On July 1st, the U.S. Court of Appeals for the D.C. Circuit issued a decision on the income tax allowance for pipelines owned by pass-through entities that could have significant negative implications for MLPs with regulated pipe assets. See our note from last week. To learn more about this issue, as well as the inner workings of the FERC more broadly, we will host a guest speaker call with energy lawyer and former FERC commissioner Marc Spitzer on Tuesday 7/12 at 1pm EST.
Mr. Spitzer is a partner at Steptoe & Johnson where he represents utilities and energy companies before the FERC, at state utility commissions, Congress, federal agencies and state legislatures. He is a former FERC commissioner, having served from 2006 to 2011. Link to Marc Spitzer's Full Bio
Topics for Discussion
· The current FERC policy on income tax allowances
· The D.C. Circuit's decision in United Airlines v. FERC
· How might the FERC address the D.C. Circuit's decision? What are the options available to the FERC?
· What are the most and least likely outcomes?
· Timing: how long might it take for this to play out?
· More broadly, what is the current FERC's attitude towards regulating the pipeline industry? How might the coming election change the FERC, if at all?
· And more...
If you have any questions for Marc, email them to and we will ask them on your behalf.
Call Dial-In Details
· Tuesday, July 12, at 1:00 pm EST
· Toll Free:
· Toll:
· UK: 0
· Confirmation Number: 13641329
Please visit http://app.hedgeye.com/feed_items/52260 for more information.