Project Finance Law360 provides breaking news and analysis on high-impact project finance deals and attorneys involved. Coverage includes major industrial, infrastructure, and public service projects, as well as related litigation and policy developments.
The federal board charged with overseeing Puerto Rico’s financial overhaul and addressing its debt crisis was unconstitutionally appointed and must either be confirmed by the U.S. Senate or replaced in accordance with the law within the next 90 days, the First Circuit ruled Friday.
Utah and the American Farm Bureau Federation urged a D.C. federal court Friday to toss suits from environmental groups and Native American tribes challenging President Donald Trump’s decision to shrink two national monuments, saying the modification is within the purview of presidential authority.
A Montana federal judge on Friday said TransCanada could only perform limited pre-construction activities related to the Keystone XL pipeline while it appeals his decision halting work on the controversial project, and only in privately owned areas that aren't on the pipeline's right-of-way and have been previously surveyed and permitted.
Ashurst has nabbed an attorney from a Jakarta, Indonesia, law firm associated with Allen & Overy LLP, bolstering its Southeast Asia offerings with his experience working on renewable energy, oil and gas, and mining infrastructure projects and advising on related litigation and arbitration proceedings.
The head of a development company was “‘consciously’ reckless” when he diverted money raised from investors through the EB-5 visa program so he could make payments on his BMW and issue loans to relatives, misappropriating at least $6.5 million, a Washington federal judge held on Friday.