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Airport Public-Private Partnerships Taking Off?

Client Alert | less than 1 min read | 02.29.12

The recently enacted FAA Modernization and Reform Act of 2012 caps the budget for airport improvement funds through FY15, which likely will prompt airports to consider using public-private partnerships (P3s) for infrastructure improvements. Illustrative of this potential, earlier this month the Port Authority of New York and New Jersey announced it is continuing to explore a P3 to design, build, finance, operate, and maintain a new, $3.6 billion Central Terminal Building at LaGuardia Airport and has received "significant interest" from investors, airport construction and development companies, facility operations and management firms, and concession developers in response to an initial request for information.

 

Insights

Client Alert | 9 min read | 09.11.25

One Year After Illumina/Grail – How Are EU Competition Authorities Now Dealing With Below-Threshold Mergers

About one year ago, the European Court of Justice (CJEU) ruled in its landmark Illumina/Grail judgment that the European Commission could not accept merger referrals from national competition authorities under Article 22 of the EU Merger Regulation (EUMR) unless those authorities had jurisdiction to review the transaction themselves (see our previous alert)....