The Energy Law

OCTOBER 13, 2023

4 However, only ships carrying more than 2,000 tons of oil are required to carry insurance for oil pollution. Similar to OPA 90, vessels required to carry insurance must carry enough to cover their potential liability for an oil spill. But what happens when a vessel spills oil in the territorial waters of another country?

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The Energy Law

DECEMBER 17, 2019

It also contains new data point references on matters such as the inclusion of #metoo, cybersecurity and data privacy representations and the impact of representations and warranties insurance on indemnification provisions. These new data points are flagged for the reader.

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The Energy Law

JULY 11, 2019

Practically speaking, this means that employers, beginning in 2020, will be allowed to subsidize employee premiums in the individual health insurance market and/or Medicare using pre-tax dollars, provided certain conditions are met. The minimum number of employees for each class varies depending on the employee population.

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The Energy Law

FEBRUARY 4, 2021

The Supreme Court’s rare dismissal of a previously granted cert petition means that the justices have declined to reconsider the Fifth Circuit’s decision refusing to send the underlying dispute to arbitration. This is now the second time this case has been before the Supreme Court on issues of arbitrability.

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The Energy Law

SEPTEMBER 30, 2021

Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. The defendant successfully proved its affirmative McCorpen defense and was held not liable. LEXIS 29285 (11 th Cir.

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The Energy Law

MAY 10, 2019

5/8/19), the Court held the collateral source rule inapplicable to medical expenses charged above the amount actually paid by a workers’ compensation insurer pursuant to the workers’ compensation medical fee schedule. Cornerstone Investments, LLC, et al. 2018-CC-0735 (La. The court of appeal denied the plaintiff’s writ in a 2-1 decision.

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The Energy Law

JUNE 24, 2019

The six justices in the majority opinion reversed the Ninth Circuit and resolved a circuit split on this issue. The question presented was whether punitive damages may be awarded to a Jones Act seaman in a personal injury suit alleging a breach of the general maritime duty to provide a seaworthy vessel. A hatch blew open and crushed his hand.

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The Energy Law

MARCH 8, 2021

The Bankruptcy Code recognizes this and places a priority on employee wages and benefits that were earned prior to the filing of a bankruptcy proceeding. Contributions to an employee’s benefit plan that were owed within 180 days of the company filing for bankruptcy, up to $13,650, are given a fifth level priority in any bankruptcy proceeding.

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The Energy Law

NOVEMBER 26, 2018

For many investment advisers, CPAs are a big source of referrals. Often these CPAs are compensated for the referrals. Most states now require registration of solicitors, including CPAs, as investment adviser representatives (“IAR”). This article provides some background on these requirements. A Little Refresher What is a solicitor?

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The Energy Law

MARCH 25, 2019

Though EOs have until May 15, 2019 to file their 2018 returns and remit any taxes owed to the federal government, there is a time-limited opportunity for some EOs to change their parking policy prior to March 31, 2019 and minimize the amount of parking tax owed. New Tax on Employee Parking EOs pay federal income taxes on their UBTI at a 21% rate.

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The Energy Law

FEBRUARY 17, 2021

Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) the identities of their beneficial owners and applicants. FinCEN will use these disclosures to create a national database to combat terrorism and money-laundering schemes which have used business entities to hide the identity of their owners.

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The Energy Law

OCTOBER 15, 2020

The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.

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The Energy Law

JULY 2, 2020

For more information on these CARES Act topics see our prior newsletter here. Expanded Definition of Qualified Individual IRS Notice 2020-50 expands the CARES Act definition of a qualified individual who is eligible for CRDs, loans, and loan payment suspension.

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The Energy Law

NOVEMBER 18, 2020

Smart Fabricators of Texas, LLC , 970 F.3d 3d 550, a three-judge panel of the United States Fifth Circuit Court of Appeal held on August 14, 2020, that seaman status under the Jones Act may apply to an injured welder on a jack-up oil rig adjacent to an inland pier. Gilbert Sanchez, a welder-fitter employed by SmartFab, never went to sea on vessels.

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The Energy Law

FEBRUARY 9, 2021

In In re Deepwater Horizon , No. 20-30300, 2021 WL 96168, a three-judge panel of the U.S. Fifth Circuit Court of Appeal held that fishermen who intentionally came upon the scene of the wreckage of the Deepwater Horizon failed to state a claim of negligent infliction of emotional distress under general maritime law. See Barker v. 2021 WL 96168 at *2.

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The Energy Law

MARCH 8, 2021

The Bankruptcy Code recognizes this and places a priority on employee wages and benefits that were earned prior to the filing of a bankruptcy proceeding. Contributions to an employee’s benefit plan that were owed within 180 days of the company filing for bankruptcy, up to $13,650, are given a fifth level priority in any bankruptcy proceeding.

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The Energy Law

APRIL 20, 2020

insured depository institutions, U.S. The MSLP will support credit flow to small and mid-sized businesses by providing support to businesses that were in good financial standing prior to the COVID-19 crisis. This is a new loan program authorized by the CARES Act. We will continue to update this summary as more information becomes available.

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The Energy Law

FEBRUARY 17, 2021

Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) the identities of their beneficial owners and applicants. FinCEN will use these disclosures to create a national database to combat terrorism and money-laundering schemes which have used business entities to hide the identity of their owners.

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The Energy Law

OCTOBER 15, 2020

The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.

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The Energy Law

MARCH 30, 2020

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. A brief discussion of how COVID-19 has affected Louisiana and Texas courts is discussed here.

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The Energy Law

SEPTEMBER 18, 2020

In addition, the Proposed Rule removes the requirements that Treasury securities be pledged to fund the decommissioning account before the amount of funds in the account equals the maximum amount insurable by the Federal Deposit Insurance Corporation (FDIC). A few highlights of the Proposed Rule include the following: 1.

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The Energy Law

SEPTEMBER 18, 2020

In addition, the Proposed Rule removes the requirements that Treasury securities be pledged to fund the decommissioning account before the amount of funds in the account equals the maximum amount insurable by the Federal Deposit Insurance Corporation (FDIC). A few highlights of the Proposed Rule include the following: 1.

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The Energy Law

MAY 19, 2020

Updated August 31, 2020 On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, which established, in relevant part, the Paycheck Protection Program (PPP), a loan program that offers eligible borrowers the potential for loan forgiveness.

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