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    View Strategies

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    ‘Diversified’ Economy: How Law Firms Can Bank on Charlotte

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    Explore more

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    Market leading eDiscovery and data management services.

    eMerge’s lawyers and technologists work together to deliver strategic end-to-end eDiscovery and data management solutions for litigation, investigations, due diligence, and compliance matters. We help clients discover the information necessary to resolve disputes, respond to investigations, conduct due diligence, and comply with legal requirements.

    Explore more

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Articles + Publications June 5, 2024

Locke Lord Deep Dive: Treasury Issues Final Regulations Providing Guidance on Transfer of Certain Credits Under the Inflation Reduction Act

Written by

M. Benjamin Cowan Michael P. Malfettone Andrew P. Nelson John C. Nelson, Jr. Buddy Sanders

Related Offices

Houston

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Resources

Deep Dive: Treasury Issues Final Regulations Providing Guidance on Transfer of Certain Credits Under the Inflation Reduction Act (PDF)
Insight Industries + Practices
  • Energy
  • Energy Tax
  • Inflation Reduction Act of 2022 – Energy Industry Implications
  • Renewable Energy
  • Tax

This just in

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October 8 – 9, 2025

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Energy

Energy

Leading the energy evolution.

Learn more

Financial Services

Financial Services

From compliance to the courtroom, we have you covered.

Learn more

Health Care + Life Sciences

Health Care + Life Sciences

Helping you focus on what matters – improving human health.

Learn more

Insurance + Reinsurance

Insurance + Reinsurance

Trusted advisors to leading insurers for 100+ years.

Learn more

Private Equity

Private Equity

Unlocking value in the middle market and beyond.

Learn more

Real Estate

Real Estate

Full-service legal advice from coast to coast.

Learn more

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  • What We Do

    Smarter in your world deeper in your sector

    Energy

    Energy

    Leading the energy evolution.

    Learn more

    Financial Services

    Financial Services

    From compliance to the courtroom, we have you covered.

    Learn more

    Health Care + Life Sciences

    Health Care + Life Sciences

    Helping you focus on what matters – improving human health.

    Learn more

    Insurance + Reinsurance

    Insurance + Reinsurance

    Trusted advisors to leading insurers for 100+ years.

    Learn more

    Private Equity

    Private Equity

    Unlocking value in the middle market and beyond.

    Learn more

    Real Estate

    Real Estate

    Full-service legal advice from coast to coast.

    Learn more

    • Industries
      • Art
      • Artificial Intelligence
      • Automotive
      • Cannabis
        • Our Cannabis Industry
        • Hemp + Hemp Derivatives Industry
      • Construction
        • Our Construction Industry
        • Construction Litigation
        • Energy Construction
        • International Construction Projects
        • Public-Private Partnerships
      • Educational Institutions
      • Energy
        • Our Energy Industry
        • Conventional Power
        • Electric Vehicle Technology + Sustainable Infrastructure
        • Energy Policy + Legislation
        • Energy Storage
        • Energy Tax
        • Energy Transition
        • FERC
        • Hydropower
        • Inflation Reduction Act of 2022 – Energy Industry Implications
        • Oil + Gas
        • Renewable Energy
        • State Energy Regulation
      • Entertainment
      • Financial Services
        • Our Financial Services Industry
        • Banking + Financial Services Regulation
        • Banking Litigation
        • Community Banking
        • Digital Assets + Blockchain
        • Credit Unions
        • EU/U.S. Asset Finance + Leasing
        • Financial Services Litigation
        • Financial Services Securities + Capital Markets
        • Online Lending
        • Payments + Financial Technology
        • Securitization + Structured Finance
      • Food + Beverage
        • Our Food + Beverage Industry
        • Beer, Wine + Spirits
      • Health Care + Life Sciences
        • Our Health Care + Life Sciences Industry
        • Cosmetic and Personal Care Products
        • Digital Health
        • FDA Regulatory + Risk Management Counseling
        • Fraud + Abuse Litigation + Investigations
        • Health Care Litigation
        • Health Care Regulatory
        • Health Care Transactions
        • Health Care + Life Sciences Intellectual Property
        • Life Sciences Transactions
        • Managed Care Payor Disputes, Investigations + Regulatory Counseling
        • Pharmaceutical + Medical Device Litigation + Counseling
      • Insurance + Reinsurance
        • Our Insurance + Reinsurance Industry
        • Asbestos Claims
        • Bad Faith
        • Directors + Officers Insurance
        • Employment Practices Liability
        • Environmental Insurance Coverage
        • General Liability
        • Health Care Insurance
        • Insurance Aviation
        • Excess + Surplus Lines
        • Insurance Commercial Litigation
        • Insurance Distribution + Intermediary
        • Insurance Transactional + Regulatory
        • Insurtech
        • Mass Torts Claims + Litigation
        • Media, Technology + Cyber Liability Insurance
        • Professional Liability
        • Reinsurance
      • Emerging Companies + Venture Capital
      • Maritime, Shipping + Logistics
      • Marketing + Advertising
      • Nonprofit Organizations + Foundations
      • Private Equity
        • Debt Finance
        • Emerging Companies + Venture Capital
        • Investment Funds + Investment Management Services
        • Small Business Investment Company (SBIC)
      • Real Estate
        • Our Real Estate Practice
        • Data Centers
        • Energy Real Estate Transactions
        • Health Care Real Estate
        • Hospitality
        • Investment, Acquisition + Disposition
        • Land Use + Zoning
        • Real Estate Finance
        • Real Estate Joint Ventures + Investments
        • Real Estate Leasing
        • Real Estate Litigation
        • Real Estate Technology
        • Telecommunications + Infrastructure
        • Transportation
      • Retail
      • Technology
      • Tobacco + Nicotine
    • Practices
      • Bankruptcy + Restructuring
        • Our Bankruptcy + Restructuring Practice
        • Commercial Mortgage-Backed Securities Special Servicing
        • Debtor + Committee Representations
        • Distressed Mergers + Acquisitions
        • Insolvency Litigation
        • Secured Lender Representation
        • Trade Creditors Representation
      • Corporate
        • Our Corporate Practice
        • Capital Markets
        • Commercial Contracting
        • Corporate Governance
        • Corporate Transparency Act
        • Mergers + Acquisitions
        • Real Estate Capital Markets (REITs)
      • Consumer Financial Services
        • Our Consumer Financial Services Practice
        • Auto Finance
        • Consumer Debt Servicing + Protection
        • Consumer Financial Protection Bureau (CFPB)
        • Consumer Law Compliance
        • Consumer Reporting Agencies + Background Screening
        • Enforcement Actions + Investigations
        • Fair Credit Reporting Act (FCRA)
        • Fair Debt Collection Practices Act (FDCPA)
        • Fair Lending
        • Federal Trade Commission (FTC)
        • Military Lending
        • Mortgage Lending + Servicing
        • Point-of-Sale Finance
        • Residential Solar Leasing + Finance
        • Student Lending
        • Telephone Consumer Protection Act (TCPA)
        • Tribal Lending
      • eDiscovery + Data Management
      • Employee Benefits + Executive Compensation
        • Employee Benefit Guidance on Workforce Transitions
        • Executive + Equity-Based Compensation
        • Governmental Audits, Benefit Claims + ERISA Litigation
        • Health + Welfare Plans
        • Our Employee Benefits + Executive Compensation Practice
        • Plan Governance, Investment + Fiduciary Issues
        • Tax-Qualified Retirement Plans
      • Environmental + Natural Resources
        • Our Environmental + Natural Resources Practice
        • Air Quality + Climate Change
        • Chemicals, Pesticides + Product Regulation
        • Contaminated Sites + Waste Management
        • Ecosystem Markets
        • Environmental Due Diligence
        • Environmental Justice
        • Environmental Litigation + Enforcement Defense
        • Natural Resources
        • PFAS + Emerging Contaminants
        • Pharmaceutical Waste Management
        • Release Reporting
        • Water Quality + Water Resources
      • Environmental, Social + Governance (ESG)
      • Finance + Banking
        • Our Finance + Banking Practice
        • Asset-Based Lending
        • Corporate Trust + Agency Services
        • Equipment Leasing + Finance
        • Fund Finance
        • Government Contract Lending
        • Life Sciences Lending
        • Mezzanine Lending
        • Senior Housing + Skilled Nursing Facility Financing
        • Syndicated Loans
        • Technology + Venture Lending
        • Warehouse Lending
      • Government + Regulatory
        • Our Government + Regulatory Practice
        • Economic Development
        • Government + Regulatory Litigation
      • Intellectual Property
        • Our Intellectual Property Practice
        • Academic + Research Institutions
        • Domain Name Litigation + UDRPs
        • IP International
        • ITC Litigation
        • Patent Litigation
        • Patent Prosecution, Counseling + Portfolio Management
        • Post-Grant Patent Review
        • Trademark + Copyright
      • International
      • Labor + Employment
        • Our Labor + Employment Practice
        • Accessible Facilities and Services (ADA Titles II and III)
        • Corporate Espionage Response Team
        • Employment Counseling
        • Fair Housing Compliance + Defense
        • Global Employment Issues
        • Government Claims + Investigations
        • Immigration
        • Independent Contractor Misclassification + Compliance
        • Labor + Employment Litigation + Dispute Resolution
        • Noncompete + Trade Secrets
        • OSHA + Workplace Safety
        • Traditional Labor
        • Wage + Hour Matters
      • Litigation + Trial
        • Antitrust
        • Appellate + Supreme Court
        • Business Litigation
        • Class Action
        • Consumer Products
        • Delaware Court of Chancery Litigation
        • First Amendment + Newsroom
        • Franchise, Distribution + Marketing Litigation
        • International Dispute Resolution
        • Our Litigation + Trial Practice
        • Product Liability
        • Securities Investigations + Enforcement
        • Securities Litigation
      • Lobbying + Public Affairs
      • Multifamily Housing Finance
        • Our Multifamily Housing Finance Practice
        • Affordable Housing + Community Development
        • Loan Originations
        • Servicing Transactions
      • Privacy + Cyber
        • Our Privacy + Cyber Practice
        • Advanced Technology: Leading-Edge Issues
        • Data + Privacy
        • Incidents + Investigations
      • Private Wealth Management
      • Public Finance
        • Our Public Finance Practice
        • Bond Counsel
      • Regulatory Investigations, Strategy + Enforcement
        • Our Regulatory Investigations, Strategy + Enforcement Practice
        • Better Business Bureau (BBB)
        • Consumer Law Compliance
        • Election Law + Redistricting
        • Gaming
        • Government Contracts
        • Local Government Services
        • Public Records/FOIA
        • State Administrative + Business Solutions
        • Virginia State Corporation Commission
      • State Attorneys General
      • Tax
        • Our Tax Practice
        • International Tax
        • State + Local Tax
        • Tax Controversy + Litigation
        • Tax: Public Finance
        • Transactions + Planning
      • Tariff + Trade Task Force
      • White Collar Litigation + Investigations
        • Our White Collar Litigation + Investigations Practice
        • Anti-Money Laundering
        • CFIUS
        • Due Diligence + Corporate Compliance
        • False Claims Act + Other Whistleblower Actions
        • Foreign Corrupt Practices Act (FCPA)
        • Sanctions + Trade Controls
    • Commitment + Innovation

      Innovation

      Applying radical applications of common sense

      Explore More

      plus

      Our standard-setting client experience program.

      Explore more

      Pro Bono

      Delivering life-changing help to those most in need.

      Explore More

      Alumni Network

      Our firm’s greatest asset is our people.

      Explore More

      Emerge

      Market-leading eDiscovery and data management services.

      Explore more

      The Pepper Center

      The Pepper Center for Public Services

      Explore more

    • Strategies

      More than your voice in government. Your ally.

      Strategies helps businesses and individuals solve the complexities of dealing with the government at every level. Our team of specialists concentrate exclusively on government affairs, representing clients nationwide who need assistance with public policy, advocacy, and government relations strategies.

      View Strategies

      Press Coverage

      ‘Diversified’ Economy: How Law Firms Can Bank on Charlotte

    • SEED

      Troutman Pepper Locke’s program for Startup and Early-Stage Entrepreneurial Development

      This unique program provides innovative and affordable opportunities to startups and early-stage emerging companies with a solid technology or scientific foundation. We help companies that have a quality management team in place and do not have other significant legal representation.

      Explore more

    • eMerge

      Market leading eDiscovery and data management services.

      eMerge’s lawyers and technologists work together to deliver strategic end-to-end eDiscovery and data management solutions for litigation, investigations, due diligence, and compliance matters. We help clients discover the information necessary to resolve disputes, respond to investigations, conduct due diligence, and comply with legal requirements.

      Explore more

    • View all Capabilities
  • What We Think

    What We Think

    Learn + Connect

    Stay ahead of the curve and in touch with our latest thinking on the issues that are top of mind across our practices and industry sectors.

    BLOG, Microsite + Podcast HUB

    Change happens fast in today’s turbulent world. Stay on top of the latest with our industry-specific channels.

    ACHIEVEMENTS

    Take a closer look at how we partner with clients to help them realize their goals.

  • Who We Are
  • Join Our Team
  • Achievements
  • Locations