California High-Speed Rail: On the Fast Track
Client Alert | less than 1 min read | 05.13.11
The California High-Speed Rail Authority announced this week that USDOT has awarded California $300 million in supplemental high speed rail ("HSR") funding, bringing the state's total dedicated HSR funding to $6.33 billion. California, which has received approximately 40% of all federal HSR funds to date, intends to begin construction in 2012 on what will eventually become an 800-mile statewide HSR system, stretching from Sacramento in the north to San Diego in the south, with this massive infrastructure project funded through a combination of state bonds, federal funding, and public-private partnerships.
Contacts
Insights
Client Alert | 6 min read | 06.09.26
Is Stock-a-palooza Over? Supreme Court allows SEC to Pursue Disgorgement
On June 4, 2026, the U.S. Supreme Court unanimously held that the U.S. Securities and Exchange Commission (SEC) can continue to pursue disgorgement as an equitable remedy in securities fraud cases without showing pecuniary loss by investors. The Court’s ruling in Sripetch v. SEC resolves a split between the U.S. Court of Appeals for the Second Circuit, which concluded that the SEC must demonstrate pecuniary loss, and the U.S. Courts of Appeals for the First and Ninth Circuits, which declined to require such a showing.
Client Alert | 2 min read | 06.09.26
Client Alert | 7 min read | 06.09.26
Client Alert | 11 min read | 06.08.26
