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New IRS Guidance on Obtaining Refunds for Net Operating Loss Carrybacks, Corporate AMT Carryforward Credits and Filing Amended Returns for Partnerships

The Energy Law

116-136, enacted modifications to the rules for the use of net operating losses (“ NOLs ”) and corporate alternative minimum tax carryforward credits (“ AMT Carryforward Credits ”) for tax years beginning after December 31, 2017 and before January 1, 2021. Revenue Procedure 2020-24 provides guidance with respect to each of these sets.

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Maritime Industry COVID 19 Update

The Energy Law

How Should I Change My Operations during the Pandemic? What Changes Should I Make to Employee Operations? Coast Guard Has Announced a Series of Requirements and Operational Changes through Marine Safety Information Bulletins. How Should I Change My Operations at Port? Yes, the U.S.

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Challenges of Integrating Renewables Into Today’s Power Grids

Enverus

What are some of the challenges grid operators face in the clean energy transition and what are some practical solutions? Power grid operators must come up with innovative solutions to manage renewable capacity and adopt smart systems to balance supply and demand in the most efficient way possible.

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Guidance and Relief for Retirement Plans Due to the COVID-19 Pandemic

The Energy Law

Good faith delivery includes use of electronic means where the plan fiduciary reasonably believes participants have effective access, including email, text messages, and continuous access websites. Unless the IRS provides subsequent additional relief, the actions described below must be performed by July 15, 2020.

E&A 40
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Louisiana and Texas COVID-19 Stay-at-Home Orders and Effects on State Courts

The Energy Law

Day-to-day life has been dramatically impacted by the coronavirus disease 2019 (COVID-19), and many courts in Louisiana and Texas have been forced to close or limit operations in conjunction with stay-at-home orders. This article was updated on April 14, 2020. The orders also require all non-essential businesses to cease.