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President-elect Donald Trump has already begun the process of putting together his cabinet with the announcements of Reince Priebus and Steve Bannon as chief of staff and senior advisor, respectively. With rumors swirling around the remaining cabinet positions, the choice for who should head the Department of Energy has come to the forefront among the energy industry. As Trump’s transition team continues to evaluate potential nominees, it is vital that the next leader of the Department of Energy recognize the potential and realize the benefits of shale in Ohio, Pennsylvania, and West Virginia.
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- Blog PostIn the aftermath of the 2016 presidential election, two of my colleagues here at MH did a great job digging into the results and making the case that the shale industry in the Appalachian Basin delivered the presidency to Donald Trump. Hindsight always provides clarity, but the experts consistently ignored the mindset of voters in Pennsylvania, Ohio and West Virginia who were more than willing to vote economic interest ahead of historic party affiliation. With a pro natural gas president about to enter the White House and a supportive Congress, there are high hopes that this agenda can be accomplished in the next year. We will all be watching – Trump’s choice as Energy Secretary will be instructive.
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- Blog PostSunEdison, Inc., a large renewable-energy development company that owns and operates renewable energy power plants, filed for bankruptcy on April 21, 2016, and has faced an uphill battle with its creditors ever since. In re SunEdison, Inc., et al., Case No. 16-10992 (S.D.N.Y. 2016). SunEdison is just one of the many businesses in the energy sector that have sought chapter 11 protection in 2016, but SunEdison faces an unusual battle: at the beginning of this month, the Official Committee of Unsecured Creditors (the “Committee”) filed a motion to seek standing to pursue the company’s directors and officers for claims on the company’s behalf while the bankruptcy case is ongoing. While creditors suing officers and directors in bankruptcy is commonplace, doing so during operations and while those officers and directors are still in charge of the business is rare.
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Political pundits across the country have begun the autopsy of the historic 2016 presidential election. While creative minds will undoubtedly conjure complex explanations for last night’s result, the answer may be quite simple: a dramatic shift in voting within the Appalachian Basin1 played an unquestionably significant role in Donald Trump’s victory. Polling throughout the campaign in Pennsylvania, Ohio and West Virginia found the economy to be the top priority among voters, outdistancing any secondary issues by a wide margin. It’s no surprise then that those states would reject the candidate who threatened to shut down one of their greatest economic drivers going forward in favor of the candidate who promised to get out of the way. The numbers do not lie – Appalachian Shale delivered the Presidency to Trump.
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- NewsMcDonald Hopkins LLC has been recognized in the U.S. News - Best Lawyers rankings of “Best Law Firms.”
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