Legal, legislative, and procurement issues related to this week’s widespread failures of the Texas power grid have and will continue to result in significant losses for numerous businesses and individuals in Texas and significant changes to Texas infrastructure. There are many examples of the consequences stemming from this disaster, only a few of which include:
Furthermore, late on Friday, February 19, Texas Attorney General Paxton’s Consumer Protection Division issued Civil Investigative Demands to the companies listed below:
The Texas legislature is in session and will be asked to assist Texas businesses and individuals. This may provide new opportunities for those doing or wishing to do business in Texas.
Should you require assistance (or see opportunities), our Foley Government Solutions Texas team is positioned to assist with insurance, legislative, regulatory procurement, investigative, and litigation issues. We regularly work with Foley’s Energy Team, Bankruptcy Group, and other practitioners.
For more information, please contact members of Foley’s Austin, Texas Government Solutions Team: