New India News

  As the fund finance industry has matured, investment managers and lenders alike have sought increasingly efficient and flexible ways to structure credit facilities across expanding fund platforms. Sponsors today generally manage multiple funds with differing investment strategies while lenders are navigating borrower relationships, balance-sheet optimization and evolving syndication dynamics. As the umbrella facility has…

The construction industry is once again facing a familiar challenge. Specifically, geopolitical conflicts translating directly into higher project costs, price volatility, and contractual disputes. The ongoing war involving Iran and the continuing disruptions to shipping traffic through the Strait of Hormuz have sent shockwaves through energy markets, international shipping, and construction supply chains worldwide. For…

Our post today details the ins and outs of Red Notice Blocking for individuals attempting to remove their INTERPOL Red Notices.  Removing a person’s name from INTERPOL’s wanted list and its website One of the primary concerns of most Red Notice subjects is obviously having their names removed from INTERPOL’s wanted list. As that process…

The Department of Justice’s $549.5 million False Claims Act settlement with Perfectus Aluminum marks one of the largest customs fraud recoveries in recent years and signals an aggressive new era of tariff enforcement. In this episode, Michael Volkov examines DOJ’s expanding use of the False Claims Act to pursue alleged tariff circumvention schemes, the growing…

On May 7, 2026, the US Department of Defense (“DoD,” also known as the “Department of War”) published a proposed rule to amend the Defense Federal Acquisition Regulation Supplement (“DFARS”). The proposed rule aims to implement sections of the National Defense Authorization Act (“NDAA”) for Fiscal Years 2020 and 2021 relating to the mitigation of…

SEKLE WISSEH, Plaintiff, v. PROGRESSIVE DIRECT INSURANCE COMPANY, Defendant, Slip Copy, 2026 WL 736762. On March 15, 2025, Sekle Wisseh was struck and injured by another car while at a red light in Philadelphia. He sought insurance benefits from his carrier, Progressive Direct Insurance Company. Progressive purportedly delayed and denied payment without a reasonable basis….

Following the 2026 legislative session, Virginia’s employment law landscape is shifting with the enactment of several new employee-friendly measures, and even more on the horizon. Here are the key developments for which employers should be prepared. Non-Compete Agreements Virginia’s non-compete statute was amended to prohibit the enforcement of non-compete agreements unless the employer provides “severance…

The focus in AI regulation has shifted from writing the rules to applying them, and the EU and UK are taking very different approaches. In this episode of “SkadBytes,” Deborah Kirk, Jonathan Stephenson and Alistair Ho discuss where the EU’s Digital Omnibus stands now that trilogue negotiations between the European Parliament, Council of the European…

The Bank of England (BoE) and the UK Prudential Regulation Authority (PRA) have published updated Statements of Policy (SoP) setting out their respective approaches to cost benefit analysis (CBA). The BoE SoP sets out how it conducts CBAs when making rules for financial market infrastructures, in particular central counterparties and central securities depositories. It explains…

The Federal Trade Commission (FTC) recently reported that, in 2025, social media scams were the costliest of all scams against consumers, with a whopping $2.1 billion lost. Thirty percent of those who reported losing funds in 2025 indicated that the scam started over social media. The number of 2025 scams beginning on social media increased…