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|New Electricity Legal Framework in Mexico|
Alejandro Creel-Ysita, José Estandía, Mariana González, Alberto de la Parra; Jones Day;
August 27, 2014, previously published on August 2014Further to the Mexican Energy Constitutional Amendments approved on December 12, 2013, President Enrique Peña Nieto signed decrees enacting Secondary Laws for Mexico's Energy Reform. Published in the Federal Official Gazette on August 11, 2014, this new legislation consists of nine new laws...
|Mexican Energy Reform: The Secondary Legislation and its New Business Opportunities|
Nicolas Borda, Hector D. Sanchez Fernandez, Rodrigo Vazquez del Mercado-Rivera; Greenberg Traurig, S.C.;
August 26, 2014, previously published on August 20, 2014On December 20, 2013, the DOF published the amendments to the Mexican Constitution regarding energy matters, which became effective the day after its publication.
|Colorado: Appellate Court Finds in Favor of Natural Gas Company in Sales Tax Exemption Dispute|
McDonald Hopkins LLC;
August 26, 2014, previously published on August 21, 2014The Court of Appeals of Colorado affirmed a lower court ruling providing that pipelines and fittings located in one of Colorado’s enterprise zones, which are used to gather and deliver natural gas from a taxpayer’s wells to its’ processing facilities, qualify for Colorado’s...
|IRS Relaxes and Clarifies Renewable Energy Tax Credit Eligibility Requirements for Projects Under Construction|
Mintz Levin Cohn Ferris Glovsky Popeo P.C.;
August 25, 2014, previously published on August 12, 2014On August 8, 2014, the Internal Revenue Service (IRS) issued Notice 2014-46 in response to continued industry requests for clarification on several aspects of the renewable electricity Production Tax Credit (PTC) under section 45, or the energy Investment Tax Credit under section 48 in lieu of the...
|IRS Clarifies Production Tax Credit Qualification for Renewable and Alternative Energy Facilities|
John C. Crossley; Husch Blackwell LLP;
August 21, 2014, previously published on August 14, 2014With developers in the renewable energy industry racing to complete energy projects across the country by January 1, 2016, the Internal Revenue Service (IRS) has published additional guidance to reduce uncertainty regarding the ability of certain projects to qualify for production tax credits...
|Solid Waste Change of Direction: “Materials Innovation and Recycling Authority”|
Christopher P. McCormack; Pullman & Comley, LLC;
August 21, 2014Public Act 14-94 creates a “Materials Innovation and Recycling Authority” (MIRA) as successor to the Connecticut Resource Recovery Authority (CRRA). The bill sets ambitious goals for solid waste management and recycling - most notably, to increase the rate of recycling and reuse to at...
|EPA Finalizes Renewable Identification Number Quality Assurance Program|
Jane K. Murphy, Charles T. Wehland; Jones Day;
August 21, 2014, previously published on August 2014In an effort to prevent fraud that threatens to undermine the Renewable Fuel Standard ("RFS") program, and to restore faith in the trading system established to facilitate RFS compliance, the United States Environmental Protection Agency ("EPA") published final regulations for a...
|Let’s Shake On It: Texas Case Exemplifies the Perils of Adopting a Company-Wide Practice of Oral Agreements|
Tiffany L. Cox; Ogletree, Deakins, Nash, Smoak & Stewart, P.C.;
August 21, 2014, previously published on August 18, 2014An opinion out of the Fourteenth Court of Appeals demonstrates why employers need to be weary of developing a practice of oral agreements in regards to compensation upon which at-will employees may detrimentally rely. The court affirmed a judgment in excess of $1.1 million in favor of a former...
|Congressional Approval of Mexico's Energy Reform Legislation|
Duane Morris LLP;
August 20, 2014, previously published on August 19, 2014On August 6, 2014, the Mexican Congress finally approved secondary legislation (the "Legislation") providing for the implementation of the historic constitutional energy reforms in Mexico that were approved on December 20, 2013, and which were described in a prior Duane Morris Alert. The...
|Recent UK Proposals Emphasise Importance of REMIT Compliance for Energy Firms|
Doron F. Ezickson, Adam Topping; Cadwalader, Wickersham & Taft LLP;
August 20, 2014, previously published on August 14, 2014Two recent actions demonstrate the United Kingdom’s (“UK”) continuing commitment to enforcing the European energy laws and the need for vigorous compliance efforts by market participants. Last month, the Office of Gas and Electricity Markets (“Ofgem”) published an open...