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.
Two Republican lawmakers introduced a bill Thursday meant to speed up the environmental planning and review of water projects by two U.S. Department of the Interior agencies and to advance a specific water management project for the Yakima River in Washington state.
Amtrak has asked the U.S. Supreme Court to determine whether the Surface Transportation Board has authority to define an “on-time” passenger train when investigating railroads for delays, saying a recent void in the law jeopardizes Amtrak’s longstanding right of way over cargo traffic on railways.
A Three Affiliated Tribes member and his attorney urged a North Dakota federal judge Thursday to reconsider his decision to cut off their tribal court litigation against Enerplus Resources Corp. in a $3 million royalty overpayment dispute, saying the judge failed to take into account the oil and gas company’s alleged violations of tribal law.
Federal Communications Commission Chairman Ajit Pai and the commission’s Republican majority voted Thursday to accelerate the country’s shift from a copper data network to fiber optics, saying unneeded regulations deter many companies from investing in these new networks.
The U.S. Department of the Treasury on Friday called for the Financial Stability Oversight Council to take a “new approach” to safeguarding the financial system, urging the Dodd-Frank Act-created panel to shift away from tagging nonbank financial firms for tougher regulatory scrutiny and instead take an industrywide view that looks at particular products and activities.