Clarity

Legal Advocates Demand Clarity on Litigation Funding Practices Amid Rising Concerns

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Washington, D.C. — A prominent insurance industry group has joined defense attorneys in advocating for increased transparency regarding litigation funding in the United States. The American Property Casualty Insurance Association (APCIA) expressed its support for calls aimed at shedding light on the financial arrangements that influence numerous legal proceedings across the country. The push for transparency stems from growing concerns that undisclosed financial backing could significantly affect legal outcomes. Litigation funding, where third-party investors provide financing to plaintiffs in exchange for a share of any financial recovery, has surged in popularity over the past decade. … Read more

Revamped Arkansas Construction Laws Boost Clarity and Confidence for Developers and Lenders

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LITTLE ROCK, Ark. — The 95th General Assembly of the Arkansas State Legislature wrapped up its session in May, resulting in the passage of 1,026 new laws. This legislative session proved to be busier than the previous one, presenting a substantial amount of new regulations and changes for various sectors, especially real estate development and construction. In particular, Act 479, which took effect on August 5, introduces significant modifications to the process of establishing priority for mechanic and materialman liens, referred to as construction liens. This amendment is especially pertinent for stakeholders within the construction … Read more

Kendall County Judge Seeks Clarity on "Constitution City" Incorporation Amid Inhabitant Dispute

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Kendall County, Texas—A proposal to create “Constitution City” will not appear on the ballot for the upcoming November election, as legal uncertainties have delayed its progress. Kendall County Judge Shane Stolarczyk is seeking clarification from the Texas Attorney General regarding the legitimacy of the petition that aims to incorporate 177.6 acres in the far northwestern part of the county. Stolarczyk’s request follows his decision not to sign an order initially approved by the Commissioners Court on August 12. The judge expressed concerns over whether the proposed area meets the necessary population requirement, which includes a … Read more

Ripple Gains Ground: SEC Waiver Paves the Way for New Capital Opportunities and Legal Clarity

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San Francisco, California—Ripple has recently gained a significant advantage after the U.S. Securities and Exchange Commission (SEC) granted a waiver that lifts key restrictions placed on the company. This regulatory shift enables Ripple to access private capital, allowing it to raise funds under Regulation D exemptions. The decision marks a pivotal moment for the fintech firm, which aims to expand its operations amid a challenging legal landscape. The SEC’s waiver removes a crucial disqualification that previously hindered Ripple from leveraging private investment opportunities. Under Regulation D, companies can solicit capital from accredited investors without facing … Read more