Law Firm News

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Law Firm News

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Preti, Flaherty, Beliveau, Pachios & Haley, L.L.P.

Limestone Approves Tax Increment Financing Plan for Cogen Plant at Loring
Officials with the Town of Limestone, Loring BioEnergy, LLC, and the Loring Development Authority announced the approval by the town of a tax increment financing plan in connection with a major 55-megawatt cogeneration project planned for Loring Commerce Centre. The 55-megawatt cogeneration development will generate electricity, produce steam for Loring Commerce Centre businesses and enable the 185-mile Searsport-Loring pipeline to deliver natural gas to Aroostook manufacturers. Preti Flaherty's Corporate and Energy Groups represent Loring BioEnergy on multiple matters related to the project.

According to Loring BioEnergy Principal, Hayes Gahagan “The fifteen (15) year tax increment financing arrangement is a critical tool for moving forward with a project that has many positive direct and indirect benefits to Limestone as well as the Aroostook County region. The project will provide in the order of 700 peak construction jobs and more than 40 direct and indirect permanent operating jobs and will take advantage of available facilities at the former Loring Air Force Base. The availability of steam from the cogen plant can significantly enhance the profitability of other businesses that happen to be located nearby.”

Limestone Town Manager Donna Bernier stated, “We’re happy to support this major new investment in facilities at Loring. The town will gain new tax base and employment opportunities for its residents. To date, the successes at Loring have largely taken place within existing structures. The cogen plant would represent the first major investment in new plant and equipment since before Loring’s closure. It’s a clear indication of the great potential for additional industrial development at Loring.”

Carl Flora, President & CEO of the Loring Development Authority stated, “The town’s support of this project may well prove to be a key milestone to Loring’s continued redevelopment. Once built, the cogen plant will not only be a reliable source of power generation for the region, but it will represent a key piece of industrial infrastructure for Loring Commerce Centre. Steam produced by the plant will be a source of low cost heat for the many large buildings at Loring and process steam will be available to support new manufacturing endeavors.”

In addition to constructing a new state-of-the-art plant with the latest environmental controls, the project will result in the conversion of the Searsport to Loring pipeline for the transmission of natural gas. This would represent the first time natural gas has been available in Aroostook County. It is possible that gas can be provided to support the operations of other industrial facilities either at Loring or at various industrial sites along the length of the pipeline.

The Loring Development Authority is charged with the redevelopment of the former Loring Air Force Base which closed in 1994. Loring Commerce Centre, located in Limestone, is now the home of more than 20 new employers which now provide employment for 1500 Aroostook County residents, with operations occupying 1.7 million square feet of existing building space. Opportunities exist for additional businesses in manufacturing, telecommunications and data-based services, education, aviation and housing.

The TIF requires Loring BioEnergy to pay the Town a series of reduced property tax payments, rising incrementally over the 15 – year life of the TIF. The TIF disappears totally after year 15 with property taxed at its full valuation.

Loring BioEnergy is the entity formed to pursue the project and is led by Gahagan & Associates, LLC, an industrial developer based in Presque Isle, Maine, with other co-venturers.

04-02-2007

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Kirkpatrick & Lockhart Preston Gates Ellis LLP

DuPont Recognizes K&L Gates’ Progressive Policies and Legal Performance
Kirkpatrick & Lockhart Preston Gates Ellis LLP (K&L Gates) is pleased to announce that it has received DuPont Legal’s 2006 “Meeting the Challenge” award. This award, issued by DuPont to a select group of Primary Law Firms and Service Providers, recognizes K&L Gates for its sustained contributions to and accomplishments in support of the DuPont Legal Model.

In presenting K&L Gates with the award, DuPont highlighted the firm’s progressive contributions to diversity in the profession, namely through its creation of the K&L Gates Balanced Hours Program, its pioneering appointment of a Chief Diversity Officer and its support of the Minority Counsel Conference.

The citation accompanying the Meeting the Challenge award also noted several of the firm’s performance-related achievements, including proactive and effective delivery of legal services, its role in the training of DuPont’s Corporate Remediation and Environment groups and the firm’s successful collaborations with other Legal Network members on DuPont’s behalf.

The DuPont Legal Model, a comprehensive and integrated process that takes a business-focused and results-oriented approach to the law, helps law firms and corporate law departments improve the quality, cost and efficiency of legal services. DuPont created the Meeting the Challenge award to recognize the outstanding legal work and involvement and support from its law firms. This is the fifth such award DuPont has bestowed upon K&L Gates.

DuPont’s Senior Vice President, General Counsel and Chief Administrative Officer Stacey J. Mobley noted: “Kirkpatrick & Lockhart Preston Gates Ellis LLP is deserving of recognition for its outstanding legal work, its involvement in and support of the DuPont Legal initiatives, and its adherence to the highest ideals of the DuPont legal model.”

Peter J. Kalis, K&L Gates’ Chairman and Managing Partner, said: “We are delighted to again be recognized with DuPont’s Meeting the Challenge award. The DuPont Legal Network exemplifies the power of shared values and like-minded approaches to culture and client service. That our own accomplishments in these areas make a significant contribution to the DuPont Legal Model makes our recognition even more meaningful.

04-02-2007

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McCarter & English, Attorneys At Law

John Brenner quoted in New Jersey Law Journal
John Brenner quoted in New Jersey Law Journal on a New Jersey Supreme Court ruling that limits the use of state products liability law by out-of-state consumers.

04-02-2007

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McCarter & English, Attorneys At Law

John Brunjes quoted on HedgeWorld.com
John Brunjes quoted on HedgeWorld.com about the impact of San Diego County Employees Retirement Association's lawsuit against collapsed hedge fund Amaranth Advisors.

04-02-2007

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McCarter & English, Attorneys At Law

William Taylor appears in Delaware Law WeeklyQ
William Taylor was quoted in the lead article for the current edition of Delaware Law Weekly concerning his recent victory in the United States Third Circuit where he won reversal of two lower court decisions concerning the treatment of equipment lessors in bankruptcy proceedings.

04-02-2007

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Lathrop & Gage LLP

Lathrop & Gage Attorney Admitted to Exclusive Legal Association
Robert O. Lesley, a seasoned trial attorney who joined the Intellectual Property, Business Litigation and Tort Litigation practices of Lathrop & Gage L.C. earlier this year, was recently admitted to the Federation of Defense and Corporate Counsel (FDCC).

The FDCC is a professional association of attorneys who focus primarily upon civil litigation defense for corporations, insurance companies, and associations. Admission to the organization requires a thorough review of an attorney’s qualifications and accomplishments by an independent review committee, followed by an affirmative vote of the federation’s board of directors. Worldwide FDCC membership is slightly more than 1,400, with approximately 1,100 of those members residing in the United States.

Lesley has 23 years of trial practice experience and has tried nearly two dozen cases, including disputes involving copyright, trade secret, trademark, patent infringement, products liability and technology. Recognized as a Missouri/Kansas Super Lawyer, Lesley has litigated cases in nearly every state, representing some of the country’s best-known brands, including Black & Decker, Skillpath Seminars, and Vornado Air Circulation Systems.

“It’s an honor to be selected to join such a highly regarded professional association,” Lesley said. “The attorneys at Lathrop & Gage continually strive to both advance our profession and achieve outstanding results for our clients. The FDCC is an organization that shares this vision.

04-02-2007

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Kane Russell Coleman & Logan PC

2007 Texas Rising Stars
The April 2007 issue of Texas Monthly has named Gregory A. Kline a Texas Rising Star, a designation given to lawyers under 40 who are viewed by their colleagues as preeminent in their respective practice areas. Texas Rising Stars are selected in an extensive nomination and balloting process, and only 2.5 percent of Texas attorneys receive this honor each year. In 2006, Kenneth C. Johnston, David L. Pratt, Jeffrey S. Seeburger, and Karin M. Zaner were named Texas Rising Stars. David L. Pratt and Jeffrey S. Seeburger were named in 2005 and Kenneth C. Johnston, David L. Pratt, and Karin M. Zaner were named in 2004.

04-02-2007

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