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Latest News in Project Finance
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October 13, 2026
Sen. Ted Cruz, R-Texas, issued a report Tuesday claiming the E-Rate program's costs have ballooned over time due to layers of bureaucracy and outside consulting work for local organizations that use the federal broadband subsidy.
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October 13, 2026
A unanimous Fifth Circuit panel affirmed a lower court's ruling in favor of Ginnie Mae in a suit Texas Capital Bank brought over the extinguishment of its lien on reverse mortgage assets, saying there is a "sound statutory basis to conclude" that Ginnie Mae has authority over the entire mortgage once an issuer defaults.
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October 13, 2026
Norfolk Southern Corp. is asking an Ohio federal judge to throw out the East Palestine City School District Board of Education's latest complaint over the 2023 train derailment, saying the claims that the derailment cost the board tax money cannot stand up to court standards.
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October 13, 2026
The indicted former leader of two Connecticut housing authorities invoked his Fifth Amendment right against self-incrimination Tuesday during a civil hearing in state court that sought to bar him from using his home to secure a $500,000 federal appearance bond.
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October 13, 2026
McDermott Will & Schulte has hired former Greenberg Traurig LLP real estate finance attorney Paul K. Kovachev to be a partner in its transactions practice group in New York City, the firm announced.
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