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GeneralCounselNews.com provides legal news, industry resources, and announcements to our core audience of more than 90,000 general counsel, executives and other in-house attorneys throughout the United States. Subscribe to our free e-newsletter for the latest legal news and industry resources: https://gc-news.com/2wuUGLl There never are any fees to post, read or attend anything appearing on our site. Feel free to submit our “Post News & Events” or “Post Announcements” form and we should have your listing online within 24 hours. We are focused on providing the best customer service, results and quality experiences for our end users and advertisers.
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Potential Extension of the Construction Safe Harbor Period Is Expected“In a letter addressed to Senator Chuck Grassley, ...
06/02/2020
Potential Extension of the Construction Safe Harbor Period Is Expected : General Counsel News

Potential Extension of the Construction Safe Harbor Period Is Expected
“In a letter addressed to Senator Chuck Grassley, Chairman of the Senate Committee on Finance, Treasury indicates its intention to revise the rules governing the deadline for construction of wind and solar projects to qualify for the production tax credit (PTC) and investment tax credit (ITC). The expected revised guidance would provide much needed relief to projects struggling with construction delays due to the COVID-19 pandemic,” reports in White & Case’s Publications & Events.

https://generalcounselnews.com/potential-extension-of-the-construction-safe-harbor-period-is-expected/?utm_source=energy_alert&utm_medium=email&utm_campaign=june-01-2020

#Energy #GeneralCounselNews

“In a letter addressed to Senator Chuck Grassley, Chairman of the Senate Committee on Finance, Treasury indicates its intention to revise the rules governing the deadline for construction of wind and solar projects to qualify for the production tax credit (PTC) and investment tax credit (ITC). The...

IRS Provides Relief for Renewable Energy Developers Encountering Construction DelaysThe Internal Revenue Service (IRS) r...
06/02/2020
Energy : General Counsel News

IRS Provides Relief for Renewable Energy Developers Encountering Construction Delays
The Internal Revenue Service (IRS) recently released Notice 2020-41 (the Notice), providing important relief with respect to the beginning-of-construction requirement for the production tax credit (PTC) and the investment tax credit (ITC) for certain renewable energy facilities that have encountered construction delays as a result of the COVID-19 pandemic. As described in further detail below, the Notice provides an additional year to satisfy the “Continuity Safe Harbor” for projects that began construction in either calendar year 2016 or 2017. In addition, the Notice provides that a taxpayer will be deemed to satisfy the “3½ Month Rule” where the taxpayer paid for services or property on or after September 16, 2019, and actually receives such services or property by October 15, 2020.

https://generalcounselnews.com/category/energy/?n=/post/contentViewerEmbed.aspx?fid=7ea9a901-9b7d-46c2-8eac-c19c7b239e67&header=0&cg=gcnews

#Energy #GeneralCounselNews

FERC Proposes Clamp Down on Certain Tariff Waiver RequestsThe Federal Energy Regulatory Commission (FERC) recently issue...
06/02/2020
Energy : General Counsel News

FERC Proposes Clamp Down on Certain Tariff Waiver Requests
The Federal Energy Regulatory Commission (FERC) recently issued a Proposed Policy Statement on tariff waiver requests that will apply to both electric and natural gas companies. FERC intends to stop granting requests for retroactive waivers of tariff provisions, except if requests (1) can be couched as an exercise of FERC’s remedial authority under the Federal Power Act (FPA) or Natural Gas Act (NGA), or (2) are based on tariff provisions expressly permitting a FERC waiver.

https://generalcounselnews.com/category/energy/?n=/post/contentViewerEmbed.aspx?fid=4d90e899-c26d-4e77-9de0-bb2cf3619a35&header=0&cg=gcnews

#Energy #GeneralCounselNews

Historic Opioid Agreement Clears Way for Rural Communities to Benefit from Litigation SettlementsTYLER, Texas – A landma...
06/02/2020
Historic Opioid Agreement Clears Way for Rural Communities to Benefit from Litigation Settlements   : General Counsel News

Historic Opioid Agreement Clears Way for Rural Communities to Benefit from Litigation Settlements
TYLER, Texas – A landmark agreement between the Texas Attorney General’s office and a group of Texas counties and cities impacted by the country’s opioid epidemic paves the way for future settlement money to be directed to rural communities battling the crisis, lawyers with Tyler-based Martin Walker said Friday.

https://generalcounselnews.com/historic-opioid-agreement-clears-way-for-rural-communities-to-benefit-from-litigation-settlements/?utm_source=monday_alert&utm_medium=email&utm_campaign=june-01-2020

#Corporate #Goverment #HealthCare #Litigation #GeneralCounselNews

TYLER, Texas – A landmark agreement between the Texas Attorney General’s office and a group of Texas counties and cities impacted by the country’s opioid epidemic paves the way for future settlement money to be directed to rural communities battling the crisis, lawyers with Tyler-based Martin ...

Lawyer Convicted for Chest Bumping a Prosecutor Wins Reinstatement to Law Practice“The Louisiana Supreme Court reinstate...
06/02/2020
Lawyer Convicted for Chest Bumping a Prosecutor Wins Reinstatement to Law Practice : General Counsel News

Lawyer Convicted for Chest Bumping a Prosecutor Wins Reinstatement to Law Practice
“The Louisiana Supreme Court reinstated a lawyer Tuesday who had been suspended for a year and a day for chest bumping a prosecutor in a judge’s chambers,” reports Debra Cassens Weiss in ABA Journal’s Latest News.

https://generalcounselnews.com/lawyer-convicted-for-chest-bumping-a-prosecutor-wins-reinstatement-to-law-practice/?utm_source=monday_alert&utm_medium=email&utm_campaign=june-01-2020

#Litigation #GeneralCounselNews

“The Louisiana Supreme Court reinstated a lawyer Tuesday who had been suspended for a year and a day for chest bumping a prosecutor in a judge’s chambers,” reports Debra Cassens Weiss in ABA Journal’s Latest News.

A.G. Healey Gets $380K Settlement with Company that Failed to Hire Minority and Woman Subcontractors“Attorney General Ma...
06/02/2020
A.G. Healey Gets $380K Settlement with Company that Failed to Hire Minority and Woman Subcontractors : General Counsel News

A.G. Healey Gets $380K Settlement with Company that Failed to Hire Minority and Woman Subcontractors
“Attorney General Maura Healey has reached a $380,000 settlement with a Canton-based building contractor accused of falsely claiming they had hired minority- and women-owned subcontractors as required on a $15 million dollar state project,” reports Paul Singer and Chris Burrell in WGBH’s local news.

https://generalcounselnews.com/a-g-healey-gets-380k-settlement-with-company-that-failed-to-hire-minority-and-woman-subcontractors/?utm_source=monday_alert&utm_medium=email&utm_campaign=june-01-2020

#Arbitration #Commercial #Construction #Litigation #GeneralCounselNews

“Attorney General Maura Healey has reached a $380,000 settlement with a Canton-based building contractor accused of falsely claiming they had hired minority- and women-owned subcontractors as required on a $15 million dollar state project,” reports Paul Singer and Chris Burrell in WGBH’s local...

Your Purchase Client Has Been “Cleared to Close” By Their Lender. Not So Fast.https://generalcounselnews.com/your-purcha...
06/02/2020
Your Purchase Client Has Been “Cleared to Close” By Their Lender. Not So Fast. : General Counsel News

Your Purchase Client Has Been “Cleared to Close” By Their Lender. Not So Fast.
https://generalcounselnews.com/your-purchase-client-has-been-cleared-to-close-by-their-lender-not-so-fast/?utm_source=contract_alert&utm_medium=email&utm_campaign=june-01-2020

#Contracts #GeneralCounselNews

“The seminal moment in any real estate transaction is when the purchaser has been cleared to close by their lender, thereby removing, in most transactions, the last bar on the way to a successful closing. However, just because the lender has issued a clear to close letter, it does not mean the con...

COVID-19: Due Diligence Considerations for M&A Transactions“Buyers in M&A transactions should consider a number of due d...
06/02/2020
COVID-19: Due Diligence Considerations for M&A Transactions : General Counsel News

COVID-19: Due Diligence Considerations for M&A Transactions
“Buyers in M&A transactions should consider a number of due diligence items in response to COVID-19 and the governmental response thereto,” write Thomas W. Christopher and Alexander B. Johnson in Harvard Law School Forum on Corporate Governance.

https://generalcounselnews.com/covid-19-due-diligence-considerations-for-ma-transactions/?utm_source=contract_alert&utm_medium=email&utm_campaign=june-01-2020

#Contracts #GeneralCounselNews

“Buyers in M&A transactions should consider a number of due diligence items in response to COVID-19 and the governmental response thereto,” write Thomas W. Christopher and Alexander B. Johnson in Harvard Law School Forum on Corporate Governance.

Arbitrating in the Age of Zoom“The new norm of social distancing, and a recent decision out of the Eleventh Circuit Cour...
06/02/2020
Arbitrating in the Age of Zoom : General Counsel News

Arbitrating in the Age of Zoom
“The new norm of social distancing, and a recent decision out of the Eleventh Circuit Court of Appeals, are changing the way arbitrations are conducted. Now is the time to update the arbitration provisions in your contracts to take advantage of these changes the next time you have to arbitrate a dispute,” writes Henry R. Chalmers in Arnall Golden Gregory’s News & Insights.

https://generalcounselnews.com/arbitrating-in-the-age-of-zoom/?utm_source=contract_alert&utm_medium=email&utm_campaign=june-01-2020

#Arbitration #ArbitrationAgreement #Contracts #GeneralCounselNews

“The new norm of social distancing, and a recent decision out of the Eleventh Circuit Court of Appeals, are changing the way arbitrations are conducted. Now is the time to update the arbitration provisions in your contracts to take advantage of these changes the next time you have to arbitrate a d...

Churchill Downs to Pay $124 Million in Class Action Lawsuit Settlement“Racing and casino company Churchill Downs, organi...
05/30/2020
Churchill Downs to Pay $124 Million in Class Action Lawsuit Settlement : General Counsel News

Churchill Downs to Pay $124 Million in Class Action Lawsuit Settlement
“Racing and casino company Churchill Downs, organizer of the world-famous Kentucky Derby race, has agreed to pay $124 million to settle two class action lawsuits, according to news reports. Australian computerized gambling system and spinning reel slot machine maker Aristocrat Leisure Ltd. will pay the rest of the $155 million settlement, or $31 million,” reports Rhian Hunt in The Motley Fool’s Investing News.

https://generalcounselnews.com/churchill-downs-to-pay-124-million-in-class-action-lawsuit-settlement/?utm_source=friday_alert&utm_medium=email&utm_campaign=may-29-2020

#Arbitration #CriminalLaw #GeneralCounselNews

“Racing and casino company Churchill Downs, organizer of the world-famous Kentucky Derby race, has agreed to pay $124 million to settle two class action lawsuits, according to news reports. Australian computerized gambling system and spinning reel slot machine maker Aristocrat Leisure Ltd. will pa...

J.P. Morgan Chase Agrees to $9 Million Settlement in 401(K) Suit“J.P. Morgan Chase agreed to pay $9 million to settle al...
05/30/2020
J.P. Morgan Chase Agrees to $9 Million Settlement in 401(K) Suit : General Counsel News

J.P. Morgan Chase Agrees to $9 Million Settlement in 401(K) Suit
“J.P. Morgan Chase agreed to pay $9 million to settle allegations by current and former participants in the company’s 401(k) plan that fiduciaries violated their ERISA duties by retaining expensive investment options and failing to look for cheaper and better-performing replacements,” reports Robert Steyer in Pensions & Investments Courts.

https://generalcounselnews.com/j-p-morgan-chase-agrees-to-9-million-settlement-in-401k-suit/?utm_source=friday_alert&utm_medium=email&utm_campaign=may-29-2020

#Arbitration #Banking #Finance #GeneralCounselNews

“J.P. Morgan Chase agreed to pay $9 million to settle allegations by current and former participants in the company’s 401(k) plan that fiduciaries violated their ERISA duties by retaining expensive investment options and failing to look for cheaper and better-performing replacements,” reports ...

No More Legal Headache for Bayer as it Nears $10B Roundup Settlement“Investors suffering losses from Bayer’s Roundup leg...
05/30/2020
No More Legal Headache for Bayer as it Nears $10B Roundup Settlement : General Counsel News

No More Legal Headache for Bayer as it Nears $10B Roundup Settlement
“Investors suffering losses from Bayer’s Roundup legal woes are finally seeing a light at the end of the tunnel, as the German conglomerate is said to be nearing a final settlement that could put tens of thousands of lawsuits behind it,” reports Angus Liu in FiercePharma’s Pharma.

https://generalcounselnews.com/no-more-legal-headache-for-bayer-as-it-nears-10b-roundup-settlement/?utm_source=friday_alert&utm_medium=email&utm_campaign=may-29-2020

#Arbitration #Corporate #Litigation #GeneralCounselNews

“Investors suffering losses from Bayer’s Roundup legal woes are finally seeing a light at the end of the tunnel, as the German conglomerate is said to be nearing a final settlement that could put tens of thousands of lawsuits behind it,” reports Angus Liu in FiercePharma’s Pharma.

Sony/ATV Promotes Peter Brodsky to General Counsel and Executive VP of Business Affairs“Sony/ATV Music Publishing has pr...
05/30/2020
Sony/ATV Promotes Peter Brodsky to General Counsel and Executive VP of Business Affairs : General Counsel News

Sony/ATV Promotes Peter Brodsky to General Counsel and Executive VP of Business Affairs
“Sony/ATV Music Publishing has promoted Peter Brodsky to General Counsel and Executive Vice President, Business Affairs, the company announced Wednesday (May 27). Brodsky is based in the company’s New York office and reports directly to Sony/ATV Chairman and CEO, Jon Platt,” reported by Variety’s Music news.

https://generalcounselnews.com/sony-atv-promotes-peter-brodsky-to-general-counsel-and-executive-vp-of-business-affairs/?utm_source=friday_alert&utm_medium=email&utm_campaign=may-29-2020

#GeneralCounsel #GeneralCounselNews

“Sony/ATV Music Publishing has promoted Peter Brodsky to General Counsel and Executive Vice President, Business Affairs, the company announced Wednesday (May 27). Brodsky is based in the company’s New York office and reports directly to Sony/ATV Chairman and CEO, Jon Platt,” reported by Variet...

Lawyer Arrested After Assault Rifles, Large Drug Stash Found in His Staten Island HomePolice arrested a Staten Island la...
05/28/2020
Lawyer Arrested After Assault Rifles, Large Drug Stash Found in His Staten Island Home : General Counsel News

Lawyer Arrested After Assault Rifles, Large Drug Stash Found in His Staten Island Home
Police arrested a Staten Island lawyer in the middle of international drug-smuggling investigation, reports Jeff Bachner in New York Daily News’ NYC Crime.

https://generalcounselnews.com/lawyer-arrested-after-assault-rifles-large-drug-stash-found-in-his-staten-island-home/?utm_source=wednesday_alert&utm_medium=email&utm_campaign=may-27-2020

#CriminalLaw #Litigation #GeneralCounselNews

Police arrested a Staten Island lawyer in the middle of international drug-smuggling investigation, reports Jeff Bachner in New York Daily News’ NYC Crime.

Two Texas Lawyers Tried to Hire Undercover Cop to Kill an Ex-Husband“A well-known Waco, Texas defense lawyer, who once r...
05/28/2020
Two Texas Lawyers Tried to Hire Undercover Cop to Kill an Ex-Husband : General Counsel News

Two Texas Lawyers Tried to Hire Undercover Cop to Kill an Ex-Husband
“A well-known Waco, Texas defense lawyer, who once ran for county district attorney, sat behind bars on Saturday after a local police sting allegedly caught him plotting to kill a colleague’s ex-husband using a hitman,” reports Blake Montgomery and Olivia Messer in MSN News’ Crime.

https://generalcounselnews.com/two-texas-lawyers-tried-to-hire-undercover-cop-to-kill-an-ex-husband/?utm_source=wednesday_alert&utm_medium=email&utm_campaign=may-27-2020

#CriminalLaw #Litigation #GeneralCounselNews

“A well-known Waco, Texas defense lawyer, who once ran for county district attorney, sat behind bars on Saturday after a local police sting allegedly caught him plotting to kill a colleague’s ex-husband using a hitman,” reports Blake Montgomery and Olivia Messer in MSN News’ Crime.

Lawyers Who Asked for Fees 40x the Settlement they Negotiated Dealt $280K Blow“Plaintiffs lawyers shouldn’t have been aw...
05/28/2020
Lawyers Who Asked for Fees 40x the Settlement they Negotiated Dealt $280K Blow : General Counsel News

Lawyers Who Asked for Fees 40x the Settlement they Negotiated Dealt $280K Blow
“Plaintiffs lawyers shouldn’t have been awarded $280,000 for negotiating a $15,000 settlement, a Los Angeles appeals court has ruled,” reports John O’Brien in Legal Newsline Stories.

https://generalcounselnews.com/lawyers-who-asked-for-fees-40x-the-settlement-they-negotiated-dealt-280k-blow/?utm_source=wednesday_alert&utm_medium=email&utm_campaign=may-27-2020

#Arbitration #LawFirmManagement #GeneralCounselNews

“Plaintiffs lawyers shouldn’t have been awarded $280,000 for negotiating a $15,000 settlement, a Los Angeles appeals court has ruled,” reports John O’Brien in Legal Newsline Stories.

Contis, Hires Businesswoman of the Year as General Counsel & Chief Risk Officer“Spearheading growth in the fintech secto...
05/28/2020
Contis, Hires Businesswoman of the Year as General Counsel & Chief Risk Officer : General Counsel News

Contis, Hires Businesswoman of the Year as General Counsel & Chief Risk Officer
“Spearheading growth in the fintech sector, payments innovator Contis is delighted to announce the appointment of Lara Oyesanya FRSA as its first General Counsel and Chief Risk Officer. Lara joins the Executive Team with responsibility for legal, risk, compliance & fraud, and human resources,” as reported in Yahoo Finance’s News.

https://generalcounselnews.com/contis-hires-businesswoman-of-the-year-as-general-counsel-chief-risk-officer/?utm_source=wednesday_alert&utm_medium=email&utm_campaign=may-27-2020

#GeneralCounsel #GeneralCounselNews

“Spearheading growth in the fintech sector, payments innovator Contis is delighted to announce the appointment of Lara Oyesanya FRSA as its first General Counsel and Chief Risk Officer. Lara joins the Executive Team with responsibility for legal, risk, compliance & fraud, and human resources,” a...

Why This Lawyer Increased His Fees During the COVID-19 PandemicLawyer, Robert Theofanis launched his estate planning pra...
05/23/2020
Why This Lawyer Increased His Fees During the COVID-19 Pandemic : General Counsel News

Why This Lawyer Increased His Fees During the COVID-19 Pandemic
Lawyer, Robert Theofanis launched his estate planning practice in mid-2019. His “plan was to start off with below-average fees and by the end of the first year increase them to the high end of the market,” discusses Theofanis in ABA Journal’s Your Voice.

https://generalcounselnews.com/why-this-lawyer-increased-his-fees-during-the-covid-19-pandemic/?utm_source=friday_alert&utm_medium=email&utm_campaign=may-22-2020

#LawFirmManagement #GeneralCounselNews

Lawyer, Robert Theofanis launched his estate planning practice in mid-2019. His “plan was to start off with below-average fees and by the end of the first year increase them to the high end of the market,” discusses Theofanis in ABA Journal’s Your Voice.

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Complimentary webinar: General Counsel: 3 steps to modernise your legal department https://resources.apperio.com/apperio-webinar-2018-05-general-counsel-3-ways-to-modernise-your-legal-department
CETA is laying down rules for the restoration of patents and lodging appeals for pharmaceutical products. This may increase consumer prices and may include early launch of innovative medicines on the Canadian market. However: These are important changes for pharmaceutical companies!
Apple wins vs Qualcomm: Important patent and royalty decisions! Qualcomm loses two key rulings in its patent royalty fight.