Arkansas Natural Resources Commission: November 15, 2023, Meeting Scheduled
The Arkansas Natural Resources Commission has scheduled its next meeting for November 15th at 9:00 a.m. The meeting will be held at the Arkansas Department of Agriculture, 1 Natural Resources Drive, Little Rock, AR 72205. The agenda includes the following: Election of 2024 officers Adoption of…
Air Enforcement: U.S. Department of Justice/Michigan Enter into Modification of Consent Decree Addressing Dearborn Steel Mill
The United States Department of Justice (“DOJ”) and Michigan Department of Environment, Great Lakes, and Energy (“EGLE”) entered into an October 19th First Material Modification to the Consent Decree (“Modified Consent Decree”) with Cleveland-Cliffs Steel Corporation (“Cleveland-Cliffs”). The…
High Interest Rates May Be Troubling for Issuers of Tax-Exempt Bonds
October 27, 2023
by Ashley Edwards
Over the past year and half, interest rates have increased significantly. For most investors, the increase in interest rates is welcome. But for issuers of tax-exempt bonds, or cities, states and other qualifying governmental entities, the rise in interest rates may be a cause for concern. Under…
CERCLA Cost Recovery: Federal Court Addresses Whether Municipality's Urban Renewal Activities Potentially Constitute Arranger Liability
A United States District Court (New Hampshire) addressed in an October 13th Order an issue arising out of a Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”) cost recovery action. See Banfield Realty LLC v. William E. Copeland, et al., 2023 WL 6796216. The CERCLA…
Cybersecurity Memorandum: Withdrawal of Document Challenged by Arkansas Attorney General Announced by U.S. Environmental Protection Agency
The United States Environmental Protection Agency (“EPA”) issued a memorandum on October 11th titled: Withdrawal of Cybersecurity Memorandum of March 3, 2023 (“Withdrawal Memorandum”) The Withdrawal Memorandum was transmitted from EPA Assistant Administrator for Water, Radhika Fox, to the State…