayer’s sales of merchandise return-related services to retailers are not subject to Indiana sales and use tax. The Department addressed the taxability of three services: (1) the Merchandise Authorization Service (MAS), which utilizes the...

 

HTMLCanadian National Energy Board Considering 40-Year Gas Export Licenses
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 1, 2015, previously published on June 30, 2015
The Canadian National Energy Board (NEB) is seeking comments on proposed amendments to its regulations to create a new category of licenses that would permit the export of natural gas for a term not exceeding 40 years. The amendments would also amend the definition of “natural gas” to...

 

HTMLEPA Mercury Emissions Rule Blocked
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 1, 2015, previously published on June 30, 2015
The U.S. Supreme Court ruled against the EPA’s mercury and air toxins emissions rules which have been in effect since 2011. In a 5-4 decision, the Court held that the EPA acted “unreasonably” by foregoing a cost analysis when regulating emissions under the Clean Air Act.

 

HTMLU.S. Trade and Development Agency Awards Grant to Study Panama Canal LNG Import Terminal
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 30, 2015, previously published on June 29, 2015
The U.S. Trade and Development Agency has awarded a grant to the Panama Canal Authority (ACP) to conduct a feasibility study related to the construction of an LNG import terminal and other LNG infrastructure at the Panama Canal. The study is intended to provide the ACP with options to take...

 

HTMLSoftware Training Not Subject to Indiana Sales and Use Tax
Andrew D. Appleby, Charles C. Capouet; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
June 30, 2015, previously published on June 29, 2015
The Indiana Department of Revenue found that software training is not subject to sales and use tax because it does not constitute tangible personal property. The Department audited the taxpayer and assessed additional use tax on its purchase of a software license agreement. Nearly half of the...

 

HTMLDOE Authorizes Exports from Sabine Pass LNG Trains 5 and 6 to Non-FTA Nations
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 30, 2015, previously published on June 29, 2015
The U.S. Department of Energy (DOE) has issued a Final Opinion and Order authorizing Sabine Pass Liquefaction (SPL) to export over a 20-year period 503.3 Bcf/year of LNG from proposed liquefaction Trains 5 and 6 to be located at SPL’s export terminal under construction in Cameron Parish, La....

 


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