Carol R. Gosain is a partner in Steptoe's Washington office, where she is a member of the Regulatory & Industry Affairs Department. Her practice focuses on the areas of transportation, energy, and administrative law, with a particular focus on aviation and electric power law.

Aviation
Ms. Gosain’s practice encompasses a wide range of regulatory and commercial matters, including various types of proceedings before the Department of Transportation, the Federal Aviation Administration, and the Department of Homeland Security (including the Transportation Security Administration and Customs and Border Protection). Ms. Gosain’s extensive regulatory experience includes counseling and representing clients in connection with airline alliances and joint ventures, air political matters, regulatory rulemakings, codesharing and wet lease issues, applications for economic authority, charter operations, overflights, security programs and other security-related matters, disability rules, fare and fee advertising requirements, hazardous materials regulation, CRS matters, DOT and FAA enforcement proceedings, and FAA regulation of unmanned aircraft. She regularly advises clients with respect to compliance with DOT, FAA, TSA, and CBP regulations. She has also assisted clients with business law matters, including contract drafting/review, and labor and transportation tax issues.

Electric Power
Ms. Gosain has extensive experience advising clients on regulatory matters associated with mergers, acquisitions, and financings. Ms. Gosain has represented electric utilities (both US and non-US), independent power producers, and private equity investment firms in such transactions. She counsels clients on matters arising under the Federal Power Act, the Public Utility Regulatory Policies Act, and the Energy Policy Act of 2005, including particularly the Public Utility Holding Company Act of 2005. Ms. Gosain advises electric utilities, independent power producers, and power marketers on a broad range of matters related to electric energy regulation, including market-based rate authority, market power issues, exempt wholesale generator and qualifying facility status, standards and codes of conduct, rulemaking proceedings, and compliance with FERC regulations.