Behind the scenes of what could become one of the most dramatic public market debuts in history, Elon Musk’s space powerhouse is quietly assembling its legal command team. SpaceX has turned to Gibson Dunn to guide the company through the legal maze of a potential initial public offering, according to people familiar with the discussions. …
A fresh clash has emerged between the executive branch and the federal court system, this time over who should control the nation’s courthouses. The administration of Donald Trump is resisting an effort by the judiciary to take over management of its own buildings, arguing that the court system lacks the expertise required to oversee a …
White House Pushback: Administration Says Courts Not Ready to Run Their Own Buildings Read More »
A federal court has directed the Trump administration to continue financing the Consumer Financial Protection Bureau, rejecting the government’s attempt to halt funding for the agency that oversees financial practices affecting millions of Americans. In a sharply worded ruling, U.S. District Judge Edward Davila in California said senior officials had leaned on flawed legal reasoning …
Court Orders White House to Keep Consumer Watchdog’s Lights On Read More »
A federal judge in Boston has stepped in to halt a Trump administration effort that would have forced universities across the United States to quickly gather and submit detailed data about the race and sex of students applying to and enrolling in their institutions. The order, issued by U.S. District Judge F. Dennis Saylor IV, …
A federal judge has stepped in to temporarily block the administration of Donald Trump from ending a humanitarian immigration protection that allows more than 1,000 Somali nationals to live and work in the United States. The order, issued by U.S. District Judge Allison Burroughs in Boston, pauses a decision by the United States Department of …
Court Halts Plan to Strip Legal Shield From Somali Migrants in the United States Read More »
A storm of criticism erupted inside the United States Court of Appeals for the Ninth Circuit after nearly thirty judges publicly condemned a colleague’s sharply worded dissent in a case tied to transgender access at a women-only spa. The controversy centers on Lawrence VanDyke, a circuit judge appointed during the presidency of Donald Trump. His …
A federal judge in the United States has halted subpoenas issued in a criminal investigation involving Federal Reserve Chair Jerome Powell, ruling that prosecutors failed to present any evidence suggesting wrongdoing. The order blocks attempts by investigators to obtain documents and testimony linked to renovation costs at the Federal Reserve’s headquarters in Washington. Prosecutors had …
US Court Halts Probe Targeting Fed Chief Jerome Powell, Calls Case Baseless Read More »
Equity markets in the United Arab Emirates opened Friday on a cautious note, retreating as investors grappled with the prospect of a drawn-out confrontation across the Middle East. The unease, fuelled by ongoing missile and drone exchanges in the region, has begun to seep into financial markets, prompting traders to dial back risk. Dubai’s benchmark …
Gulf Market Jitters: UAE Stocks Slide as Regional Tensions Deepen Read More »
The investment arm of the Abu Dhabi Investment Authority has taken another step deeper into the private credit market, backing Hong Kong-based investment manager Dignari Capital Partners as part of its expanding global strategy. A subsidiary of the Abu Dhabi sovereign wealth fund has committed capital to Dignari’s Asia Pacific Developed Markets Private Credit Strategy, …
ADIA Deepens Private Credit Push with Strategic Bet on Hong Kong’s Dignari Read More »
Debt issuance across the Gulf’s capital markets has lost momentum as escalating tensions linked to the Iran conflict inject fresh uncertainty into the financial landscape. According to Fitch Ratings, the region’s once-active pipeline of bond and sukuk deals has slowed markedly, with several planned offerings now paused as investors and issuers weigh the risks of …
Gulf Borrowing Slows as Rising Regional Tensions Chill Debt Markets Read More »
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