Global | Publication | October 23, 2018
Howard Seife was featured in a recent “Currents” podcast speaking on what happens when a power purchaser files for bankruptcy, using the recent Chapter 11 filing by First Energy Solutions as a case study. As more power projects are financed based on projected cash flows from corporate PPAs, Mr. Seife discussed the credit risks IPPs may be presented with by a potential bankruptcy of their counterparty.
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Since our last update, the growth in climate change litigation globally has continued. While cases against the fossil fuel sector continue to be brought, there are also claims against defendants in a wider variety of high-emitting and resource-intensive sectors.
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In a significant judgment affirming the importance of the protection of personal data in Singapore, the Singapore Court of Appeal (SGCA or Court) has clarified the ambit of the right of private action in section 32(1) of the Personal Data Protection Act 2012 (PDPA).
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On 6 September 2022, the European Commission (EC or the Commission) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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