ECONOMIC REGULATION: DEFINING STRATEGIES FOR POSITIVE OUTCOMES

ENERGY

We have represented clients in energy matters ranging from sophisticated transactions and strategic counseling to complex federal court litigation and routine rate hearings at federal and state agencies. We have particular expertise in the issues arising in the transition from a regulated to a deregulated industry, most recently in the electricity industry.

We have advised and represented a diverse group of clients from all segments of the energy industry, including investor-owned electric and gas utilities, public power entities, marketers, energy service companies, local distribution companies, owner of companies with nuclear power plants, large industrial customers, a nationwide trade association, regulatory commissions, and project investors and lenders throughout North America.

Our energy clients also benefit from the firm's broad experience in handling corporate governance issues, litigation and regulatory matters involving other industries.

Some significant energy matters include the following:

• Federal preemption and Price-Anderson Act matters.
  
  
• Defense of "buyer's remorse" suit seeking to void $850 million contract to buy generation assets.
  
  
• Representation of a major investor-owned utility in a complex FERC merger proceeding.
  
  
• Advice to energy clients with respect to strategy and constitutional issues arising in the transition to wholesale and retail competition;
  
  
• Development of economic testimony presented to FERC and state commissions to support the recovery of stranded costs and representation of a coalition of investor-owned utilities with respect to the Public Utility Regulatory Policies Act;
  
  
• Representation of a large multi-plant industrial company in complex negotiations with energy service providers.