|2015 Tax Extender Energy Industry Impacts: Extends Renewable Energy PTC and ITC, Biodiesel and Other Fuel Credits; Repeals Crude Oil Export Ban|
Jacob Dweck, Dorothy Black Franzoni, Susan G. Lafferty, Beverly J. Rudy, Amish M. Shah; Sutherland Asbill & Brennan LLP;
December 21, 2015, previously published on December 17, 2015Late on December 15, Congress unveiled a tax extenders bill and omnibus bill that are expected to be merged into a single bill to be signed into law. The release of this legislation follows extensive negotiations involving the highest levels of Congressional leadership and White House staff. The...
|FERC Five-Year Review of Oil Pipeline Rate Indexation|
Jacob Dweck, Paul F. Forshay, Meghan R. Gruebner; Sutherland Asbill & Brennan LLP;
August 5, 2015, previously published on August 4, 2015On June 30, the Federal Energy Regulatory Commission (FERC) issued a Notice of Inquiry (NOI) that proposed an adjustment to the annual indexation formula for oil pipeline rates. The NOI sought comments on a proposed indexation range between the producer price index for finished goods (PPI-FG) +...
|Federal Agencies Issue Final Volcker Rule|
Eric A. Arnold, Brian Barrett, Frederick R. Bellamy, James M. Cain, Jacob Dweck; Sutherland Asbill & Brennan LLP;
December 17, 2013, previously published on December 13, 2013On December 10, 2013, five federal agencies, including the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Securities and Exchange Commission, and the Commodity Futures Trading Commission (CFTC) issued the final Volcker Rule (the...
|CFTC Issues No-Action Relief and Interpretive Guidance Related to SEFs|
James M. Cain, Jacob Dweck, Daphne G. Frydman, Catherine M. Krupka, David T. McIndoe; Sutherland Asbill & Brennan LLP;
October 3, 2013, previously published on October 2, 2013As the date for compliance with swap execution facility (SEF) registration requirements approached, the Commodity Futures Trading Commission (the CFTC or Commission) issued a number of no-action letters and interpretive guidance regarding the obligations of market participants, intermediaries,...
|District Court without Jurisdiction over Calpine Efforts to Reject Power Contracts|
Thomas M. Byrne, B. Knox Dobbins, Jacob Dweck, Richard G. Murphy, Paul Turner; Sutherland Asbill & Brennan LLP;
March 27, 2006, previously published on March 23, 2006A January 27, 2006 opinion by the U.S. District Court for the Southern District of New York in the bankruptcy case of Calpine Corporation raises potential difficulties for future bankrupt energy companies' efforts at restructuring. Moreover, if not overturned on appeal, the ruling establishes a...