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Latest News in Project Finance

• March 03, 2026

  Gov't Goes After $19M In Biofuel Tax Credit Fraud Case

  A businessman who owes more than $19 million to a company subject to forfeiture over its involvement in a $511 million biofuel tax credit fraud must hand over the money to the federal government now that a catfishing scheme targeting him is resolved, the government told a Utah federal court.

• March 03, 2026

  Feds Lose Fight To End NY Congestion Pricing

  A Manhattan federal judge ruled Tuesday that the U.S. Department of Transportation acted unlawfully when it purportedly terminated a federal agreement that gave New York's congestion pricing the green light, handing the state a decisive victory against the Trump administration's efforts to eliminate the program.

• March 02, 2026

  E-Rate Could Cut Some Regulatory Fat, FCC Told

  While the Federal Communications Commission is looking for regulations to get rid of, one organization said it has a list of options for the agency to consider when it comes to the E-Rate subsidy program.

• March 02, 2026

  5th Circ. Presses McDermott Shareholders On Direct Claim

  A Fifth Circuit panel wanted to know why investors should get another shot at a direct class action alleging that McDermott International Inc. made misrepresentations about a $6 billion merger, asking Monday if the case before the court was "analogous" to a case alleging the company overpaid for the merger.

• March 02, 2026

  Trucking Group Defends $21M Atty Fee Bid In RI Tolls Fight

  The commercial trucking industry's lead trade group has argued it's entitled to $21 million in attorney fees as it staunchly objected to a Rhode Island federal magistrate judge's recommendation that its request be slashed to $2.7 million in long-running litigation over the state's truck tolling program.

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