DBE Program Lawsuit: The Future of Race and Gender-Based Policies in Business after SFFA

In the context of the U.S. Supreme Court’s precedent-setting verdict in Students for Fair Admissions, Inc. v. President & Fellows of Harvard College, 600 U.S. 181 (2023) (SFFA), which curtailed the extent of race-based affirmative action programs in college admissions, a consequential federal lawsuit has now been leveled in the Eastern District of Kentucky. This…

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UAE’s Push for Green Real Estate: Overcoming Challenges and Incentivizing Sustainable Construction

The United Arab Emirates (UAE) is spearheading a movement toward sustainability in the Middle East, incorporating eco-friendly standards into the realms of construction and real estate. However, as outlined by professionals Ian Bevan and Ejiro Otu of the multinational law firm Allen & Overy LLP, there are still steps to be taken to further incentivise…

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CFPB Approves ICBA’s Application for Alternative Disclosures on Construction-to-Permanent Loans

The Consumer Financial Protection Bureau (CFPB) recently approved an application from the Independent Community Bankers Association (ICBA) for alternative disclosures under the Truth in Lending Act (TILA)/Real Estate Settlement Procedures Act (RESPA) Integrated Disclosure (TRID) rule for construction-to-permanent loans. This approval is specifically for a Trial Disclosure Program Waiver Template (TDP Waiver Template). However, it’s…

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Landmark Ruling in Cunningham v. Cornell University Clarifies ERISA Prohibited Transaction Pleading Standards

The Second Circuit, through its landmark decision in Cunningham v. Cornell University, has taken significant strides in clarifying the pleading standards for ERISA prohibited transaction claims. This conclusion came after years of courts wrestling with establishing an appropriate standard. The matter, as per the perceived legal consensus, was becoming an urgent one, given that too…

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FinCEN and IRS CI Tackle COVID-19 Employee Retention Credit Fraud

On November 22, 2023, the Financial Crimes Enforcement Network (FinCEN) issued an alert in partnership with the Internal Revenue Service (IRS) Criminal Investigation (CI) division regarding the ongoing issue of COVID-19 Employee Retention Credit (ERC) fraud. This information, as detailed by legal news platform JDSupra, reveals FinCEN’s ongoing efforts to tackle fraud schemes that have…

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Navigating Pitfalls in Major Construction Projects: Risk Mitigation for Corporations and Law Firms

Delivering major construction projects, as many corporations and law firms are well aware, presents its own unique set of challenges. These can range from the financial, exploratory, labour or operational aspects and affect the overall trajectory and success of the project. The state of the global climate has only amplified these challenges, spurring an increase…

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Constructive Acceleration and Delays: Navigating Flow-Down Provisions in Federal Construction Projects

The realm of construction law often involves complex intersections between legal regulations and business practices. One such area is the treatment of constructive acceleration and delays on federal projects. The regulatory framework for this field is governed primarily by the Federal Acquisition Regulations (FAR). These rules outline the management of claims against the government for…

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Novo Nordisk Pledges €2.1 Billion to Expand French Facility Amid Rising Global Metabolic Drug Demand

Demand for metabolic disorder drugs from Novo Nordisk, a global healthcare company, has far surpassed the supply, resulting in product shortages. In response to this, the company is planning a significant expansion of an existing production site. A recent investment announcement from Novo Nordisk indicates a sum of more than 16 billion Danish Kroner (approximately…

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California Contractors Face New Diesel Fleet Regulations in 2024: CARB Compliance and Environmental Impact

Construction contractors operating in California should be aware of upcoming changes to existing regulations. The California Air Resources Board (CARB) approved amendments to the In-Use Off-Road Diesel-Fueled Fleet regulations back in November 2022, which will take effect from January 1, 2024, inevitably impacting the state’s contractors. The amendments not only continue to enforce CARB compliance…

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DOE Proposes Categorical Exclusions: Streamlining NEPA Review for Energy Storage and Renewable Projects

On November 16, 2023, the U.S. Department of Energy (DOE) announced a Notice of Proposed Rulemaking (NOPR) with the aim to amend its National Environmental Policy Act (NEPA) implementation regulations. Included in the proposed changes are the introduction of a categorical exclusion for specific energy storage systems, along with modifications to existing exclusions for the…

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China Expands Mosque Closures and Consolidation Efforts Beyond Xinjiang: Human Rights Watch Reveals

According to Human Rights Watch, the Chinese government is broadening its mosque closure campaign beyond the widely condemned Xinjiang region, extending to northern Ningxia region and Gansu province. An area inhabited by significant populations of Hui Muslims, a distinct ethno-religious Chinese group numbering over 10 million individuals, both Ningxia and Gansu are witnessing an increase…

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Haiti Human Rights NGO Suspends Operations Amid Escalating Threats and Violence

The Center for Analysis and Research in Human Rights (CARDH) announced on Thursday that they would temporarily suspend their operations in Haiti due to escalating threats against its staff. CARDH, operating in Haiti since 2008, has been steadily reducing its operations over recent months due to intensifying gang violence within the country’s capital, Port-au-Prince. Through…

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Statkraft Acquires Elecnor’s Enerfin for €1.8 Billion, Boosting Renewable Energy Ambitions

Leading law firms, Herbert Smith Freehills and Pérez-Llorca, have played a significant role in a €1.8 billion transaction within the renewable energy sector. A Norwegian energy generator, Statkraft, has finalised an agreement to acquire the renewable business of the Spanish engineering and construction company, Elecnor Group. The business, named Enerfin, was purchased in a deal…

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NLRB’s Landmark Decision Revamps Representation Election Process: Implications for Union Recognition

The National Labor Relations Board (NLRB) has shifted decades of precedent with a recent decision involving Cemex Construction Materials Pacific, LLC. The established process around representation elections has been significantly altered, delivering new mandates for employers responding to union demands for recognition. In the case of Cemex Construction Materials Pacific, LLC, the Board retired its…

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Federal Lawmakers Accelerate Examination and Regulation of Artificial Intelligence

In a notable trend manifesting over the past few months, federal lawmakers have shown an increased interest in the examination and potential regulation of artificial intelligence (AI). Through a series of hearings and legislative proposals, legislators seem poised towards construction and implementation of comprehensive AI legislation. This newfound focus gains relevance in light of the…

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