The Latest News Right Now by Court Cast

MCDC Secures $235 Million Shariah Loan to Expand Footprint Near Makkah’s Grand Mosque

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Makkah Construction and Development Co. (MCDC), listed on the Saudi Tadawul, has landed 880 million riyals ($235 million) in shariah-compliant financing from Aljazira Bank. The funding will be used to acquire a prime land parcel in Makkah valued at around 980 million riyals, with the developer covering the balance from its own resources. The six-month …

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Silah Gulf IPO Surges Past Expectations, Pulls in $7.64 Million

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Bahrain’s Silah Gulf has captured investor attention with an IPO that flew off the shelves, raising BD 2.88 million ($7.64 million) and oversubscribed four times over. The offering drew robust demand, with more than 64.9 million shares—valued at BD 11.42 million—chased by eager investors. Silah Gulf, which operates contact centers and delivers training, consultancy, and …

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FAB Targets $5 Billion Formosa Debut with Five-Year Dollar Bond

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First Abu Dhabi Bank (FAB), the UAE’s asset heavyweight, is setting sights on the offshore market with a five-year floating-rate Formosa bond denominated in U.S. dollars. Guidance for the offering lands at SOFR +75 basis points. The Regulation S issuance is expected to mirror the bank’s solid credit standing with a Moody’s rating of Aa3. …

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Courts on the Clock as Washington Funding Fight Intensifies

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A budget standoff in Washington is pushing the U.S. federal court system toward a financial squeeze, with paid operations at risk if lawmakers fail to break the deadlock before the end of the week. Senior judicial officials have warned that without fresh funding, the courts could only keep normal, paid work running for a few …

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Judge Clears Vineyard Wind to Power Back Up as Federal Halt Falters

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Construction crews are heading back offshore Massachusetts after a US federal judge lifted a government-ordered pause on the Vineyard Wind project, dealing another blow to Washington’s attempt to freeze new offshore wind developments. The decision, issued in Boston, allows work to resume on the Vineyard Wind site, one of several projects halted late last year …

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Google Agrees to $135 Million Android Data Settlement After Privacy Clash

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Google has agreed to hand over $135 million to resolve a sweeping lawsuit brought by smartphone users who accused the company of quietly siphoning off their cellular data through its Android operating system. The proposed class-action settlement, filed in a federal court in San Jose, California, still awaits judicial approval. It applies to people who …

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FEMA Jobs on the Line as Unions Ask Court to Hit Pause on Sweeping Cuts

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A legal showdown is unfolding over the future of the U.S. disaster-response workforce, with unions stepping in to try to halt what they describe as a quiet but far-reaching downsizing at the Federal Emergency Management Agency. Labor groups representing federal employees have asked a judge to block plans that could eliminate more than 10,000 FEMA …

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Judge Freezes Federal Sweep Targeting Minnesota Refugees

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A federal court has stepped in to halt a Trump administration initiative aimed at thousands of refugees living in Minnesota while they wait for permanent residency. The order, issued in Minneapolis, puts an immediate pause on arrests of lawful refugees who have not been accused of immigration violations. The judge said the enforcement push appeared …

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Virginia Court Puts the Brakes on Democrats’ Redistricting Push

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A Virginia state court has halted an effort by Democratic lawmakers to reshape the state’s congressional map, cutting short a plan that could have tilted several seats in their favor ahead of the next round of federal elections. The decision came from Judge Jack Hurley Jr. of the Tazewell County Circuit Court, who ruled that …

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States Test the Limits of Federal Power as Push Grows to Sue ICE Officers

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A wave of Democratic-led states is moving to redraw the lines of accountability for federal immigration enforcement, advancing proposals that would let people bring civil rights lawsuits against ICE officers in state courts. The momentum has sharpened after deadly encounters and heated protests tied to immigration operations in Minneapolis and other cities. Illinois has already …

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