Global Trends Favor Increased Use of Leasing Structures in Project Finance Transactions
Dean M. Colucci of Cadwalader, Wickersham & Taft LLP
Introduction A number of trends are occurring domestically and internationally in the broad area of project and .
Emerging Legislative and Regulatory Considerations:
Andrew R. Wallace of Day Pitney LLP
Introduction As state and federal legislators intensify their efforts to restructure the electric utility indus.
The Double Edged Sword of Equating Supply and Demand
Allen W. Williams of Foley & Lardner LLP
After California's recent experience, the many investment opportunities created by the utility industry deregulation are in jeopardy. Electric system reliability is a political necessity. The reverberations from California's rolling black-outs have stalled the trend to generation market deregulation which seemed so inevitable just two years ago. The seismic waves even threaten to cause states which have started their deregulation to reverse that process.
U.S. Reacts Cautiously to Obuchi Nomination
Paul, Hastings, Janofsky & Walker LLP
The Clinton Administration has reacted cautiously to the news that the LDP nominated current Foreign Minister .
Securitization--in Depth: State Legislation and Legislative Process
Richard J. Wasserman of Day Pitney LLP
Introduction Overview Often as part of a comprehensive electric industry restructuring framework, state enab.
FERC Reaffirms and Clarifies Groundbreaking Rules on Open Access Transmission, Recovery of Stranded Investment and Operation of Open Access Same Time Information Systems
Paul, Hastings, Janofsky & Walker LLP
In an order largely reaffirming its landmark final rules on open access transmission and recovery of stranded investment, the Federal Energy Regulatory Commission ("FERC") issued Order No. 888-A to confirm its commitment to spur competition in the wholesale market for electric power (FERC Stats. & Regs., ¶ 31,048 (1997)).
The Power to do Anything
Richard G. Stock and Patricia Byrne of Lexpert
Deregulation of the electricity sector in Alberta is creating fierce competition among industry participants. One of the chief players is ENMAX Corporation, the 90-year old wholly-owned City of Calgary utility. Its challenge: to transform itself from a distribution and transmission monopoly into a nimble, competitive and profitable energy company with a diverse product base.
Anticipating Electricity Deregulation in Leases
Matthew L. Kimball of Niles, Barton & Wilmer, LLP
At both the federal and state levels, the electric industry is undergoing profound changes as a result of deregulat.
Enron--Its Promise and Its Legacy
Allen W. Williams of Foley & Lardner LLP
Much of what Enron stood for involves important policy issues and initiatives which should not necessarily be buried with its name. As well, its legacy should be more than a knee jerk cremation. Leadership will be required to avoid having some of the important policy initiatives and novel business approaches for which Enron was carrying water thrown out because of the water boy.
Restructuring Ontario's Electricity Industry: A Legal Cornucopia Awaits
Bill Reno of Lexpert
For the last hundred years or so, it has all been so simple.
What Prompted Airline Deregulation 20 Years Ago? What Were the Objectives of That Deregulation and How Were They Achieved?
John W. Barnum of McGuireWoods LLP
In 1938, when the Civil Aeronautics Act was passed, there were 16 trunk airlines in the United States. "Trunk" was the generic name for the common carriers that provided scheduled national and international air service. Government assistance through protection, subsidy, promotion and regulation was thought to be necessary to permit the new industry to develop.
WTO Talks To Continue in Geneva after Seattle Failure
Paul, Hastings, Janofsky & Walker LLP
The failure this month of the Seattle Ministerial this month effectively ends the prospects for a comprehensive rou.
Utility Industry Deregulation Stimulates New Product and Service Offerings for the Healthcare Industry
Michael A. Walker of Buchanan Ingersoll & Rooney PC
Deregulation of the electric and gas utility industry is creating new opportunities for the healthcare industry to .
Major California Legislation Enacted in 1997 Relating to Energy
Pillsbury Winthrop Shaw Pittman LLP
ENERGY Legislation of Interest-Reporting Obligations In response to the deregulation of electricity generati.
Clinton Administration Releases Semi-Annual Report on the U.s.-Japan Auto Agreement
Paul, Hastings, Janofsky & Walker LLP
Yesterday the Clinton Administration released its fifth semi-annual report on the U.S.-Japan Automotive Agreement which calls on Japan to "take concrete steps to further open and deregulate its automotive sector.
Congressional Resolutions on Deregulation of Japan's Markets
Paul, Hastings, Janofsky & Walker LLP
On July 20, the U.S. House of Representatives approved Rep. Doug Bereuter's (R-Nebraska) resolution (H.Res. 39.
Congress Tackles Legal Issues in Implementing Electric Utility Deregulation
Mark A. Collins of Carr Maloney P.C.
Proponents of electric utility deregulation promise increased consumer choice, reduced prices, industry innovation,.