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Supreme Court Punts on Important Arbitrability Question

The Energy Law

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.

Casing 76
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Main Street Lending Programs

The Energy Law

insured depository institutions, U.S. Interest Rate Adjustable interest rate of Secured Overnight Financing Rate (SOFR) plus 250-400 basis points. 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.

E&A 40
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Congress Passes the Corporate Transparency Act to Require Beneficial Ownership Disclosure

The Energy Law

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.

E&A 40
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DOI Announcement of a Proposed Rule on Risk Management, Financial Assurance and Loss Prevention

The Energy Law

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.