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Valero Loses Appeal for More Emission Credits in California

Valero Refining Co. lost its bid for more emission reduction credits after upgrades and other refinery changes, after a California appeals court upheld Thursday a hearing board’s calculations and rejected the energy company’s fairness arguments.

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Coronavirus and Force Majeure Clauses

Covid-19 has legal teams exploring whether to turn to a rarely tested section of their contracts: the force majeure, or act of god, clause.

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