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Leasing Wind Power Facilities: A New Reality
Electric power generation from wind continues to grow at a rapid pace. Wind is such an abundant natural resource that in a 2010 assessment, the Department of Energy found that the contiguous 48 states have the potential to generate up to 37 million gigawatt-hours (“GWh”) of electricity from wind annually, which is approximately nine times the total U.S. electricity generation from all sources in 2009.
The American Wind Energy Association (“AWEA”) reported more recently that the U.S. installed capacity of electrical wind energy reached 40,180 megawatts (“MW”) at the end of 2010. Texas leads the country in installed wind energy capacity with more than 10,000 MW. The Energy Information Agency estimates (based on the 2009 Census) that the average U.S. home consumes 908 kWh per month (as of 2009). Clearly, wind energy now and in the future can power a vast number of homes in the United States. (A kilowatt (“kW”), MW (10,000,000 kW) or GW (1,000 MW) is an instantaneous measure of power. A kilowatt hour (“kWh”), MW hour (“MWh”) or GWh is a measure of electricity defined as a unit of work or energy, measured as one kW, MW or one GW, respectively, of power expended for one hour.)
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
One Overlooked Element of Executive Safety: Data Privacy
Executives have access to some of the company's most sensitive information, and they're increasingly being targeted by hackers looking to steal company secrets or to perpetrate cybercrimes.