Project Finance

  • October 18, 2024

    Law360 MVP Awards Go To Top Attys From 74 Firms

    The attorneys chosen as Law360's 2024 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.

  • October 18, 2024

    US Treasury Awards $500M To Boost Small Tribal Businesses

    The U.S. Department of the Treasury wrapped up its approvals of $500 million in applications from tribal nations, marking the largest federal investment in Indian Country in the nation's history in Native American-owned small businesses that is expected to yield as much as $5 billion in additional financing support.

  • October 18, 2024

    DC Firms Look To Exit Suit Over $120M Iraq Award

    Pierson Ferdinand LLP and another boutique firm have urged the D.C. Circuit to let them withdraw as counsel for Iraq as the country looks to overturn an order allowing a construction firm permission to go after Iraqi assets to satisfy a $120 million judgment, saying the country owes some $25,000 in legal fees and has stopped responding to the firms' inquiries on the litigation.

  • October 17, 2024

    Engineer Wood PLC Faces Contempt Bid Amid Pipeline Spat

    A contractor facing claims that it mismanaged the construction of a $22 million Colonial Pipeline Co. fuel terminal in Georgia asked a federal judge Thursday to hold multinational engineering firm John L. Wood PLC in contempt of court for playing "word games" with a recent subpoena.

  • October 17, 2024

    NTIA Drops 1st List Of Self-Identified 'Build America' Makers

    The National Telecommunications and Information Administration has released the first list of self-identifying manufacturers complying with the Broadband Equity Access and Deployment program's Build America, Buy America waiver.

  • October 17, 2024

    Infrastructure Co. Owes $2.4M In Arb. Fees In Solar Plant Fight

    A federal judge has upheld an award of $2.4 million in fees to a Spanish construction firm in its dispute with an infrastructure company over a failed energy project in the Nevada desert, ruling an arbitration tribunal did not ignore the law in the breach of contract action.

  • October 17, 2024

    Alabama, Florida Get OK To Access $2.5B BEAD Funding

    The National Telecommunications and Information Administration announced Thursday it has approved proposals from Alabama and Florida for $2.5 billion funding to begin implementing the Broadband Equity, Access and Deployment program to improve high-speed internet connectivity in underserved communities.

  • October 16, 2024

    Cos. Slam Spain's Bid For DC Circ. Redo Over $395M Suits

    Three investment companies have opposed Spain's request for a rehearing in the D.C. Circuit over the appeals court's ruling that district courts have jurisdiction to enforce about $395 million in arbitral awards issued against the country after it rolled back economic incentives for renewable energy projects.

  • October 16, 2024

    Feds, Md. Tell 4th Circ. Beltway Lane Expansion Is Fully Vetted

    Federal and Maryland state transportation officials have told the Fourth Circuit that they thoroughly vetted air pollution, traffic congestion and other environmental concerns before approving an estimated $4 billion highway expansion project outside Washington, D.C., arguing that environmental groups have no grounds to sue to block the project.

  • October 16, 2024

    11th Circ. Won't Nix OK Of Guatemalan Power Plant Award

    The Eleventh Circuit refused Wednesday to vacate an arbitral award issued following a dispute over an ill-fated Guatemalan power plant construction project, rejecting arguments that the tribunal improperly turned a blind eye to alleged corruption underlying the project.

  • October 16, 2024

    Amec Unit Wants 'Vexatious' Biofuel Plant Suit Tossed

    Energy construction giant Amec Foster Wheeler and one of its units called on a Georgia federal judge to throw out a lawsuit alleging it misled a Peach State power company about the quality of work on two biofuel plants, arguing the company's complaint violates the claim-splitting doctrine and lacks sufficient factual allegations.

  • October 15, 2024

    Spain Claims 2 Energy Arbitration Wins In Intra-EU Disputes

    Spain said it has won a first with two arbitral awards favoring the country where International Centre for Settlement of Investment Disputes tribunals found they did not have the jurisdiction to hear a dispute under the Energy Charter Treaty between a European Union member state and an EU investor.

  • October 15, 2024

    Texas Regulators Oppose Bid To Open Up Texas Grid Projects

    The Public Utility Commission of Texas and three electricity companies have fired back at an independent electric transmission developer's attempt to halt a Texas law reserving new power line development for incumbent transmission companies.

  • October 15, 2024

    Law Firms Diverge As Anti-ESG Pushback Continues

    A continuing onslaught of legislation and litigation opposing corporate environmental, social and governance actions has created a fork in the road for law firms, with some choosing to scale back efforts and others pushing ahead with their internal ESG and diversity, equity and inclusion goals.

  • October 15, 2024

    The 2024 Law360 Pulse Social Impact Leaders

    Check out our Social Impact Leaders ranking, analysis and interactive graphics to see which firms stand out for their engagement with social responsibility and commitment to pro bono service.

  • October 11, 2024

    5th Circ. Broke Precedent In FCC Subsidy Case, Justices Told

    The Fifth Circuit not only split with two other appeals courts when it overturned the revenue base for the Federal Communications Commission's telecom subsidy programs, but also broke with U.S. Supreme Court precedent, advocacy groups told justices Friday.

  • October 11, 2024

    Cable Biz Says Feds Need To Remove Barriers To Broadband

    The cable industry is making its case at the Federal Communications Commission that while advanced telecom service is being deployed in a "reasonable and timely" fashion, the feds should remove regulatory barriers to hasten deployment.

  • October 11, 2024

    RICO Suit Accuses VC Co. Of Falsely Claiming Native Ties

    Three California corporations have hit the owners and operators of a venture capital firm with a racketeering suit in federal court, accusing them of falsely claiming they have Native American ties and can procure grants and loans for development projects managed by non-Native entrepreneurs.

  • October 11, 2024

    Indicted NJ Power Broker Says Civil Suit Belongs In Biz Court 

    Indicted Garden State power broker George E. Norcross III has asked a New Jersey state judge to transfer the civil racketeering suit brought against him and his attorney brother by a Philadelphia developer to the state's complex business litigation program.

  • October 10, 2024

    Neb. Tribe Fights Feds' Bid To Dismiss Debt Collection Suit

    A Nebraska tribe is fighting a bid by the Indian Health Service to dismiss its claims that the U.S. government tried to collect millions on an already paid debt, saying that despite the federal agency's arguments, the statute of limitations in the suit is non-jurisdictional and must move forward.

  • October 10, 2024

    Exxon Suing Netherlands Over Gas Phaseout Plans

    An ExxonMobil unit has accused the Netherlands of reneging on its contractual obligations related to the phasedown of gas extraction activities in the country's earthquake-stricken Groningen oil field.

  • October 10, 2024

    Feds Say 'Buy America' Waiver In Train Project Should Stand

    The U.S. Department of Transportation's Federal Railroad Administration is urging a D.C. federal court to toss a suit alleging it wrongly waived "Buy America" requirements for a Las Vegas high-speed train project, arguing the plaintiff vendor hasn't shown it would have won the contract if the waiver hadn't been granted.

  • October 09, 2024

    Co-Ops Say FCC Should Use Meter Data For Broadband Maps

    The Federal Communications Commission ought to take advantage of the power meter data that electric cooperatives have access to when trying to find wrinkles or gaps in the agency's broadband maps, a group representing rural electric co-ops says.

  • October 09, 2024

    Lima Urges DC Circ. To Ax $200M Awards To Ex-Odebrecht Co.

    The Peruvian city of Lima has urged the D.C. Circuit to vacate $200 million in arbitration awards secured by a former subsidiary of "corrupt" Brazilian conglomerate Odebrecht over a failed toll road construction contract, calling the construction giant "an inveterate worldwide briber."

  • October 09, 2024

    Carlton Fields Group Co-Leader Joins Ballard Spahr

    The co-chair of Carlton Fields' commercial finance industry group, who has nearly 40 years of legal experience and served as vice president and deputy general counsel of Fannie Mae, has moved her practice to Ballard Spahr LLP, where she'll continue working on housing finance matters, the firm announced Wednesday.

Expert Analysis

  • How Methods Are Evolving In Textualist Interpretations

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    Textualists at the U.S. Supreme Court are increasingly considering new methods such as corpus linguistics and surveys to evaluate what a statute's text communicates to an ordinary reader, while lower courts even mull large language models like ChatGPT as supplements, says Kevin Tobia at Georgetown Law.

  • Why Attorneys Should Consider Community Leadership Roles

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    Volunteering and nonprofit board service are complementary to, but distinct from, traditional pro bono work, and taking on these community leadership roles can produce dividends for lawyers, their firms and the nonprofit causes they support, says Katie Beacham at Kilpatrick.

  • 'Pig Butchering': The Scam That Exploits Crypto Confusion

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    Certain red flags can tip off banks to possible "pig-butchering," and with the scam's increasing popularity, financial institutions need to take action to monitor entry points into the crypto space, detect suspicious activity and provide a necessary backstop to protect customers, say Brandon Essig and Mary Parrish McCracken at Lightfoot Franklin.

  • Firms Must Offer A Trifecta Of Services In Post-Chevron World

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    After the U.S. Supreme Court’s Loper Bright Enterprises v. Raimondo decision overturning Chevron deference, law firms will need to integrate litigation, lobbying and communications functions to keep up with the ramifications of the ruling and provide adequate counsel quickly, says Neil Hare at Dentons.

  • 5 Tips To Succeed In A Master Of Laws Program And Beyond

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    As lawyers and recent law school graduates begin their Master of Laws coursework across the country, they should keep a few pointers in mind to get the most out of their programs and kick-start successful careers in their practice areas, says Kelley Miller at Reed Smith.

  • Series

    Being An Opera Singer Made Me A Better Lawyer

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    My journey from the stage to the courtroom has shown that the skills I honed as an opera singer – punctuality, memorization, creativity and more – have all played a vital role in my success as an attorney, says Gerard D'Emilio at GableGotwals.

  • How Law Firms Can Avoid 'Collaboration Drag'

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    Law firm decision making can be stifled by “collaboration drag” — characterized by too many pointless meetings, too much peer feedback and too little dissent — but a few strategies can help stakeholders improve decision-making processes and build consensus, says Steve Groom at Miles Mediation.

  • Opinion

    Litigation Funding Disclosure Key To Open, Impartial Process

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    Blanket investor and funding agreement disclosures should be required in all civil cases where the investor has a financial interest in the outcome in order to address issues ranging from potential conflicts of interest to national security concerns, says Bob Goodlatte, former U.S. House Representative for Virginia.

  • Carbon Offset Case A Win For CFTC Enviro Fraud Task Force

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    An Illinois federal court's decision in Commodity Futures Trading Commission v. Ikkurty — earning the CFTC a sizeable monetary award that will likely incentivize similar enforcement pursuit — shows the impact of the commission's Environmental Fraud Task Force, say attorneys at Steptoe.

  • What NFL Draft Picks Have In Common With Lateral Law Hires

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    Nearly half of law firm lateral hires leave within a few years — a failure rate that is strikingly similar to the performance of NFL quarterbacks drafted in the first round — in part because evaluators focus too heavily on quantifiable metrics and not enough on a prospect's character traits, says Howard Rosenberg at Baretz+Brunelle.

  • Replacing The Stigma Of Menopause With Law Firm Support

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    A large proportion of the workforce is forced to pull the brakes on their career aspirations because of the taboo surrounding menopause and a lack of consistent support, but law firms can initiate the cultural shift needed by formulating thoughtful workplace policies, says Barbara Hamilton-Bruce at Simmons & Simmons.

  • Planning Law Firm Content Calendars: What, When, Where

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    During the slower month of August, law firms should begin working on their 2025 content calendars, planning out a content creation and distribution framework that aligns with the firm’s objectives and maintains audience engagement throughout the year, says Jessica Kaplan at Legally Penned.

  • Series

    Playing Golf Makes Me A Better Lawyer

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    Golf can positively affect your personal and professional life well beyond the final putt, and it’s helped enrich my legal practice by improving my ability to build lasting relationships, study and apply the rules, face adversity with grace, and maintain my mental and physical well-being, says Adam Kelly at Venable.

  • Brownfield Questions Surround IRS Tax Credit Bonus

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    Though the IRS has published guidance regarding the Inflation Reduction Act's 10% adder for tax credits generated by renewable energy projects constructed on brownfield sites, considerable guesswork remains as potential implications seem contrary to IRS intentions, say Megan Caldwell and Jon Micah Goeller at Husch Blackwell.

  • Law Firms Should Move From Reactive To Proactive Marketing

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    Most law firm marketing and business development teams operate in silos, leading to an ad hoc, reactive approach, but shifting to a culture of proactive planning — beginning with comprehensive campaigns — can help firms effectively execute their broader business strategy, says Paul Manuele at PR Manuele Consulting.

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