Calif. Sen. Wants $68B Rail Plan Delayed For Enviro Review

Law360, San Diego (July 24, 2012, 7:21 PM EDT) -- A California lawmaker who voted in favor of funding the initial segment of the state’s $68.4 billion high-speed rail project said Friday he is calling on the California High-Speed Rail Authority to postpone part of the plan during the environmental review stage.

Sen. Michael Rubio, D-Bakersfield, submitted comments earlier this month to the rail authority, asking it to hold off on selecting a formal alignment through Bakersfield to allow for more time to find an alternative route that minimizes direct impacts on businesses, agriculture and residents....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.