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Energy Companies Concerned About Jump in Investigations and Regulatory Matters

Energy company general counsel face significantly different litigation issues than the corporate legal departments in other business sectors. Norton Rose Fulbright’s 10th Annual Litigation Trends Survey found that 56 percent of energy GCs faced litigation over contract disputes during the past year. Personal injury and environmental/toxic tort litigation were the next, followed closely by labor and employment.

Study: Businesses Spending More on Litigation, Arbitration & Investigations

Businesses in Texas and across the U.S. continue to spend more and more money on legal fees to fight high-stakes litigation and to deal with a growing number of regulatory enforcement actions from state, local and federal government agencies, according to a new survey scheduled to be released Tuesday.

Norton Rose Fulbright’s 10th Annual Litigation Trends Survey found that 71 percent of corporations spent $1 million or more on litigation costs in 2013 – up from 53 percent the two previous years. More than 26 percent of companies saw their litigation costs exceed $10 million last year – an increase from 11 percent in 2011.

Also, Marsha Gerber and Richard Smith take an indepth look into survey results about an increasingly active regulatory environment, and William Wood discusses why energy companies are concerned about the jump in investigations and regulatory matters.

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