In addition to representing clients in the commercial nuclear power sector, Morgan Lewis assists the DOE's largest contractors in an array of complex legal, regulatory, contractual, and
operational issues, among them labor, employment, wage - hour, and employee benefits counseling; government contracts;
environmental regulation; Price - Anderson enforcement support; and nuclear indemnity and
liability matters.
Part of the letter explained that carried interest «is the way to reward the general partner in a real estate business venture for taking on the countless risks and
liabilities associated with long term real estate projects, such as potential
environmental concerns,
operational shortfalls, construction delays and loan guarantees.