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Will The Infrastructure Investment And Jobs Act Accelerate Transmission Development?

On November 15, 2021, President Biden signed into law the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA).1 Among the changes and funding set out in the IIJA, a provision granted FERC authority to supersede state siting decisions for electric transmission projects. The Energy Policy Act of 2005 (EPAct of 2005) first authorized the Federal Energy Regulatory
United States West Virginia National Environmental Policy Act Department Of Energy Energy Regulatory Commission Backstop Authority

Once Resolution Plan Is Approved, No Creditor Can Recover Unsatisfied Claims : SC Upholds 'Clean Slate Theory'

Share This - x Insolvency & Bankruptcy Code, 2016 ("IBC") is a legislation aimed at timely resolution of an entity ("corporate debtor") which has defaulted in payment to its creditors (including the statutory authorities). The corporate debtor has to undergo baptism by fire in the form of a Corporate Insolvency Resolution Process ("CIRP"). Once the corporate debtor is admitted into CIRP, it is the duty of the resolution professional to collate all the outstanding claims from all classes ...
United States Rajya Sabha Ghanshyam Mishra V Satish Gupta Supreme Court Honble Supreme Court
Source: livelaw.in

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Supreme Court Monthly Digest: March 2021 [74 SC Judgments] [Citation LL 2021 SC 118 To LL 2021 SC 192]

A Bench comprising of Navin Sinha and KM Joseph observed that an application under Section 34 of the Arbitration and Conciliation Act to set aside an award is covered by moratorium under Section 14 of the Insolvency and Bankruptcy Code. Section 34 proceeding is a proceeding against the corporate debtor in a court of law pertaining to a challenge to an arbitral award and would be covered just as an appellate proceeding in a decree from a suit would be covered, the bench headed by Justice...
New Delhi Jammu And Kashmir Uttar Pradesh State Of West Bengal West Bengal Andhra Pradesh
Source: livelaw.in

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