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Legal Alerts


Legal Alert: FERC Confirms Distribution Cooperatives Must Purchase QF Output (June 29, 2015)
A distribution cooperative must purchase the electrical output made available to it by a qualifying facility (QF), notwithstanding restrictions in the cooperative’s all-requirements contract with its ...
Legal Alert: Supreme Court Finds EPA Unreasonably Failed to Consider Costs When Regulating Power Plant Emissions (June 29, 2015)
Today the U.S. Supreme Court ruled  that the U.S. Environmental Protection Agency (EPA) improperly refused to consider costs when it decided to regulate mercury and other hazardous emissions. The EPA ...
Legal Alert: Trenchant Analysis or Jiggery-Pokery? U.S. Supreme Court Upholds Affordable Care Act (June 26, 2015)
In a 6-3 decision on June 25, 2015 in King v. Burwell, the U.S. Supreme Court held that tax credits are available under the Patient Protection and Affordable Care Act (Affordable Care Act or PPACA) ...
Legal Alert: Supreme Court Allows Disparate-Impact Claims Under the Fair Housing Act (June 25, 2015)
The Supreme Court held today that the Fair Housing Act (FHA) not only prohibits intentional discrimination, but also establishes liability for practices that result in a disparate impact on minority ...
Legal Alert: Master Limited Partnerships: Proposed Tax Regulations Scale Back Activities Giving Rise to Qualifying Income (June 24, 2015)
The Treasury Department (Treasury) and the Internal Revenue Service (Service) have issued proposed tax regulations (Proposed Regulations) that provide guidance on, and significantly scale back, the ...
Legal Alert: Deadline Approaching for Submission of 2014 BEA Surveys of U.S. Direct Investment Abroad and Foreign Direct Investment in the U.S. (June 24, 2015)
2014 Benchmark Survey of U.S. Direct Investment Abroad The Bureau of Economic Analysis (BEA) of the U.S. Commerce Department is conducting its quinquennial (every five years) survey of investment in ...
Legal Alert: SEC Announces First Charges Against Underwriters under MCDC Initiative (June 23, 2015)
On June 18, the U.S. Securities and Exchange Commission (SEC) announced enforcement actions against 36 municipal bond underwriters, the first enforcement actions against underwriters brought by the ...
Legal Alert: The Finite Life of a Patent Upheld: No Royalties After Expiration (June 23, 2015)
The U.S. Supreme Court, in a 6 to 3 ruling citing stare decisis, upheld the half-century rule against royalty payments accruing after expiration of a patent. The Court’s decision in Kimble v. Marvel ...
Legal Alert: Call Answered (The First Ring): FCC Issues Sweeping Package of Declaratory Rulings on TCPA Petitions (June 18, 2015)
In its most significant action on the Telephone Consumer Protection Act (TCPA) since its revised TCPA rules took effect in late 2013, the Federal Communications Commission (FCC) has issued a package ...
Legal Alert: NAIC Close to Adopting Guideline for IUL Illustrations (June 10, 2015)
On June 4, after long deliberation and extensive consultation with issuers of indexed universal life (IUL) insurance policies and other interested parties by the Life Actuarial (A) Task Force (LATF), ...
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