Media Mentions
2012
“FERC Likely to Rule Soon on Duke-Progress Rehearing”
The Deal Pipeline, February 3, 2012
Jeffrey (Dan) Watkiss stated that the Federal Energy Regulatory Commission will likely take into account the time sensitivity of a request by Duke Energy and Progress Energy to rehear a ruling that has stalled their $13.7 billion merger, and is not likely to let a decision linger.
Jeffrey D. Watkiss, Energy Advisory
“People in Business”
Houston Chronicle, January 27, 2012
Brad Gathright’s promotion to partner in McDermott’s Houston office was noted. Mr. Gathright advises energy industry clients on project development, finance and general corporate matters.
Brad Gathright, Energy Advisory
“Swaps Traders Fret Over Lack of SEF Rules”
Financial News, January 19, 2012
Jeffrey (Dan) Watkiss said that because registration of commodity swap execution facilities (SEFs) “has not been fully worked out” by the Commodity Futures Trading Commission, “the current registration process would mean that the first SEFs out of the gate will achieve market share faster than those who come later.”
Jeffrey D. Watkiss, Energy Advisory
“Tips for Handling the Tricky Parts of Solar Projects”
Law360, January 13, 2012
David Schumacher suggested “it’s not always the case” that environmental activists and local governments welcome solar power installations, so developers should “get stakeholders involved in the process early. You’re not going to pull a fast one on these people.” Sergio Pozzerle (EA-HOU) cited another issue, saying that without state incentives for utilities to use renewable power, “it makes more sense for them to buy other types of energy” that cost less. Mr. Pozzerle recommended that solar developers overcome this by demonstrating they are creditworthy and use proven technologies, saying “those are the intangibles that come into play, all else being equal.”
Sergio A. Pozzerle, David Schumacher, Energy Advisory
2011
“Power Circuit: Morgan Lewis Loses One Partner, Gains Another”
Washingtonian, November 30, 2011
Christopher May, Rita Weeks, David Crump, Alison Levin Nadel, Nathaniel Dorfman, Caroline Hong Ngo, Timothy Shuman, Amy Hooper Kearbey, Joanna Kerpen were cited as the Firm’s ten new Washington, D.C. partners effective January 1, 2012. The article also said that the Firm welcomed a new partner from Morgan Lewis & Bockius, Karol Lyn Newman who has joined the Energy Advisory practice.
David O. Crump, Nathaniel J. Dorfman, Amy Hooper Kearbey, Joanna C. Kerpen, Christopher L. May, Alison Levin Nadel, Karol Lyn Newman, Caroline Hong Ngo, Timothy S. Shuman, Rita Weeks, Employee Benefits, Energy Advisory, Health, Intellectual Property, International Tax, IP Litigation, Patent Prosecution, Tax
“Big Wind Aims to Crash PE, Oil Cos.’ Partnership Party”
Law360, November 30, 2011
Blake Winburne commented that one reason why wind energy developers are looking for new financing sources (such as master limited partnerships) is that “investment returns are falling in the wind business and private equity is investing less… In private equity, everything is based on returns.”
Blake H. Winburne, Energy Advisory
“McDermott, Venable Add Lawyers to Energy Groups”
Washington Post, November 27, 2011
Karol Lyn Newman became the fourth partner added to McDermott’s global energy practice in the past four months, as she joined the Washington office to advise natural gas and other energy clients on regulatory matters.
Karol Lyn Newman, Energy Advisory
“The Churn: Lateral Moves and Promotions in the AmLaw 100”
AmLaw Daily, November 23, 2011
Karol Lyn Newman was noted as new partner in the Firm’s Washington, DC Energy Advisory group. Ms. Newman’s natural gas regulatory focus emphasizes issues involving liquefied natural gas, coal gasification, and natural gas storage and transportation projects. She also represents clients before Congress and federal regulators at the Departments of Energy and the Interior, and the Environmental Protection Agency.
Karol Lyn Newman, Energy Advisory
“McDermott Will & Emery Powers Up with New Hire”
POLITICO, November 22, 2011
Karol Lyn Newman, as a new Energy Advisory group partner, not only represents the legal interests of energy companies, private equity investors and power and gas interests, she also has represented a major utility supplier of electric power and natural gas service.
Karol Lyn Newman, Energy Advisory
“In Hot Market, Energy Lawyers Jumping Between D.C. Law Offices”
Blog of Legal Times, November 22, 2011
Karol Lyn Newman, who was described as a “go-to natural gas regulatory partner,” joined McDermott’s Washington office. Ms. Newman called the move “an amazing fit” that “blends the strength of my regulatory practice with McDermott’s internationally recognized transactions practice in the energy area.”
Karol Lyn Newman, Energy Advisory
“McDermott Boosts Germany with Double Partner Hire as London IP Head Leaves”
Legalweek.com, October 20, 2011
Michael Ruoff, who focuses on renewable energy projects and transactions and formerly was with a German project development company, joined McDermott’s Munich office as a partner and head of the Firm’s German energy practice. Also in Germany, Holger Weiss came to the Firm’s Duesseldorf office as a corporate and real estate partner focusing on complex real estate transactions and related financing and tenancy law.
Michael Ruoff, Holger Weiß, Corporate, Energy Advisory
“Low Prices, Expiring Hedges Spur Default Worries”
Platts Megawatt Daily, October 17, 2011
Iskender “Alex” Catto predicted that, because of low natural gas prices, “merchant power generators are headed for a cliff, and many will reach that cliff when their hedges [on gas prices] roll off.” Mr. Catto noted that many of those hedges were put in place in 2007 and 2008 when natural gas prices were high, and if smaller generators “have debt coming due, and they cannot refinance, … when they look beyond the hedge there is nothing to give them hope.” As a result, he concluded, the industry is at “just the beginning” of a series of mergers and acquisitions involving troubled merchant power plants.
Iskender H. Catto, Energy Advisory
“Movers and Shakers”
The Deal Pipeline, October 7, 2011
Jeffrey “Dan” Watkiss was noted as a new partner with the energy advisory practice in the Firm’s Washington office.
Jeffrey D. Watkiss, Energy Advisory
“Troubled Power Plants Face Uncertain Future”
Law360, October 6, 2011
Iskender “Alex” Catto predicted that “a sea change in the current and forward price of natural gas” toward “absolutely flat” pricing will mean that small- to medium-sized independent electric power plants “will struggle mightily as their hedges run off and they’re forced to pay their debts as they come due.” Mr. Catto said this means “there will be a change of control” at many such plants as buyers “will be getting them at market value today.”
Iskender H. Catto, Energy Advisory
“Washington Area Appointments and Promotions for the Week of Sept. 26”
Washington Post, September 25, 2011
Jeffrey (Dan) Watkiss was cited as a new partner in McDermott’s Energy Advisory practice, based in Washington.
Jeffrey D. Watkiss, Energy Advisory
“D.C. Moves”
National Law Journal, September 19, 2011
Jeffrey (Dan) Watkiss was noted as a new partner with McDermott’s energy advisory practice in Washington. He has particular experience providing regulatory and compliance guidance to power and natural gas companies.
Jeffrey D. Watkiss, Energy Advisory
“PE-Backed Highpoint Gas Buys Louisiana Assets from El Paso Corp. Unit”
The Deal Pipeline, September 16, 2011
Blake Winburne counseled Boston private equity firm ArcLight Capital Partners on its role in a partnership with a midstream energy services provider to buy 621 miles of natural gas pipeline assets. The Federal Energy Regulatory Commission must approve the deal.
Blake H. Winburne, Energy Advisory
“The Churn: Lateral Moves and Promotions in the AmLaw 200”
AmLaw Daily, September 13, 2011
Jeffrey “Dan” Watkiss was noted as a new partner in the energy advisory practice of McDermott’s Washington office, focusing on the regulatory and compliance representation of power and natural gas companies.
Jeffrey D. Watkiss, Energy Advisory
“Bracewell Energy Pro Joins McDermott’s DC Office”
Law360, September 12, 2011
Jeffrey “Dan” Watkiss, who represents energy companies in transactional and compliance matters, cited the complementary strengths of McDermott’s antitrust and intellectual property practices as reasons for his decision to join the Firm’s Washington office as a partner. Blake Winburne, head of McDermott’s energy advisory practice group, called Mr. Watkiss “a highly respected, senior member of the energy regulatory bar.” It was noted that Iskender “Alex” Catto had previously joined the energy advisory group in the New York office.
Jeffrey D. Watkiss, Energy Advisory
“Movers – Laterals”
National Law Journal, August 29, 2011
Iskender Catto was noted as a new partner in the energy advisory practice of the Firm’s New York office, focusing his practice on client representation in the electric power industry.
Iskender H. Catto, Energy Advisory
“Oil Matters”
Platts.com, August 23, 2011
Iskender “Alex” Catto explained why “you can already see merchant power plants that are in trouble,” including those that changed hands in 2007-2008 when natural gas prices peaking at $14/mmbtu were figured into the asset's purchase price. These plants were “valued at being able to produce power at a certain price” which included spot natural gas purchases. Now, with natural gas at $4/mmbtu, power sales hedged five years ago based on amounts approaching the $14 natural gas price are on the verge of expiring. Click here to hear the audio podcast.
Iskender H. Catto, Energy Advisory
“McDermott Makes Lateral Hire in New York”
Global Energy Review, August 12, 2011
Iskender (Alex) Catto commented on his decision to join McDermott as partner in the New York office, saying the Firm “is committed to growing and building on its already exceptional energy platform and I could not resist the opportunity to be part of this growth.” Mr. Catto noted that he is “greatly impressed” by McDermott’s energy focus.
Iskender H. Catto, Energy Advisory
“The Churn: Lateral Moves and Promotions”
AmLaw Daily, August 9, 2011
Iskender Catto was cited for his move to McDermott as an energy advisory partner. Mr. Catto focuses on electric power industry matters.
Iskender H. Catto, Energy Advisory
“Who’s In, Who’s Out”
Deal Pipeline, August 8, 2011
Iskender Catto was noted for joining McDermott’s New York office as a partner in the energy advisory practice. Among many other matters, Mr. Catto helped counsel Constellation Energy on its $7.9 billion merger with Exelon.
Iskender H. Catto, Energy Advisory
“McDermott Snags Kirkland Energy Transaction Pro”
Law360, August 8, 2011
Iskender “Alex” Catto cited McDermott’s global platform, which “allows me greater capabilities, not just domestically but internationally,” as a key reason for his decision to join the Firm’s energy advisory practice group. Mr. Catto, who counsels energy industry clients on a wide range of business transactions and matters, said that “the opportunity to join McDermott was something that I just could not pass up, especially at this time. They’ve already got a strong commitment to energy on a global scale. They’re looking at energy as a sector focus.”
Iskender H. Catto, Energy Advisory
“Doubling Down on Market Manipulation Enforcement”
Law360, April 28, 2011
Carrie Amezcua, Jon Dubrow, Blake Winburne and Gregory Heltzer described the growing trend of federal regulatory agencies sharing nonpublic information for law enforcement purposes. They noted the danger that “a party to a CFTC investigation may not be focused on the possible antitrust issues lurking in the documents submitted to that agency,” but those documents “could raise independent antitrust issues if reviewed by an antitrust regulator at the FTC.” The authors warned companies submitting confidential information to those two agencies that such material could be shared for “enforcing different sets of laws and regulations.”
Carrie G. Amezcua, Jon B. Dubrow, Gregory E. Heltzer, Blake H. Winburne, Antitrust & Competition, Energy Advisory
“Practice Spotlight: Andrea S. Kramer”
Thomson Reuters “Business Law Currents,” April 19, 2011
Andrea Kramer outlined post-Dodd-Frank Act trends in the derivatives markets. She singled out “the different clearing systems that are currently being debated with the regulators [which] could give us very different tax results. [T]he tax trends we are seeing now are basically following the ways in which the markets are moving and how they are being regulated. That will shape how the tax rules ultimately apply.” In this and other areas, the “CFTC is moving faster than the speed of sound with proposed regulations and rules, while the SEC is moving with much more caution.” Ms. Kramer noted that most affected by Dodd-Frank will be transactions “that are customized, highly structured and that have a special business purpose.”
Andrea S. Kramer, Derivatives, Structured Finance and Financial Products, Energy Advisory, Tax
“Northern Trust Helps Institutional Clients Navigate Dodd-Frank Act’s Impact on Derivatives”
Business Wire, February 25, 2011
Andrea Kramer participated in a webinar sponsored by Northern Trust for some 100 participants, and spoke on how the Dodd-Frank Act’s provision for central clearing of derivatives will affect such buy-side institutions as U.S. public and private pension funds and corporate treasury desks.
Andrea S. Kramer, Derivatives, Structured Finance and Financial Products, Energy Advisory, Structured Finance and Derivatives
“Mini-Book Review: Energy and Environmental Project Finance Law and Taxation”
EBA Update, Winter 2011
Andrea Kramer is noted as co-editor and chapter co-author of this highly praised 948-page treatise. “Tax law is made not only understandable, but interesting,” the reviewer stated, citing this example from one of Ms. Kramer’s chapters: “Financial product tax rules … enacted in direct response to perceived taxpayer abuses … create ‘traps for the unwary’ because such tax provisions are often drafted broadly, sweeping in legitimate transactions.”
Andrea S. Kramer, Energy Advisory, Financial Products, Trading & Derivatives, Tax
“Aggressive Advice and Useful Warnings at Hedge Fund Meetings”
Tax Analysts, January 12, 2011
Andrea Kramer discussed the uncertainty that has arisen in the taxation of derivatives, because the Dodd-Frank Act has defined 21 types of swap contracts compared to the seven defined in Section 1256 of the Internal Revenue Code. These additional swaps may or may not become futures contracts when they are cleared on exchanges. Ms. Kramer noted that regulators and interested parties are having a vigorous debate in Washington about defining what kinds of operations can perform clearing.
Andrea S. Kramer, Energy Advisory, Energy Tax, Financial Products, Trading & Derivatives
2010
“Practitioners Pleased with Final Nuclear Decommissioning Fund Regs”
Tax Analysts, December 23, 2010
Martha Groves Pugh predicted that companies in the nuclear energy utility industry would be pleased with new IRS nuclear decommissioning fund rules. “The IRS and Treasure were very responsive to the concerns of the industry about the provisions in the earlier regs,” she said. Ms. Pugh added that she did expect an IRS clarification on schedule of ruling amounts (SRA) related to requested plant license extensions.
Martha Groves Pugh, Energy Advisory, Global Renewable Energy, Emissions and New Products
“Power Circuit”
Washingtonian.com, December 15, 2010
Matthew Leland (complex litigation and political law), Christina Ondrick (intellectual property litigation) and David Ransom (regulatory and government) have all been elected to McDermott’s partnership from the Firm’s Washington, D.C. office.
Matthew M. Leland, Christina A. Ondrick, David Ransom, Energy Advisory, Government Strategies, IP Litigation, Trial
“Experts Fear Court Could Chill DOE/University Pacts”
Inside Energy, December 6, 2010
Carey Jordan said that a case before the Supreme Court involves whether universities own patent rights to federally funded energy projects as stipulated by the Bayh-Dole Act. “From a clean-tech perspective, if you get [federal] funding … then you have to think about … what your assignments look like” if the Court rules against university ownership, she warned. Ms. Jordan noted that, whoever wins the case, research contracts should define IP rights more clearly. “Inventors are going to have to be very careful of the documents they’re signing … [For those] working at … small businesses and universities, their assignment agreements will be much tighter.”
Carey C. Jordan, Energy Advisory, Intellectual Property
“Italy: hottest PV market in Europe in 2011”
Bloomberg New Energy Finance, 10 November 10
Carsten Steinhauer was quoted in an article which looks at Italy topping the European PV markets in 2011 in terms of year-on-year growth and returns available to PV project equity investors.
Carsten Steinhauer, Energy - Italy, Energy Advisory, European Energy, Italy
“Community Leader K. Sujata Named Chicago Foundation for Women President”
CFW.org, October 27, 2010
Andrea Kramer, who chaired the Foundation’s Search Committee, said that the candidate chosen “has the drive to lead our fundraising efforts and the depth of experience to help direct those funds where they're needed most to help grantees improve the lives of women and girls in our communities.”
Andrea S. Kramer, Energy Advisory, Tax
“McDermott Poaches Haynes & Boone Antitrust Partner”
Law360, October 12, 2010
Alison Smith discussed her move to McDermott to become a competition law partner in the Firm’s Houston office (also discussed October 12 in Oil & Gas Financial Journal). “McDermott is a very strong player in my area of practice,” said Ms. Smith, who focuses on antitrust, white collar defense and other complex business litigation issues. “It is a top opportunity to work with both their national and international platform in antitrust, but also to help build the Houston office.” Ms. Smith also has been Deputy Assistant Attorney General in the Antitrust Division, and said that she finds private sector practice to be “very client focused. … [Y]ou have a close relationship with the clients and are obligated to protect their interests.”
Alison L. Smith, Antitrust & Competition, Antitrust Litigation, Energy Advisory, Securities, White-Collar & Securities Defense
Andrea Kramer was quoted in Platts Commodity News (September 13) regarding the Dodd-Frank Act's impact on over-the-counter derivatives markets. Ms. Kramer predicted major impact from the forthcoming definition of major swap participants that are covered by the new rules and end users that are not. "We're going to see what the definitions look like and we might be surprised," she stated. "The differences between an end user and a major swap participant are breathtaking."
Andrea S. Kramer, Energy Advisory
Andrea Kramer was featured in an August 31 Chicago Daily Law Bulletin story about a new book that she has assembled and contributed to, which is the first text to summarize the legal and financial know-how to develop “green” energy sources. “This is really a book that is addressing the cutting edge of change,” Ms. Kramer said of Energy and Environmental Project Finance Law and Taxation. “It can be of interest to someone who just has a casual interest in how green and renewable markets work. It can also be a guide for people who want to actually put together these types of projects.” Saying that the renewable energy book tells “what are the risks; what are the projects you can use to hedge them; how you would hedge them,” Ms. Kramer added: “Nobody else had done it. That’s what prompted me to think this was worth a new book.”
Andrea S. Kramer, Energy Advisory, Global Renewable Energy, Emissions and New Products
Andrea Kramer was cited in a July 22 Risk.net article on the impact that the Dodd-Frank financial reform act will have on over-the-counter derivatives trading. Ms. Kramer stated that regulatory agencies like the Commodity Futures Trading Commission (CFTC) “won’t just implement the act, they will craft the new regulations – and with limited regulatory guidance.” One area where regulations are needed relates to “end users,” which as non-financial entities can elect not to clear swaps but must notify the CFTC how they will meet the financial obligations such swaps create.
Andrea S. Kramer, Energy Advisory, Structured Finance and Derivatives
“Leading Energy Law Partner Appointed to London Office”
Environment Times, 1 July 2010
David Birchall is quoted in an article about joining McDermott. Mr Birchall commented: "McDermott's U.S. and European practices allows me to change the emphasis of my career towards new markets at a fascinating time given the rapidly expanding scope of energy projects".
David Birchall, Energy Advisory, London
Carsten Steinhauer was quoted in an article published byProject Finance Magazine (1 May 2010) which looks at Italian PV solar projects and the period of uncertainty as the Italian government backs away from the most attractive feed-in tariffs in Europe.
Carsten Steinhauer, Corporate, Energy - Italy, Energy Advisory, European Renewable Energy, Italy, Mergers & Acquisitions
Sergio Pozzerle was named on April 13 to Law360’s list of 10 energy lawyers under 40 to watch. The recognition cited Mr. Pozzerle’s handling of both traditional power projects and renewable energy matters, involving a variety of high-profile, high-value client assignments. Mr. Pozzerly called the energy area “good fertile ground for a young partner who can be creative and think outside the box,” and added: “Every project is a little bit different, and there’s hardly ever a cookie-cutter project. The more you understand the technical and commercial aspects of [the] industry, that will enable you to come up with unique solutions to unique problems.” Mr. Pozzerle advised other young attorneys who aspire to become partners to “make yourself essential. That’s what results in making an attorney a partner – by providing a service no one else can.”
Sergio A. Pozzerle, Energy Advisory
Blake Winburne, Matt Archer, Brad Gathright and Kimberly Glasspool were all mentioned in Texas Lawyer on April 12 as having joined the energy and commodities practice group of McDermott’s Houston office – Mr. Winburn and Mr. Archer as partners, Mr. Gathright and Ms. Glasspool as associates.
Matt Archer, Brad Gathright, Kimberly Brame Glasspool, Blake H. Winburne, Energy Advisory
Carey Jordan and Iona Kaiser were mentioned by Texas Lawyer on March 1 as having joined McDermott’s Houston office as partners.
Carey C. Jordan, Iona Kaiser, Energy Advisory, Intellectual Property
Carsten Steinhauer was ranked in a TopLegal energy survey (February 2010). Overall, McDermott was ranked in the survey by both the number of practicing energy lawyers and a snapshot of specialist firms.
Carsten Steinhauer, Energy - Italy, Energy Advisory, European Energy, Global Renewable Energy, Emissions and New Products, Italy
Blake Winburne and Matt Archer are both mentioned in a February 22 National Law Journal story that notes that the two lawyers have become partners in McDermott’s Houston office. Mr. Winburne will focus on transactions involving electric power and renewable energy, while Mr. Archer’s practice emphasis will be on energy project development and finance.
Matt Archer, Blake H. Winburne, Energy Advisory
Blake Winburne was included in a February 9 Oil & Gas Investor story (which also appeared in Oil and Gas Financial Journal and the Houston Chronicle) that covered his move to McDermott to become a partner in the Energy & Commodities Advisory Practice Group in McDermott’s Houston office. Joining Mr. Winburne in the move were partner Matt Archer and associates Brad Gathright and Kimberly Glasspool. The four lawyers will focus on energy project development, finance, and mergers and acquisitions. Speaking for his three colleagues, Mr. Winburne said, “We are thrilled with the opportunity to join McDermott and continue the firm’s commitment of service to the global energy industry.”
Matt Archer, Brad Gathright, Kimberly Brame Glasspool, Blake H. Winburne, Energy Advisory
Andrea Kramer’s recent ABA Section on Taxation presentation about pending changes for regulation of derivatives transactions was summarized in the February 1 issue of Tax Notes. Ms. Kramer noted that most financial, energy and electrical derivatives are now excluded from CFTC regulation. Legislation passed by the House of Representatives late in 2009 continued to exclude from regulation and exchange clearance those transactions that are intended to be physically settled. But Ms. Kramer said it is unclear whether this exclusion will cover electricity contracts for which physical delivery does not occur.
Andrea S. Kramer, Energy Advisory, Tax
Carey Jordan and other members of her team of legal and technology professionals (partner Iona Kaiser and scientific adviser Kristen Mittelman) were all mentioned in stories by North American Windpower (January 14) and Texas Lawyer (January 18) about their move to McDermott’s Houston office. They will focus on intellectual property portfolio management and transactions in the cleantech, energy and chemical industries.
Carey C. Jordan, Iona Kaiser, Energy Advisory, Intellectual Property
2009
Sergio Pozzerle was mentioned in Solar Industries (August 7) as having joined McDermott’s Houston office. Formerly with another major firm in Houston, Mr. Pozzerle is recognized by Chambers USA as one of the nation’s top renewables and alternative energy lawyers, and represents a variety of U.S. and European renewable power developers as well as other energy industry clients.
Sergio A. Pozzerle, Corporate, Energy Advisory
Sergio Pozzerle was mentioned by The Deal on August 6 for joining McDermott’s Houston office as a partner in the Energy and Derivatives Markets group. Mr. Pozzerle focuses on renewables and alternative energy, and previously was with another major firm in Houston.
Sergio A. Pozzerle, Energy Advisory
2008
William F. Weld was quoted extensively in the November 17 issue of The Business of Global Warming in an article regarding the effect the 2008 presidential election will have on U.S. energy policy. Mr. Weld noted that the biggest impact will come on two issues: climate change and dependence on foreign oil. "While not every initiative of the new president and Congress is guaranteed to become law, the enormous potential impact of even some of the changes that the candidates are discussing indicates that 2009 could be a watershed year for energy policies that impact the U.S. economy," he said.
William F. Weld, Energy Advisory
William F. Weld was quoted on November 7 by the Dow Jones Newswires in an article regarding ethanol companies' hope that Barack Obama's administration will provide financial assistance to an ethanol industry suffering from the financial crisis. Obama's platform calls for phasing 60 billion gallons of advanced biofuels in to the fuel supply by 2030 and for the establishment of a low-carbon fuel standard. The low-carbon fuel standard, however, could disadvantage corn-based ethanol if a movement to consider the effects of diverting food to fuel gains momentum. "As long as it's not corn. If it's corn-based ethanol, there's an issue about food supply and food prices, and I think Sen. Obama might be sensitive to that issue, so I would expect him to lean to the side of cellulosic ethanol," said Mr. Weld.
William F. Weld, Energy Advisory, Government Strategies
William F. Weld was quoted on November 4 by Law360 in an article regarding Barack Obama's energy plan. Mr. Weld, former Republican governor of Massachusetts, noted that Obama's energy plan was one of the reasons why he supported Obama in the closing days of the campaign. "I took a pretty good look at the energy policies of the candidates, and I think that Sen. Obama has a more thorough canvassing of what needs to be done," he said. Mr. Weld noted that Obama will likely be aggressive on his cap-and-trade policies and may try to gain the support of China and India on greenhouse gas reductions so as to avoid "economic suicide." He added that Obama's Smart Grid idea is "a much more integrated, comprehensive approach" than seen from other political leaders.
William F. Weld, Energy Advisory, Government Strategies
Joseph B. Williams was mentioned in the June 23 issue of Congressional Quarterly Today and the June 30 issue of The Washington Post in articles referencing his move to McDermott Will & Emery's Energy and Derivatives Markets Practice Group. Mr. Williams re-joins McDermott after serving as senior in-house counsel with the New York Independent System Operator.
2005
McDermott Will & Emery was mentioned in the April issue of Lexpert magazine as counsel to Merrill Lynch in its acquisition of Entergy Koch and Entergy-Koch Trading. This transaction was listed among the top 15 Canada/U.S. deals of 2004.
