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Caitlin Devitt

Recent Stories From this Author

Syncora Loses Detroit Casino Revenue Appeal
July 11, 2014 Syncora lost a key appeal in the Detroit bankruptcy case, giving the city continued access to crucial casino revenues.

Detroit LTGO Deal: 34 Cents on Dollar
July 10, 2014 Detroit's settlement with its limited-tax general obligation bondholders would repay them 34 cents on the dollar, the lowest...

Detroit Art Worth Up to $4.6B, New Report Says
July 9, 2014 A new assessment of Detroit's art collection puts its price tag at up to $4.6 billion, significantly higher than the city's...

White House Economists: Rejecting Medicaid Hurts States' Economies
July 8, 2014 States that have opted not to expand Medicaid under the new federal health care law could lose out on $66 billion in economic...

Key Vote This Week in Detroit Bankruptcy
July 7, 2014 All creditors in the Detroit bankruptcy case must vote on the city's debt adjustment plan by Friday, a key vote that will set...

Syncora Wins Speedy Hearing of Appeal in Detroit
July 3, 2014 A federal appeals court judge advanced bond insurer Syncora Guarantee Inc.'s appeal of a key decision about casino tax revenue...

Another Detroit Suburb Placed Under State Control
July 3, 2014 Michigan Gov. Rick Snyder July 3 appointed a turnaround consultant to take control of a distressed Detroit suburb after city...

Detroit Subpoenas Siebert, Attorneys on 2005 COPs Deal
July 3, 2014 Continuing its quest for documents tied to the sale of $1.4 billion of certificates of participation, Detroit Friday said it...

Detroit Subpoenas Bond Buyer About COPs Award
July 2, 2014 Detroit alerted the federal bankruptcy court Wednesday of plans to issue a subpoena to the Bond Buyer for information about...

Detroit Judge Gives Bond Insurers Sole Voting Power
July 2, 2014 At least two bond insurers in the Detroit bankruptcy case will now enjoy the exclusive right to vote on the city's bankruptcy...


As many state and local governments across the country begin their July 1 fiscal year, a new federal law going into effect is of particular interest to municipal governments that issue bonds.

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