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Trade Winds: Federal Government Announces Next Commercial Offshore Wind Leasing Auction

Client Alert | 1 min read | 12.18.13

On December 17, the Bureau of Ocean Energy Management announced a 60-day public comment period  for a proposed auction process designed to open nearly 80,000 acres offshore Maryland for commercial wind energy leasing. The announcement, which follows recent auctions of 112,000 acres offshore Virginia and 164,000 acres offshore Rhode Island and Massachusetts, is the latest in a series of actions by the federal government designed to increase wind and other renewable energy production and to facilitate the development of new clean technology industries generally (previously discussed here, here, here, and here).

Insights

Client Alert | 3 min read | 07.13.26

Amici Rally Behind Liberty Global, Urging Tenth Circuit to Rein in Economic Substance Doctrine

Following the 10th Circuit's April 21, 2026, decision affirming the disallowance of Liberty Global’s $2.4 billion deduction under the codified economic substance doctrine, I.R.C. § 7701(o), Liberty Global filed a petition for panel rehearing or rehearing en banc on June 5, 2026. That petition has since drawn significant amicus support from various industry groups representing large taxpayers, as discussed below....