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What the team is known for Possesses one of the best nuclear practices in the country. Thought leaders in the modernization of nuclear energy and advanced nuclear technologies. Frequently seen on issues involving the NRC, including licensing for new facilities, spent fuel processing disputes and approvals. Also active in international nuclear development matters. Very well thought of in energy securities circles and on complex power financings. Particular strength in statute-based securitization financings for stranded costs for public utilities, tax-exempt debt financings and sale-leaseback structures.
Strengths Sources say: "The team works together in an effective and productive manner and they look out for their clients at all times. They stand out for their network across government, industry and the regulators."
Interviewees highlight: "All members of the Pillsbury nuclear team are ready to assist clients. They are extremely knowledgeable, respected and well connected in the industry."
Clients note: "They understand their clients' businesses and the entire nuclear industry."
Work highlights Represented Holtec in its purchase of the Oyster Creek nuclear power station. Holtec will assume ownership of the site, real property and used nuclear fuel and will manage all site decommissioning and restoration activities.
Advised the underwriters, agents and insurance company purchasers on a number of capital market issuances across a wide variety of security and offering types by publicly traded CMS Energy Corporation and its principal subsidiary Consumers Energy Company, at an aggregate value of $3 billion.
David Baxter has considerable experience representing a broad array of clients in capital markets transactions, including issuers, purchasers and underwriters. Interviewees note: "He provides well-reasoned answers and responses to client questions. He is always quick to respond and happy to help."
David Lewis has an impressive track record assisting major clients with the full spectrum of matters arising from the nuclear sector, including decommissioning, project approvals, licensing and commercial transactions. Sources commend him for his "strategic counseling" and "understanding of the driving concerns at the NRC."
Elina Teplinsky focuses her practice on export control and project development issues and frequently advises nuclear utilities, vendors and developers on compliance with DOE and NRC regulations. Clients comment: "She's highly educated, well respected and fluent in many languages, which helps to address international contracts."
Jay Silberg has substantial expertise in securing regulatory approvals for transactions as part of a robust regulatory practice. He frequently appears before the NRC and DOE on behalf of a roster of prominent clients. Market commentators report: "Jay is unquestionably the preeminent attorney in the nuclear industry. He has been practicing nuclear law for years and his experience is unequaled. He doesn't need to research an issue, he can speak to it from experience."
Jeffrey Delaney acts for a wide range of energy companies and underwriters on capital markets transactions. Interviewees comment: "He has tremendous experience and is very personable and accessible; he's always there for you. He's so brilliant that for any question you ask he can give you an answer and it's a fair answer. He's a very talented lawyer."
Jeffrey Merrifield leverages his expertise as a former member of the NRC to advise clients across a broad spectrum of matters. He manages acquisitions and divestitures and counsels on nuclear technology development. Sources say: "He is extremely effective and knowledgeable about the subject matter. He accommodates clients' legal needs with great efficacy and dexterity."
Stephanie Langan is a corporate and securities associate with experience advising underwriters, purchasers and issuers on a broad range of transactions, including mortgage bond and common stock offerings. Interviewees highlight: "She is a pleasure to work with. She's professional, quick to respond and her correspondence is clear and concise. She provides an excellent service."