This month, the United States Department of Transportation voted to repeal a May 2015 proposed rule that would have required the installation of electronically controlled pneumatic (“ECP”) brakes on certain rail tank cars. The ECP rule rose […]
While many employers offer some form of paid time off, there is no federal or state statute requiring employers to do so. And those employers that already provide paid leave often have a policy that an employee has to be employed for a period of […]
Although the New Year is still young, there are already many legal developments to report in the oil and gas sector. In no particular order, this is a cross-section of what has emerged at the intersection of the law and the energy industry thus far in […]
On January 1, 2018, a new Texas law went into effect permitting a merchant to request a government-issued photo identification to verify the identity of a credit or debit card user – and decline the transaction if the buyer refuses to show it. & […]
The House of Representatives recently passed H.R. 3299, the "Protecting Consumers Access to Credit Act of 2017." This act codifies the "valid-when-made" doctrine and ensures that bank loans that fall within the maximum rate […]
According to recent data from the Centers for Disease Control and Prevention, foodborne illness is a significant burden that affects nearly 48 million Americans per year, hospitalizing 128,000 and killing 3,000. In response, President Obama signed into […]
According to the American Trucking Association, over 70% of all freight moved in the United States is moved on trucks. The ATA further estimates that 3.5 million truck drivers are needed to move such a volume of freight. As a whole, the ATA Truck Tonnage […]
A running battle has been waged in Texas regarding a narrow issue of employment law. Can an employer require an employee to "refund" part of their already paid compensation if they leave the employment of the employer? Retention […]
With the release of President Trump’s 2019 fiscal year budget proposal on Monday, we have a better outline of the White House’s paid family leave plan. This plan was mentioned specifically in the President’s State of the Union Address […]
In the newest episode of our energy law podcast, the head of KRCL's Distressed Strategies Practice Group, Michael Ridulfo, discusses some of the bankruptcy pitfalls facing even the healthiest of companies operating in the upstream and midstream segments […]
The London Interbank Offered Rate ("LIBOR") is a nearly 50-year old global borrowing benchmark which underpins more than $350 trillion of financial products. LIBOR is based on daily submissions from a panel of banks estimating the interest […]
The Motor Carrier Act of 1980 (“the Act”) placed a number of requirements on interstate motor carriers. One requirement involved proof of financial responsibility. The Act states that no motor carrier shall operate a motor vehicle unless […]