Study Group: FERC M&A Experts: Lawyers
Council Members in this Study Group: 11
This study group may include professors, attorneys, former regulatory officers, and consultants knowledgeable on topics such as law and litigation issues, lobbying, policy and government, elections, antitrust, immigration, intellectual property, and legislation, among others.
Contact Gerson Lehrman Group to survey or consult with members of this Study Group
Leading institutions connect with members of this Study Group through GLG
Leading Experts in this Study Group
Orlan JohnsonPartner
SAUL EWING LLP
Orlan Johnson is a Partner in the Business Department of Saul Ewing in Washington, DC, where he has in-depth and practical experience in mergers and acquisitions, stock and asset acquisitions and dispositions, corporate financing, joint ventures, proxy...
GLG NewsSM Analyses by this Study Group's Leading Experts(?)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
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Potential Fines and Penalties for Energy Transfer Partners
November 12, 2007
Analysis by: Orlan Johnson, Partner,Is Enron Saga Entering The Final Chapter | news.glgroup.com
A clear understanding of this area of the law has become critical because the risks from noncompliance can subject an entire entity, including upper management, to significant fines ($1 million per day/ per violation), criminal penalties and disgorgement of undue profits. Many energy entities need to update and in some case create substantive compliance programs to the new powers granted FERC in the Energy Policy Act of 2005. FERC has recently begun to assess the first round of fines and penalties on entities that it determines are not demonstrating a "culture of compliance."
Members in this Study Group include these company types:
- Law Firm (general practice/large)
- Individual Attorney
- Law Firm (Boutique / Specialized)
Members in this Study Group often have these job titles:
- Partner