18Dec
FERC Clarifies FPA Section 203 Authorization Requirements Prior to Acquisition of a Utility’s Operational Management Responsibilities
On December 2, 2020, FERC clarified that when an entity with passive equity holdings in a company later wants to assume operational responsibilities over the company, the entity must obtain authorization under Federal Power Act (“FPA”) section 203 prior to the assumption of operational management responsibilities. FERC’s December 2 order on rehearing modified the discussion in a May 29, 2020 order in the proceedings approving Tenaska Lotus Holdings, LLC’s (“Tenaska Lotus”) assumption of rights...
By:
Troutman Pepper
Related
In a recent decision in Inferno Restaurant & Pizzeria, Inc. v SW Michaels Pizzeria, Inc., 2019 NY Sl...
Read More >
Overview of mergers and acquisitions (M&A) market in Singapore - Singapore was one of the first cou...
Read More >
Upending recent precedent, the National Labor Relations Board, yesterday, proposed a rule that, if a...
Read More >
On June 24, 2019, the Department of Labor made public its long-awaited proposed rule establishing a ...
Read More >
Company Subjected Employee to a Hostile Work Environment Based on His Race, Color, National Origin a...
Read More >
And it's a long list. The following cities and counties in California will increase their minimum w...
Read More >