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Transportation Leaders Propose Massive Public-Private Partnership Project in Northeast Rail Corridor

Client Alert | less than 1 min read | 05.27.11

On May 26, 2011, House Transportation leaders outlined a dramatic Public-Private Partnership proposal designed to bolster the development of high-speed rail in the heavily populated "Northeast Corridor." Continuing the trend towards PPP procurement on the federal, state and local levels, the proposed legislation would separate the Northeast Corridor from Amtrak, transfer it to a separate entity, and begin a competitive bidding process that would allow for a PPP to design, build, operate, maintain, and finance high-speed rail service over the next 10 years.

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Client Alert | 4 min read | 02.19.26

Proposed NY Legislation May Mean Potential Criminal Charges for Unlicensed Crypto Firms

On January 14, 2026, State Senator Zellnor Myrie proposed legislation in the New York State Senate that would amend New York law to make it a criminal offense to operate a virtual currency business in New York without the proper license. By introducing the possibility of criminal penalties, Senate Bill S. 8901, the Cryptocurrency Regulation Yields Protections, Trust, and Oversight Act (CRYPTO Act), would mark a significant regulatory shift in the state’s oversight of virtual currency businesses, given New York’s prominence in virtual currency regulation in the U.S....