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As Texas positions itself to become the world’s newest bitcoin mining hub, the Electric Reliability Council of Texas (“ERCOT”) has recently taken actions that may stall the integration of new cryptocurrency mining operations within the state.
On April 21, 2022, the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued a Notice of Proposed Rulemaking (“NOPR”) aimed at reforming long-term regional transmission planning.
You might say Richard Sofield’s path to becoming a leading CFIUS lawyer started with a visit to the school library in second grade. That was when he checked out a biography of John F. Kennedy from the school library and discovered that he shared a birthday with the country’s 35th president. “Then and there I…
On November 15, 2021, President Biden signed the Infrastructure Investment and Jobs Act, better known as the “Bipartisan Infrastructure Bill,” into law during a ceremony at the White House.
V&E Energy Update
In the aftermath of Winter Storm Uri, the Texas Legislature passed Senate Bill 3, which, among other things, required the Public Utility Commission of Texas (“the Commission”) to adopt certain market-related rules.
V&E Energy Update
Texas has proven that a commitment to market solutions and diverse electrical infrastructure can be a recipe for success. Under the restructuring of the power market and initiatives like the competitive renewable energy zone, we saw investment take off and energy prices fall.
V&E Energy Regulatory Update
How deeply ingrained is corruption within Latin America’s economy? Headlines paint an alarming picture: In recent years, business and government officials from Mexico to Peru to Brazil have been implicated in high-profile bribery scandals. A survey last year by the watchdog group Transparency International found that 53% of people surveyed in the region believed that…
Which state’s law will govern your next contract? Where will any litigation take place? For many companies, the answer may seem obvious — they choose the state where they are headquartered or incorporated. The law of the company’s “home” state may be more familiar and, if any disputes arise, choosing a nearby forum means that…
Companies that operate in foreign countries often team up with local third-party agents or partners. In many cases, doing business in a foreign country requires international corporations to work with a local partner as a condition of doing business. And even when it’s not required, businesses may find that local partners can help them navigate…