News & Analysis as of

Forestry

Mayer Brown

The UK Forest Risk Commodity Regulation ("UKFRC") | One to Watch in the Coming Year

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INTRODUCTION - Deforestation is now the second leading cause of climate change globally, after burning fossil fuels, and is responsible for around 11% of all greenhouse gas emissions.  In the last 60 years more than half...more

BCLP

The European Union Against Deforestation: the Companies Concerned Still Have 8 Months to Take Action

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On December 30, 2024, the European regulation of May 31, 2023 on deforestation will come into force in all EU countries. The aim of these new rules, which are designed to combat the phenomenon of imported deforestation, is to...more

Holland & Knight LLP

House Agriculture Committee Completes Markup of 2024 Farm Bill

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The U.S. House of Representatives Committee on Agriculture completed its markup of the Farm, Food and National Security Act of 2024 (Farm Bill) on May 24, 2024, and passed the proposed legislation 33-21, with four Democrats –...more

Dorsey & Whitney LLP

Energy Law: Month in Review - April 2024

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Welcome to Dorsey’s Energy Law: Month in Review. We provide this update to our clients to identify significant developments in the previous month. ...more

K&L Gates LLP

Carbon Quarterly – Volume 8

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Carbon Quarterly is a newsletter covering developments in carbon policy, law, and innovation. No matter your views on climate change policy, there is no avoiding an increasing focus on carbon regulation, resiliency planning,...more

Mayer Brown

Deforestation Regulation: Impacts of a Possible Delay in Risk Classification of Countries and Other Recent Developments

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On 9 June 2023, the European Union published Regulation (EU) 2023/1115 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest...more

Hogan Lovells

The EU's deforestation regulation: Why UK and US companies should be paying attention?

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A new and expansive regulatory regime to tackle global deforestation is being introduced in the EU by the Deforestation Regulation. The Deforestation Regulation entered into force in June 2023 and will have far-reaching...more

Williams Mullen

Harvesting Timberland in Virginia? Consider Claiming the Riparian Buffer Tax Credit

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Since 2000, the Virginia legislature has granted individual landowners and partnerships up to $17,500 in tax credits for leaving waterway-adjacent stands of trees intact when harvesting timberland. To claim this credit,...more

Holland & Hart LLP

Conservation Plans for Old-Growth Forests May Affect National Forest Permitting

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The United States Forest Service (“Forest Service”) recently announced plans to amend all its land management plans for National Forest System units, affecting 128 plans in total. The Forest Service did so in a scoping notice...more

Cadwalader, Wickersham & Taft LLP

Toolkit in Progress on Deforestation and Land Conversion-Linked Financial Crimes

On October 17, 2023, Themis, a technology platform that helps its clients manage their financial crime risk exposure, and World Wildlife Fund (WWF) UK, announced that they are working together to produce a Deforestation and...more

White & Case LLP

US Congress Reintroduces Bill to Restrict Imports Linked to Illegal Deforestation

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On December 1, 2023, members of the US House of Representatives and Senate introduced a bill that would prohibit the import of products made from commodities produced on illegally deforested land. The bill, the "Fostering...more

Walkers

First Successful Creditor Application for Appointment of an Inspector to an Irish Corporate Sets Precedent for Future Appointments

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The recent success of a creditor to have an inspector appointed to an Irish company sets a precedent for possible future appointments. The two judgments delivered by the Irish High Court in this case review in detail both the...more

Woodruff Sawyer

5 Things to Consider When Using Surety Bonds for Engineered Timber Contracts

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In 2022, the Ascent, a 25-story apartment building in Milwaukee, Wisconsin, became the world’s tallest mass timber structure. The Milwaukee tower, which features luxury apartments, retail space, an elevated pool, and a sky...more

Allen Matkins

California Environmental Law & Policy Update 10.27.23

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The U.S. Environmental Protection Agency (EPA) on Monday proposed banning the cancer-causing chemical trichloroethylene (TCE), which can be found in consumer products including automobile brake cleaners, furniture care, and...more

Cozen O'Connor

New York Note – City Legislation, Mayoral Appointment, Tree Funding

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Last Thursday, the NYC Council convened a Stated meeting, where they passed and introduced multiple pieces of legislation. The Council passed legislation requiring that NYC’s vehicle fleet consist of zero-emissions vehicles...more

Lerch, Early & Brewer

Legislative Roundup: Prince George’s County

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It has been an active few months on the legislative front in Prince George’s County, from proposed updates to the County’s zoning ordinance to a new Department of Permitting, Inspections, and Enforcement (DPIE) director being...more

Cozen O'Connor

Broad Street Brief: Council & Controversial Bills; Mayoral Debates

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Last week the City Council had an eventful return from summer recess, unanimously voting to override a mayoral veto on cannabis legislation, allowing for recreational marijuana sales at existing medical marijuana facilities....more

Cadwalader, Wickersham & Taft LLP

Amazonian Nations Sign Joint Declaration but Fail to Agree Joint Target to End Illegal Deforestation

On August 9, 2023, the Brazilian city of Belém hosted a summit of the Amazonian Cooperation Treaty Organization (ACTO) with the participation of Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, Suriname and Venezuela. The...more

Troutman Pepper

Mountain Valley Pipeline To Resume Construction After Supreme Court Vacates Fourth Circuit’s Order Halting Construction

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On July 27, 2023, the U.S. Supreme Court vacated the U.S. Court of Appeals for the Fourth Circuit’s decision to grant the Wilderness Society’s motions to stay of construction on the Mountain Valley Pipeline (“MVP”) pending...more

WilmerHale

2023 Proxy Season Update: Shareholder Activism on “E” Topics

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What a difference a year makes. A highlight of the 2022 proxy season was the increased shareholder focus on a number of ESG topics, including more than 100 “E”-related shareholder proposals related to climate change,...more

White & Case LLP

10 key things to know about the new EU Deforestation Regulation

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The EU's new Deforestation Regulation requires companies trading in cattle, cocoa, coffee, oil palm, rubber, soya and wood, as well as products derived from these commodities, to conduct extensive diligence on the value chain...more

Schwabe, Williamson & Wyatt PC

Oregon’s New Estate Tax Exemption for Family Businesses engaged in Farming, Forestry, ‎or Fishing Businesses

On July 13, 2023, Governor Tina Kotek signed into law SB 498, which provides a new Oregon estate tax exemption for up to $15 million (the NR Exemption) of natural resource property that is used in a decedent’s farming,...more

Cadwalader, Wickersham & Taft LLP

U.S. DOJ Forms Task Force to Fight Global Illegal Timber Trade

To investigate and prosecute the illegal trade of timber around the world and the deforestation that results, the U.S. Department of Justice has formed the Timber Interdiction Membership Board and Enforcement Resource...more

Latham & Watkins LLP

European Deforestation Regulation Enters Into Force

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The regulation aims to minimise the EU’s contribution to deforestation and forest degradation. The European Deforestation Regulation (EUDR) entered into force on 29 June 2023, following publication in the Official Journal...more

Pillsbury - Global Trade & Sanctions Law

New EU Deforestation Regulation: Overview and Key Considerations for Companies

The European Union has adopted the new EU Deforestation Regulation, whereby applicable companies must implement a rigorous due diligence process to ensure that certain products and commodities sold in or out of the EU are not...more

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