Randall Speck is responsible for major administrative, litigation, and arbitration matters in the firm’s Washington, DC office. For more than 30 years, Randy has handled a variety of complex proceedings involving electric industry restructuring, development and implementation of organized electric markets, multibillion-dollar contract disputes, design and construction projects, antitrust claims, alleged fraud and negligence suits. He has represented state public utility commissions in major proceedings at the Federal Energy Regulatory Commission (FERC) and before the US Courts of Appeals relating to electric resource adequacy, the exercise of market power in wholesale electricity markets and incentive rates of return. Recently, he has represented a major electric utility in a state regulatory proceeding involving the prudence of costs incurred in building a first-of-a-kind-at-its-size baseload power plant and has represented a major US electrical equipment manufacturer in a simultaneous lawsuit and international arbitration over the award and performance of a contract to build a nuclear power plant in the Philippines, including a $2 billion arbitration proceeding. He has represented a number of major US and international manufacturers in multimillion-dollar contract disputes and arbitration matters involving such issues as the international rights to sell patented HIV tests, the development and marketing of generic drugs in the United States, contracts to supply radar equipment to a country in the Middle East in the 1970s and alleged fraud in the manufacture of communications satellite components. He successfully represented a class of former shareholders in a suit to enforce a letter agreement to pay them a percentage of the gain realized on any resale of cellular telephone assets.
Randy has represented states in the development and implementation of new markets for electric capacity in New England and the mid-Atlantic region. He has also conducted a retrospective review for a state regulatory commission of electric industry restructuring and evaluated the cost-effectiveness of options for supplying electricity in the future. He served as Special Counsel to a state legislative committee evaluating a proposed contract for an offshore wind-generation facility. He represented a state as a Special Assistant Attorney General in a proceeding before the FERC to evaluate the projected $831 million decommissioning of the Connecticut Yankee nuclear power plant and in FERC proceedings to establish market rules for the electric industry in New England. He served as Special Counsel to the California Public Utilities Commission in its investigation of the costs of the Diablo Canyon Nuclear Power Station, which analyzed the site selection, design and construction of Diablo Canyon and quantified the impact of identified instances of unreasonable management practices. His other experience spans a wide range of matters including a FERC proceeding to examine the cost of constructing the $8 billion Trans Alaska Pipeline System, a large civil Racketeer Influenced Corrupt Organization claim alleging fraudulent placement of insurance coverage in the London market, defense of a Robinson-Patman claim for disproportionate promotional payments, labor and employment discrimination suits and litigation for damages caused by a fire that destroyed a blimp hangar. The common thread in all of this work is the complexity of the subject matter and the demanding arbitration/litigation context.
Randy was designated a “Groundbreaking Lawyer for 2009” by Public Utilities Fortnightly and is ranked by Best Lawyers in America (2012-2014) for his work in Energy Law.