John Lilyestrom, Partner, Hogan Lovells US LLP to Speak at KC's Event
This event is scheduled Wednesday, April 12, 2017 @ 12:00 PM to 2:00 PM (ET).
- New York, NY (1888PressRelease) April 05, 2017 - The Knowledge Group, the leading producer of regulatory focused webcasts, has announced today that John Lilyestrom, Partner, Hogan Lovells US LLP will speak at the Knowledge Group's webcast entitled: "The FERC's Anti-Market Manipulation Rule: Trends and Developments LIVE Webcast".
For further details, please visit:
https://www.theknowledgegroup.org/webcasts/legal/environmental-law/the-fercs-anti-market-manipulation-rule-trends-and-developments-live-webcast
About John Lilyestrom
For over 25 years, John Lilyestrom has focused his energy law practice on the competitive and commercial consequences of electricity regulation, with particular emphasis on regional transmission operator markets. John represents modern electric market participants, including electric utility companies, electric power marketers, independent power producers, and end-use consumers of electricity before the Federal Energy Regulatory Commission (FERC), state regulatory agencies, and federal and state courts.
He has represented utilities in mergers and other actions concerning the alleged exercise of generation market power, transmission and wholesale service rates, and the application of standards of conduct and affiliate restrictions. John has also advised electric utilities in assessing commercial opportunities arising from, and the regulatory implications of, electric industry restructuring and corporate reorganization. He has also represented national and regional electric reliability organizations in matters related to the interaction of regulation and electric reliability.
About Hogan Lovells US LLP
Hogan Lovells became a top 10 global legal services provider on 1 May 2010 through an unprecedented combination of two firms with international credentials, U.S.-based firm Hogan & Hartson and European-based firm Lovells. Modern-day Hogan Lovells carries on the tradition of excellence established by its founders and further builds on their legacy.
Their 2,500 lawyers work together, solving your toughest legal issues in major industries and commercial centers. Expanding into new markets, considering capital from new sources, or dealing with increasingly complex regulation or disputes - they help you stay on top of your risks and opportunities.
Event Synopsis:
In less than a month, on July 21 and August 10, two federal District Court rulings stated that a "de novo" review of Federal Energy Regulatory Commission's (FERC's) enforcement cases will not suffice for the penalty enforcement proceedings of the Commission. From Latin, which means "over again" or "from the new", a de novo review entails a court to conclude on a case without reference to the legal decisions undertaken by the previous court that handled it. Ruling on matters of law without reference to the latter's findings, the concluding court may, however, refer to the previous investigators' compiled records to determine and review the facts and other evidences. As such, FERC's enforcement targets, according to federal District Courts will be given a full civil trial and will be treated as ordinary civil action.
Two significant cases which involved big names in the energy sector have been hotly debated in several of the FERC's market manipulation cases. In its July 21-decision, Federal District of Massachusetts Judge Mastroianni denied Maxim Power Corp.'s motion to dismiss FERC's petition for an order that affirmed its Order Assessing Civil Penalties but pointed that the review of the assessed civil penalty pursuant to FPA Section 31(d)(3) will be treated as an ordinary civil action requiring a trial de novo. Whereas in its August 10 decision, U.S. District Court for the District of Columbia Judge John Bates stressed that the court cannot simply depend on the commission's compiled records when deciding on the existing cases.
Our panel of key thought leaders and practitioners will offer a discussion of the fundamentals as well as updates regarding the latest and significant issues surrounding the FERC's Anti-Market Manipulation Rule. This LIVE webcast aims to help you be well-versed of the latest trends and developments in the energy industry, as well as better understand the legal aspects of FERC's enforcement cases.
Some of the major topics that will be covered in this course are:
-Overview of the Section 31(d)(3) of the Federal Power Act (FPA)
-The De Novo Review Standard in FPA
-Background of the District Court Rulings
-FERC Anti-Manipulation Enforcement Targets
-Scrutiny of the Two Significant Cases
-FERC v. Maxim Power Corp.
-FERC v. City Power
About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/
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