Transportation Law360 provides breaking legal news and analysis of developments affecting the transportation industry. Coverage includes high-stakes litigation and enforcement actions, policy developments, and projects and transactions involving transportation companies.
Car enthusiasts who were expecting to be able to race like the greats in their Shelby GT350 Mustangs from Ford Motor Co. were disappointed because of a pair of defects that cause the cars to lose speed and power mid-drive, according to a proposed class action in Florida on Wednesday.
ING Bank said Tuesday it has signed an agreement to sell its $120 million stake in the loan financing Dakota Access LLC’s controversial crude oil pipeline to an undisclosed buyer, after the Standing Rock Sioux Tribe urged the bank to do so as a message.
The city of Seattle told a Washington federal judge Wednesday to toss the U.S. Chamber of Commerce’s suit challenging the city’s law giving for-hire drivers working for companies such as Uber and Lyft the right to unionize, saying the claims are based on speculative events that may never come to pass.
General Motors Co. representatives have told the Federal Communications Commission chairman that the company is open to certain spectrum-sharing as long as it doesn’t interfere with wireless car technology and asked for “regulatory certainty” for a safety measure in autonomous vehicles.
The Swiss unit of Arab Bank filed suit in Connecticut federal court Wednesday demanding the “arrest and seizure” of a shipping vessel and $2 million in damages after a botched corn delivery, attempting to obtain “security” while the parties arbitrate in London.