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.
A New York federal judge on Wednesday said the government may introduce evidence in the Foreign Corrupt Practices Act trial of the head of a Chinese nongovernmental organization that he planned to bribe the same United Nations official at the center of Chinese real estate billionaire Ng Lap Seng’s bribery case.
The outline of a plan to restructure nearly $18 billion in debt owed by the Puerto Rico Sales Tax Financing Corp., or COFINA, is missing vital information, some stakeholders said this week, saying more details are needed on how funds will be distributed and how pending lawsuits will affect the process.
The U.S. Environmental Protection Agency's latest change to a Clean Air Act permitting program will provide clarity to facilities looking to expand their operations and make it easier to avoid more stringent pollution controls, continuing the Trump administration's efforts to make industry-friendly changes to the program.
A Navajo Nation landowners group has urged the Tenth Circuit to rule against environmental groups and another Navajo tribal group seeking to block the Bureau of Land Management from allowing further oil and gas drilling in New Mexico’s Mancos Shale, saying it’s essential to the local economy.
Sears Holdings Corp. is firing back at its unsecured creditors' objections to its bidding procedures proposal, telling a New York bankruptcy court that the committee is making "uninformed" suggestions that could cost the estate billions.