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FERC launches new cybersecurity office
- Sutherland Asbill & Brennan LLP
- -
- USA
- -
- September 21 2012
The Federal Energy Regulatory Commission (FERC) is creating a new office to address cyber and physical security risks to FERC-jurisdictional facilities, such as electric generation and transmission facilities, oil and gas pipelines, and LNG terminals
Ride the lightning: electricity is intangible in Oregon
- Sutherland Asbill & Brennan LLP
- -
- USA
- -
- September 19 2012
The Oregon Tax Court issued its opinion in Powerex v. Dep’t of Revenue, TC 4800 (Or. Tax Ct., Sept. 17, 2012), holding that sales of electricity are sales of other than tangible personal property for Oregon apportionment purposes
SEC expands disclosure requirements for energy exploration companies (oil, gas and minerals)
- Sutherland Asbill & Brennan LLP
- -
- USA
- -
- August 30 2012
The U.S. Securities and Exchange Commission (SEC) has adopted final rules requiring oil, gas and mineral exploration companies to make annual disclosures regarding certain payments made to the U.S. government and foreign governments
Discounting of capital credits of deceased members upheld in North Carolina
- Sutherland Asbill & Brennan LLP
- -
- USA
- -
- August 15 2012
On August 8, 2012, the North Carolina Business Court held that electric cooperatives may lawfully discount capital credits of deceased members when they are retired early
Two new patronage capital cases hit Alabama coops
- Sutherland Asbill & Brennan LLP
- -
- USA
- -
- August 14 2012
Two new class action patronage capital cases were recently filed in Alabama against two different electric cooperatives: Recherche LLC v. Baldwin County Electric Membership Corp. (CV-2012-900820.00, Baldwin County, AL) and Harkless v. Dixie Electric Cooperative (CV-2012-900073.00, Macon County, AL
Federal entities face monetary penalties for reliability standards violations
- Sutherland Asbill & Brennan LLP
- -
- USA
- -
- July 24 2012
Federal entities, such as power marketing administrations (PMAs) like the Southwestern Power Administration (SWPA), may be assessed monetary penalties for violating the North American Electric Reliability Corporation’s (NERC) Reliability Standards, according to the Federal Energy Regulatory Commission (FERC
Show me the money: Florida issues TAA on inclusion of hedging receipts in sales factor
- Sutherland Asbill & Brennan LLP
- -
- USA
- -
- July 13 2012
Florida recently issued an unusual ruling that: 1.Gross receipts from hedging transactions must be excluded from the sales factor, although 2.Net receipts from output hedges are included, and 3.Net receipts from input hedges and proprietary trading are excluded
SEC announces date to consider conflict minerals rule adoption
- Sutherland Asbill & Brennan LLP
- -
- USA
- -
- July 2 2012
On July 2, 2012, the U.S. Securities and Exchange Commission (SEC) announced that it will hold an open meeting on August 22, 2012, at 10 a.m., at its headquarters in Washington, D.C., to consider adopting rules that would regulate the use of so-called “conflict minerals.”
City of Des Moines and residents in row over franchise fees
- Sutherland Asbill & Brennan LLP
- -
- USA
- -
- May 17 2012
Fees masquerading as taxes have become increasingly common
Tenth Circuit says customer is “stuck between a rock and a pile of sewage”: tying suit against city moves forward after U.S. Supreme Court declines to hear appeal
- Sutherland Asbill & Brennan LLP
- -
- USA
- -
- February 7 2012
Unlawful tying arrangements are a frequent point of contention between electric cooperatives and municipalities
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