Energy Regulation and Litigation
Cheryl Foley serves as a counsel in Skadden’s Washington, D.C. office. Her practice involves representing utilities, governmental entities, independent power producers, transmission and generation developers, marketers, and other electric power and natural gas market participants regarding utility regulatory matters, in administrative litigation before the Federal Energy Regulatory Commission (FERC), and in appeals of FERC orders in the federal appellate courts. Before joining the firm in 2001, Ms. Foley served as a consultant on behalf of Cinergy Corp., where she negotiated the establishment of a new technology and energy infrastructure investment company to be partially owned by Cinergy Corp. Before this, she held the position of vice president, general counsel and corporate secretary of Cinergy Corp., and its predecessor, PSI Resources, Inc.
Ms. Foley has a wide range of experience in the energy industry, as demonstrated by her work serving as general counsel of a major United States electric and gas utility company and as president of its international energy development group managing a diverse portfolio of energy assets in the United States, Europe, Africa and South America. Her experience also includes energy deregulation and privatization initiatives in countries such as England and Argentina. In her capacity as general counsel, she was responsible for mergers, acquisitions, partnerships and joint ventures, federal and state regulatory issues (Federal Energy Regulatory Commission and Securities and Exchange Commission under the Public Utility Holding Company Act), litigation, human resources, labor relations, corporate securities, tax and finance, environmental issues, contracting and energy project development worldwide.
In 1992, Ms. Foley served on the team that negotiated a merger agreement between PSI Energy, Inc. and The Cincinnati Gas and Electric Company to form Cinergy Corp. In the wake of this merger, she managed the legal and regulatory aspects of a hostile takeover attempt of PSI by IPALCO Enterprises, Inc. (which had objected to the PSI/Cincinnati Gas merger) and the ultimate consummation of the Cinergy merger.
Ms. Foley formerly served as vice president and general counsel of a major interstate pipeline company. She also has served on the legal committees of the Electric Edison Institute, the American Gas Association and the Interstate Natural Gas Association of America, chairing the latter in 1988-1989.
J.D., Capital University, 1978 (summa cum laude, Order of the Coif)
B.A., Mount Holyoke College, 1969 (cum laude, major in French, minor in economics)
Also attended courses at the University of Houston, Houston, Texas
Member of the Energy Bar Association
Former Chairman of the Board of Trustees of Union Institute & University
Former Vice President of the Board of Directors of Eagle Valley Land Trust
Previously served on the boards of the: Cincinnati Arts Association; Connor Prairie of Indianapolis; Indianapolis Symphony Orchestra; Indianapolis Red Cross; Indianapolis Legal Aid Society; Federal Energy Bar Association; and Federal Energy Law Journal
Former Chairman of the Corporate Counsel Section of the Houston Young Lawyers Association; and former advisory director for the University of Houston energy law division