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U.S. Fifth Circuit Limits Vessels’ Obligations Under Louisiana One-Call Reporting

The Energy Law

A panel of the United States Fifth Circuit consisting of Chief Judge Stewart and Judges Jolly and Graves recently issued a per curiam opinion regarding the effect of the Louisiana Underground Utilities and Facilities Protection Law (the “Louisiana One-Call Statute”). Plains Pipeline, L.P. Great Lakes Dredge & Dock Co., 14-31046, 2015 U.S.

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Five Lessons Learned from Executing Shale Drilling Transactions

The Energy Law

If this approach is utilized, the parties should consult their tax advisors as to whether a tax partnership agreement should be included in the transaction documents to avoid possible unforeseen tax consequences on the earning of such additional formations. Take into account lease maintenance requirements.

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Opportunity to Minimize the New Tax on 501(c)(3) Exempt Organization Employee Parking

The Energy Law

The TCJA changed this definition so that certain amounts spent by an EO on qualified transportation fringe benefits ( e.g. employee parking) are treated as UBTI. New Tax on Employee Parking EOs pay federal income taxes on their UBTI at a 21% rate.

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Top 10 most important actions to ensure successful digital transformation

Yokogawa

Digital Transformation is, nowadays, a buzzing world in industry, which everybody wants to utilize and apply in their business. Finance, Maintenance, HR, Safety, Production and IT working on transformation opportunities. Why is there such an extreme dichotomy in the most important enabler for our Future Digital Energy Systems ?

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Louisiana Second Circuit Addresses: (1) Creation of Mineral Servitudes Via Notarial Acts of Correction; (2) Obstacles Suspending the Prescription of Nonuse from Running Against Mineral Servitudes; and (3) Payment of Court Costs in Concursus Actions

The Energy Law

By definition, a clerical error is an error in writing or copying a document. 27] Second, the operator had testified its “drop dead date” to spud its well was in May 2004 and that, had it realized servitude maintenance issues existed, the well could have been spudded in time. [28] However, art.

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