Thursday, August 25, 2016

California Continues to Lead Fight against Climate Change

By Jim Berger, in Los Angeles

The California Senate passed SB32 yesterday, which codifies an executive order Gov. Brown issued on April 29, 2015 establishing the most ambitious greenhouse gas reduction target in North America.  The legislation is intended to make it more difficult for Gov. Brown’s successor to back off of his aggressive emission reduction goals.

Thursday, August 18, 2016

#TBT: Basics of Construction Contracts


This post is part of an occasional series highlighting a project finance article or news item from the past. It is often interesting and thought provoking to look back on these items with the perspective of months, years or decades of further experience. 

With this installment, we turn to a transcript that was first published in the Project Finance NewsWire in June 20015 and features Paul Weber, partner in Chadbourne's project finance group.



Chadbourne conducts regular training sessions for younger lawyers on issues that come up in project finance transactions. The following is the transcript from a training session in April on construction contracts. The speaker is Paul Weber, a project finance partner in the New York office. 

Monday, August 15, 2016

Massachusetts Law Authorizes Energy Storage Mandate


By Deanne Barrow, in Washington


Massachusetts could have an energy storage mandate in less than a year following a new law signed by Governor Charlie Baker last week. 

An Act Relative to Energy Diversity (H. 4568) instructs the Department of Energy Resources (DOER) to determine whether to set targets for electric companies to procure viable and cost-effective energy storage systems by the end of 2016. If the DOER decides that procurement targets are appropriate, then it must adopt the targets by July 1, 2017. Utilities will then have until January 1, 2020 to comply. 


Thursday, August 4, 2016

#TBT: Training Session: Material Adverse Change Clauses


This post is part of an occasional series highlighting a project finance article or news item from the past. It is often interesting and thought provoking to look back on these items with the perspective of months, years or decades of further experience. 

With this installment, we turn to a transcript that was first published in the Project Finance NewsWire in April 2002 and featuring Charles E. Hord, III, partner in Chadbourne's Corporate practice and Peter K. Ingerman, of counsel in Chadbourne's Corporate practice.



Training Session: Material Adverse Change Clauses

Chadbourne runs internal training sessions for lawyers in the project finance group and interested clients.  The following is an edited transcript of a session on material adverse change clauses in corporate transactions, principally mergers and acquisition transactions, that took place by videoconference in mid-March among the Chadbourne offices in New York, Washington and London.  The speakers are Peter Ingerman and Charles Hord in the New York office.  Copies of the handouts used for the presentation can be obtained by sending an e-mail to pingerman@chadbourne.com or chord@chadbourne.com.