Because he has represented clients in almost every sector of the Texas electricity industry, special counsel Andres Medrano recently spoke with Texas Lawyer to discuss his unique perspective on the weather events of February 2021. “It is possible to have a market of near-free competitive forces that regulates itself through the incentives of making profits, by being available to sell as much electricity as possible,” said Medrano. “It is also possible to have a market that is tightly regulated such that it always has plenty of reserve generation capacity and is perfectly hardened to operate in any type of weather conditions. It is not possible, however, to have both. The correct balance between the two is what legislators and other policymakers are currently trying to achieve.”
23 February 2024 In the News
Christopher Swift Comments on New U.S. Sanctions Against Russia
Foley & Lardner LLP partner Christopher Swift is quoted in the CBS article, “U.S. issues hundreds of new Russia sanctions over Alexey Navalny's death and war in Ukraine.”
22 February 2024 In the News
Louis Lehot Authors Article on the Business of Space Tourism
Foley & Lardner LLP partner Louis Lehot authored The Recorder article, “An M&A Lawyer's Insight Into Earth's Challenges From Outer Space,” exploring the growing business of space tourism and the plans underway for expanding this novel form of escape.
21 February 2024 In the News
Kate Gehl and Paul Piaskoski Author Article on FTC Approach to AI
Foley & Lardner LLP partner Kate Gehl and associate Paul Piaskoski authored the IP Litigator article, “FTC Weighs in on Threats to Competition from Artificial Intelligence in Comment to U.S. Copyright Office,” exploring the U.S. Federal Trade Commission’s approach to the emerging technology.