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2019 ABA Private Target Mergers & Acquisitions Deal Points Study

The Energy Law Blog

The 2019 version of the study analyzes a greater number of transactions at 151 M&A deals that were executed or closed during calendar year 2018 and the first quarter of 2019 with transaction values ranging from $17 million to $500 million. These new data points are flagged for the reader.

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Fifth Circuit to Hold Oral Argument in Sojitz v. UNOCAL in April 2020

The Energy Law Blog

250, Subpart N, as support for the notion that “BSEE’s primary enforcement mechanisms for violations of the decommissioning regulations are civil fines and criminal penalties,” police powers to which Sojitz cannot subrogate. Sojitz Energy Venture, Inc. Union Oil Co. of California , 394 F. 3d 687 (S.D. Parker Drilling Co. , 3d 515, 530 (S.D.

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Third Circuit Issues Long-Awaited Ruling in OPA Liability Case

The Energy Law Blog

On March 29, 2018, the United States Court of Appeals for the Third Circuit issued its ruling in In re: Petition of Frescati Shipping Co., as Owner of the M/T ATHOS I , Nos. 16-3552, 16-3867 & 16-3868 (3d Cir. ATHOS I had its genesis in a 2004 vessel allision and oil spill on the Delaware River between New Jersey and Pennsylvania.

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Supreme Court of Pennsylvania Weighs in on Hydraulic Fracturing and Subsurface Trespass

The Energy Law Blog

In January of this year, the Supreme Court of Pennsylvania tackled an issue that has been confronted by few other courts—whether the rule of capture precludes a claim for subsurface trespass due to hydraulic fracturing. [1] 2] Both the trial court and the appellate court awarded damages to the plaintiffs for the gas drained.

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CARES Act Makes Significant Changes to Four Key Business Tax Provisions Enacted in the Tax Cuts and Jobs Act of 2017

The Energy Law Blog

This means, for example, that an NOL incurred for tax year 2017 could be carried forward to offset as much as 100 percent of taxable income for tax year 2018, rather than only 80 percent of such income, in order to obtain a refund of income tax paid for tax year 2018.

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