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Federal-tax-credit-for-cash swaps between clean energy developers and oth= ers are ramping up in the wake of federal guidance issued earlier this year= , but attorneys say there are still deal-making kinks to be ironed out befo= re transfer activity really takes off.

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FRIDAY, = OCTOBER 27, 2023

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TOP NEWS

Feature

Clean Energy Tax Credit Transfers Gather = Steam — Slowly

=09

By Keith Goldberg

Federal-tax-credit-for-cash swaps = between clean energy developers and others are ramping up in the wake of fe= deral guidance issued earlier this year, but attorneys say there are still = deal-making kinks to be ironed out before transfer activity really takes of= f.

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McDermott Int'l Must Hand Over Docs In $1= B Award Challenge

=09

By Peter McGuire

Global engineering giant McDermott= International Ltd. must turn over documents related to restructuring its B= ritish and Dutch units to a Colombian refinery company trying to secure a $= 1 billion award against the Texas-based company, according to an order from= a Lone Star State federal judge.

=20 Order attached |=20 Read full article » | Save to favorites »

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Texas Justices Weigh Public Adjuster Laws= In Speech Suit

=09

By Eli Flesch

The Texas Supreme Court on Thursda= y weighed what kinds of behavior might be impermissible for roofing contrac= tors under a state law prohibiting them from acting as public adjusters on = the same claim, a conflict-of-interest rule now facing a First Amendment ch= allenge.

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Conn. City To Pay $10M To End Ousted Stad= ium Builder's Suit

=09

By Aaron Keller

The city of Hartford, Connecticut,= will pay $9.9 million to settle a seven-year-old state court feud with the= initial designer and builder of a downtown baseball stadium for a minor le= ague affiliate of the Colorado Rockies, city leaders announced on Thursday.

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Architect Sues To Get License Back After = Bribe Conviction

=09

By Julie Manganis

An architect asked a Suffolk Count= y Superior Court judge Wednesday to reverse the suspension of his professio= nal license after his conviction last year in a bribery scheme involving th= e former chairman of the Mashpee Wampanoag tribe and its plans to build a $= 1 billion casino in Southeastern Massachusetts.

=20 Complaint attached |=20 Read full article » | Save to favorites »

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AG Presses Morgan Lewis Atty For Details = At Trump Trial

=09

By Stewart Bishop

Counsel for New York state gr= illed a Morgan Lewis tax attorney for details on the Trump Organization's a= sset valuation process in Donald Trump's civil fraud trial Thursday while a= battle loomed on whether Ivanka Trump will testify.

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Real Estate Rumors: OZK, Sarasota Pickleb= all, Ashkenazy

=09

By Andrew McIntyre

Bank OZK has reportedly lent $45 m= illion for a Miami condo project, the Pickleball Club of Sarasota is said t= o be buying 4.9 acres in South Florida, and Ben Ashkenazy is said to have s= old 0.8 acres in Florida for $29 million.

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LEGAL INDUSTRY

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Pillsbury, Stroock Call Off Merger Talk A= s 'Not The Right Path'

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By Lauren Berg

Pillsbury Winthrop Shaw Pittman LL= P and Stroock & Stroock & Lavan LLP on Thursday confirmed they have= ended talks regarding a potential merger of the two law firms, determining= it "was not the right path."

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Bar Exam Developer Delays End Of Current = Test

=09

By Tracey Read

The current bar exam and the repla= cement NextGen Bar Exam will now be offered concurrently for two full years= .

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SEC's Gensler Cautions Against Climate Ru= le Lawsuit

=09

By Jessica Corso

U.S. Securities and Exchange Commi= ssion Chair Gary Gensler said Thursday that corporate America shouldn't be = too eager to sue the agency over its controversial climate change proposal,= because overturning the rule in court could leave businesses with no other= choice but to comply with the European Union's potentially stricter sustai= nability standards.

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FTC's Amazon Arguments Hostile To In-Hous= e Role, ACC Says

=09

By Aaron West

The U.S. Federal Trade Commission'= s targeting of certain interactions between Amazon officials and in-house c= ounsel in the agency's antitrust suit against the commerce giant reflects "= a broader hostility" to the in-house attorney-client relationship, the Asso= ciation of Corporate Counsel argued in a Thursday court filing.

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Bankman-Fried Evasive In Preview Of Jury = Testimony

=09

By Rachel Scharf

FTX founder Sam Bankman-Fried gave= evasive and rambling answers to government questioning during a Thursday h= earing to determine the scope of his upcoming trial testimony, previewing w= hat's likely to be a brutal cross-examination in front of a Manhattan feder= al jury.

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Texas, Hawaii And NJ District Judge Nomin= ees Advance

=09

By Courtney Bubl=C3=A9

The Senate Judiciary Committee adv= anced four judicial nominees on Thursday, including one who would be the on= ly Native Hawaiian woman to serve as an Article III judge if confirmed, and= held over two other nominees who came under fire from Republicans during t= heir confirmation hearings.

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NY-NJ Port Authority Names In-House Atty = As 1st Female GC

=09

By Andrea Keckley

The Port Authority of New York and= New Jersey said Thursday that it has chosen one of its in-house attorneys = as general counsel, making her the first woman to hold the role in the agen= cy's 102-year history.

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Suspect In Maryland Judge's Killing Found= Dead, Sheriff Says

=09

By Lauren Berg

The man wanted in the shooting dea= th of Maryland Circuit Court Judge Andrew Wilkinson has been found dead, a = county sheriff said Thursday.

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= ;Dentist Hired Hit Men To Kill Florida Law Professor, Jury Told<= /p> =09

By David Minsky

A dentist in Fort Lauderdale, Flor= ida, paid two men to kill his sister's ex-husband, a Florida law school pro= fessor who was locked in a bitter custody dispute and seen as a "big proble= m" because he wouldn't relocate back to South Florida with his children, a = state prosecutor told a jury Thursday.

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Kasowitz Can't Represent Creditors In Ame= riFirst Ch. 11

=09

By Vince Sullivan

Kasowitz Benson Torres LLP can't b= e retained as special litigation counsel for the unsecured creditors commit= tee in the Chapter 11 case of mortgage lender AmeriFirst Financial after a = Delaware judge ruled Thursday that the firm formerly represented the debtor= in legal matters involving a creditor.

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DC Circ., Ethics Panel Deny Jeffrey Clar= k's Bid To Halt Case

=09

By Alison Knezevich

Former U.S. Department of Justice = official Jeffrey Clark's efforts to pause his Washington, D.C., attorney di= scipline case have hit roadblocks in two venues.

=20 Report attached |=20 Read full article » | Save to favorites »

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Chapter 11 Filings Rose 40% Last Year Th= rough September

=09

By Hilary Russ

Chapter 11 filings shot up 40% ove= r the last year as high interest rates and financial pressure in crypto, re= tail, real estate and other industries prompted more bankruptcy filings ove= rall.

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Disbarred Atty Scored 6-Figure Jobs With= Fake IDs, Feds Say

=09

By Ryan Harroff

Disbarred Ohio attorney Richard Lo= uis Crosby III was arrested Thursday for allegedly creating aliases and usi= ng licensed lawyers' names to get jobs at three different law firms in Flor= ida and Washington, D.C., while he was already facing charges for stealing = client funds prior to his disbarment.

=20 Complaint attached |=20 Read full article » | Save to favorites »

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4th Circ. Skeptical Atty Can Get Coverag= e In $13M Fraud Case

=09

By Travis Bland

The Fourth Circuit voiced doubt Th= ursday that pending criminal charges are enough to trigger insurance covera= ge for an attorney indicted on allegations he fraudulently seized control o= f $13 million in Somalian government funds, with a judge suggesting the car= rier's agreement to cover costs related to a subpoena was "generous."

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COMPA= NIES IN TODAY'S NEWS

Amazon.com Inc.

AmeriFirst Financial Inc.

American Bankruptcy Institute

American Bar Association

American Proper= ty Casualty Insurance Association

Arch Capital Group Ltd.

Association of Corporate Counse= l

Avangrid Inc.

Bank OZK

Bank of America Corp.

BlockFi Inc.

Chicago Bridge & Iron Co. NV

Colorado Rockies

Cushman & Wakefield Inc.

Dunkin' Brands Group Inc.

McDermott International

National Asso= ciation of Mutual Insurance Companies

Oaktree Funding Corp.

The District of Columbia Bar

The Leadership C= onference on Civil & Human Rights

The Whiting-Turner Contracting= Co.

Trump Organization Inc.

U.S. Chamber of Commerce

Vitol Inc.


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LAW = FIRMS IN TODAY'S NEWS

Davis Wright Tremaine

Steptoe & Johnson LLP

GOVE= RNMENT AGENCIES IN TODAY'S NEWS

Commonwealth of Massachusetts

European Union

Federal Trade Commission

Internal Revenue Service

Maryland Judiciary

New York Attorney General'= s Office

Port Authority of New Yor= k & New Jersey

Texas Attorney General's Offi= ce

Texas Department of Insurance

Texas Supreme Court

U.S= . Attorney's Office for the Southern District of New York

U.S. Atto= rney's Office for the Southern District of Ohio

U.S. Bankruptcy= Court for the District of Delaware

U.S. Court of Appeals= for the Fourth Circuit

U.S. Department of Justice

U.S. Dis= trict Court for the Southern District of New York

U.S. Di= strict Court for the Western District of Washington

U.S. Securities and Excha= nge Commission

U.S. Supreme Court

Un= ited States District Court for the Southern District of Ohio

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