![IMAGE: US Capitol Building](/sites/default/files/styles/max_1140/public/featured-content/492905119_government_USCapitol.jpg?itok=XHVJh5qJ)
Inflation Reduction Act
The end of LIBOR: The search for a new benchmark interest rate for Project Agreements
Often referred to as “the world’s most important number”, the London Interbank Offered Rate (LIBOR) is used as the reference interest rate for a range of commercial and financial contracts worth hundreds of trillions of dollars globally. Partly as a...
Pipelaws Team Authors Article on the Pipeline Safety Act for Law360
Pipeline partners Catherine Little, Bob Hogfoss and Annie Cook authored an article published in Law360 on the Pipeline Safety Act reauthorization legislation currently in the U.S. House and Senate. The current authorization of federal pipeline safety laws and funding of...
CFTC v. Kraft Dispute Continues with CFTC on Defensive
Following the August 15 2019 public announcement of a settlement between the Commodity Futures Trading Commission (CFTC) and Kraft Foods Group, Inc./Mondelez Global, LLC (together “Kraft”), the parties appeared on August 19 before the Honorable John Robert Blakey on a...
Long-Awaited CFTC v. Kraft Settlement Resolves Manipulation Allegations
UPDATE: The statements referenced and linked in this post have been removed from the CFTC’s public website in connection with an ongoing dispute . Today the legal battle between the Commodity Futures Trading Commission (CFTC) and Kraft Foods Group, Inc...
Dubai International Financial Centre ("DIFC") the End to End of Service Gratuity
Hot on the heels of recent updates to the DIFC employment law, DIFC Employment Law No. 2 of 2019 , the DIFC has announced proposals to bring about the end of the current End of Service Gratuity (“ EoSG ”)...
Webinar: 86th Legislative Session Recap
Bracewell is pleased to host a webinar about how the bills passed during the 86th Legislative Session affect Texas governmental entities, the debt issuance process and ongoing disclosure and transparency requirements. Please join us on August 14 to hear analysis...
Highlights from This Year’s Texas Environmental Superconference
This month, Associate Daniel Pope will run through highlights from this year's Texas Environmental Superconference. Topics covered at the Superconference run the gamut of state and federal environmental law issues and are applicable to legal practitioners across the country. This...
Ninth Circuit Sides with CFTC on Scope of Anti-Manipulation Authority
Ninth Circuit Sides with CFTC on Scope of Anti-Manipulation Authority By Michael Brooks, Robert Pease, and Ryan Eletto A three-judge panel for the U.S. Court of Appeals for the Ninth Circuit recently issued a decision that revives claims by the...
SLGS Window Reopening; Sequestration Extended Through FY 2029
The Bipartisan Budget Act of 2019 (the “Act”), which suspends the federal debt limit through July 31, 2021, was signed into law on August 2, 2019. As a result, the U.S. Department of the Treasury has announced that it will...
Complying with the SEC's New Requirements for InLine XBRL Tagging of Cover Page Information: Clarification Regarding Exhibit 104
In March 2019, the Securities and Exchange Commission adopted final rules amending Regulation S-K and related rules and forms to modernize and simplify disclosure requirements for registrants. These amendments follow from the Fixing America’s Surface Transportation (FAST) Act, enacted in...
UAE Foreign Direct Investment Law
Contributing Author Dr. Raed Safadi, Chief Economic Advisor, Dubai Investment Development Agency On 23 September 2018, one of the most anticipated legal developments in the UAE was brought to life. The UAE issued Federal Decree-Law No. 19/2018 on Foreign Direct...
New UAE Economic Substance Regulations Issued
On 30 April 2019, the UAE Cabinet issued the Cabinet of Ministers Resolution No. 31 of 2019 concerning Economic Substance Regulations in the UAE (“Regulations”). Why has the UAE issued the Regulations? The implementation of the Regulations is a result...
FERC Revises Market-Based Rate Seller Requirements
NOTE: Since the original publication of this post, FERC has postponed the implementation of Order No. 860. The order now becomes effective on July 1, 2021 and baseline filings into the new relational database are due on February 1, 2022...
DOJ Changes Criminal Policy to Recognize Antitrust Compliance Programs
In a major policy shift, the Antitrust Division of the Department of Justice recently announced that it will now credit companies for effective corporate antitrust compliance programs in making charging decisions and penalty recommendations. In conjunction with this change, the...
Finding New FPA Authority, FERC Makes Policy Change to Authorize Retroactive Surcharges (and Maybe More)
Historically, the Federal Energy Regulatory Commission (“FERC” or the “Commission”) has maintained a policy whereby it will not order refunds stemming from rate design and cost allocation rulings, reasoning that it was statutorily barred from instituting offsetting surcharges. [1] In...