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Attorney disqualified in New Mexico utility merger case

Attorney disqualified in New Mexico utility merger case
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Attorney disqualified in New Mexico utility merger case

Attorney disqualified in New Mexico utility merger case
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Attorney disqualified in New Mexico utility merger case

Attorney disqualified in New Mexico utility merger case
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

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Attorney disqualified in New Mexico utility merger case

Attorney disqualified in New Mexico utility merger case
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New Mexico Attorney General Accused of Violating State Ethics Laws in Negotiating Utility Merger


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Questions Surround AG's Relationship With Lawyer Representing PNM Utility Merger
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Smoke billows from the San Juan Generating Station in Waterflow. / Don J. Usner for Searchlight New Mexico
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Attorney General Hector Balderas’ cozy relationship with a local law firm is under scrutiny amid allegations that Albuquerque-based attorney Marcus Rael Jr. used his influence with the attorney general to convince Balderas to sign off on a multi-billion-dollar utility merger. The merger between a global energy giant and New Mexico’s largest utility could drastically change electricity distribution in the state, with hundreds of millions of dollars for New Mexico utility customers hanging in the balance.

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AG faces ethics complaint in utility merger


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Editor’s note: This story was originally published by Searchlight New Mexico, a nonprofit investigative news organization. A longer, unedited version can be found at http://www.searchlightnm.org/
Attorney General Hector Balderas
Attorney General Hector Balderas’ relationship with a local law firm is under scrutiny amid allegations that Albuquerque-based attorney Marcus Rael Jr. used his influence with the attorney general to persuade Balderas to sign off on a multibillion-dollar utility merger.
The merger between a global energy giant and New Mexico’s largest utility could drastically changes electricity distribution in the state, with hundreds of millions of dollars for New Mexico utility customers hanging in the balance.

Mexico , Taos , New-mexico , United-states , Albuquerque , Spain , Texas , University-of-new-mexico , New-mexican , Spanish , New-mexicans , Hector-baldera

New Mexico attorney general accused of violating state ethics laws in negotiating utility merger


Powerful ties
July 16, 2021
Attorney General Hector Balderas’ cozy relationship with a local law firm is under scrutiny amid allegations that Albuquerque-based attorney Marcus Rael Jr. used his influence with the attorney general to convince Balderas to sign off on a multi-billion-dollar utility merger. The merger between a global energy giant and New Mexico’s largest utility could drastically change electricity distribution in the state, with hundreds of millions of dollars for New Mexico utility customers hanging in the balance.
For eight months, the state has been involved in negotiations over a proposed merger between Connecticut-based Avangrid and Public Service Company of New Mexico (PNM), the state’s largest utility. Rael, who frequently represents the state, was hired to represent Avangrid’s parent company in the negotiations.

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Powerful ties: New Mexico attorney general accused of violating state ethics laws

Powerful ties: New Mexico attorney general accused of violating state ethics laws
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Branson's suborbital trip boosts bond-financed Spaceport America

Branson's suborbital trip boosts bond-financed Spaceport America
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NM lawmakers weigh legal options amid spending dispute


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SANTA FE – The debate over whether Gov. Michelle Lujan Grisham can allocate federal stimulus funding without legislative approval may move from the Roundhouse to the courthouse.
As the push for an emergency legislative session founders – falling far short of the required three-fifths majority required – Republican lawmakers are asking the attorney general for a legal opinion outlining whether Lujan Grisham, a Democrat, is empowered to spend about $1.75 billion in federal stimulus funding.
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The governor’s administration may also face a legal challenge from a Democrat. State Sen. Jacob Candelaria, an Albuquerque lawyer, said this week that his office is preparing a lawsuit if lawmakers don’t succeed in calling themselves into session to take up the federal stimulus spending.

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