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Yale Law Journal - The Constitutionality of Civil Forfeiture

Many state and federal statutes provide that when property is used in certain prohibited ways, ownership of the property passes to the government. Often, the statutes allow these forfeitures to be declared in civil proceedings against the property itself, without the normal safeguards of the criminal process. Indeed, if no one claims the property after proper notice, the government’s assertion of ownership can become incontestable without any judicial proceedings at all. Statutes authorizing such civil or administrative forfeiture might seem like egregious violations of both property rights and criminal-procedure rights guaranteed by the federal Constitution. But while forfeiture statutes may be unfair and unwise, this Feature cautions originalists not to assume that they are unconstitutional. The Feature concludes that the original meaning of the Constitution (as liquidated by historical practice) does not foreclose the three key features of forfeiture … ....

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SPNEC starts construction of solar project in Nueva Ecija

Solar Philippines Nueva Ecija Corp. (SPNEC) said it has started building what it envisions to be the largest solar project in Southeast Asia, which will begin to deliver power to the grid by the end of next year. The company said it plans to reach profitability by 2023, the same… ....

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'SPNEC braves headwinds during stock market debut'

'SPNEC braves headwinds during stock market debut'
businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.

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SPNEC marks successful market debut

Solar Philippines Nueva Ecija Corporation (SPNEC), the developer of what is planned to be the largest solar project in Southeast Asia, has successfully made its trading debut on the Main Board of the Philippine Stock Exchange (PSE).
The firm’s shares closed its first trading day at P1.01 per share, ....

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Blow For The PetroSaudi Boys As US Court Issues Warrant For Their Venezuela Money

A key door has now slammed shut on the tenacious legal strategy on the part of PetroSaudi's Tarek Obaid to hang on to hundreds of millions stolen from 1MDB. That legal battle has cost a considerable chunk of the stolen money, however Obaid looks unlikely now to see any of it in his own bank accounts as he faces simultaneous criminal charges over his actions ... ....

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