Did you know that hundreds of civil court cases each year are funded by hedge funds, commercial lenders or sovereign wealth funds as a form of investment? It is a shame these third-parties are exploiting these situations and people for financial gain.
As it stands now, plaintiff attorneys are not required to divulge who is funding the litigation, but there is a bill on Capitol Hill requiring the disclosure of the parties who will receive payment in civil lawsuits.
The Supreme Court of the United States (SCOTUS) recently ruled on two high profile trucking cases. The first was Montgomery v. Caribe Transport II, LLC involving a 2017 truck accident in which a truck operated by Caribe Transport struck Mr. Montgomery's tractor...
Our ports are gaining long sought-after and much needed influence and attention at the national level. The US Department of Transportation's Maritime Administration (MARAD) recently awarded $774 million in port infrastructure grants. There is an additional $488.6...
Speaking of the Maritime Administration (MARAD), they initiated a Request for Information (RFI) soliciting input from industry stakeholders, ship builders and operators and technology companies to determine how small modular nuclear reactors (SMRs) can be integrated...
Last month, the US Senate confirmed Robert Harvey as the newest Federal Maritime Commission (FMC) commissioner. Mr. Harvey fills the fifth and final seat on the FMC. The FMC is gaining prominence and proving they do not mind following up a bark with a bite. They...
At long last, the federal government is taking cargo crimes seriously. The Combating Organized Retail Crime Act (CORCA) passed the US House last month. CORCA focuses on investigating and prosecuting organized cargo theft rings. The Building Unrivaled Infrastructure...