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8/23/2016
Texas: Failed Toll Road Divvies Up OwnershipInstead of reverting to the public, bankrupt Texas toll road retains management under new ownership.
The State Highway 130 toll road project, the first of its kind in the Texas, was a failure. The foreign company that owned and operated the route filed for Chapter 11 in March. Now a federal bankruptcy judge will decide who gets to own this infrastructure asset that Cintra, a Spanish company, built almost entirely with borrowed funds. A hearing on the proposed settlement is scheduled for September 21 in the federal bankruptcy court in Austin.
SH130 had little c ...
8/22/2016
France, Luxembourg, Sweden: Speed Cameras AttackedSpraypaint, tar and fireworks put several European speed cameras out of commission last week.
8/19/2016
Federal Judge Refuses To Dismiss Redflex Bribe CaseUS district judge denies motion to set aside jury verdict in Redflex corruption trial.
8/18/2016
Texas: Camera Company Lawyer Embraces Ballot Referendum ReformRed light camera company lawyer calls for reform of the ballot initiative process in Texas.
8/17/2016
Study: Road Debris Responsible For 500 DeathsAAA study finds 500 motorists died over four years in accidents caused by debris falling in the road.
