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The Financial Crimes Enforcement Network (“FinCEN”) has announced temporary relief measures for reporting companies affected by recent hurricanes in the Southeast, providing additional time to comply with Beneficial Ownership Information (“BOI”) reporting requirements under the Corporate Transparency Act (the “CTA”) (see our update and summary here). FinCEN’s relief grants an extra six months for reporting companies that meet the specific criteria outlined below.
As energy transition investment picks up pace and inflationary pressures subside, the European renewable energy sector could see more high-value M&A transactions.
With global oil and gas demand forecast to grow and huge exploration potential across and offshore the continent, Africa is an increasingly attractive destination for upstream investment.
As nations around the world scramble to lay their hands on new sources of energy to replace their heavy dependence on Russian oil and gas, attention is turning back to Africa’s resource-rich nations.
‘Energy security and net zero are two sides of the same coin.’ This is the opening line of the UK government’s ‘Net Zero Growth Plan’, published in March 2023, and leaves no doubt as to the government’s perception of the interplay between energy security and energy transition.
In a key development relating to the Corporate Transparency Act (the “CTA”), on March 1, 2024, U.S. District Judge Liles C. Burke of the Northern District of Alabama issued a memorandum opinion and final judgment ruling the CTA unconstitutional on the grounds that it exceeds the Constitution’s limits on Congress’ power.
This article for Practical Law by Nadine Amr provides a discussion of the 2023 Model Form of Joint Operating Agreement (JOA) of the Association of International Energy Negotiators (AIEN).