Attorneys

The lawsuits argue that the owner of American Dream and East Rutherford, New Jersey, which sets tax assessments for the mall, colluded to depress its valuation.

Kutak Rock warns tax attorneys about the Internal Revenue Service doing compliance checks as opposed to formal audits on certain multifamily bond issues as tax season is expected to add more stress to an understaffed agency.

The era of "announcement" is over; the era of "execution" is here.

The MSRB published the request for comment Nov. 3 to seek input on draft amendments to Rule D-15, which defines the term sophisticated municipal market professional.

Potential buyers besides Emory University include Georgia-based health systems, other proton therapy operators and private equity firms.

Terance Walsh, a 2025 Bond Buyer rising star, was named a partner by Nixon Peabody. 

"This would be an unnecessary change that would be difficult to administer and comply with and which would severely limit municipal entity choice," the Bond Dealers of America said in a comment letter.

Native American Tribes are working from a disadvantage in bond sales due to Securities and Exchange Commission regulations that force them to register public market issuances, which raises costs.

"MSRB is committed to ensuring our regulatory framework keeps pace with an evolving market," MSRB Board Chair Natasha Holiday said.

Mayors across the country are taking closer looks at data center deals as a way to pay for the infrastructure they require.

"These municipal bond schemes improperly divert new issue bonds to bad actors at the expense of bona fide retail investors," FINRA's Meghan Ferguson said.

Public finance advocates are trying to interpret mixed signals about plans to pass a major reconciliation bill that could put the threat to the tax-exempt status of munis back on the table.

MSRB CEO Mark Kim described GFOA's letter suggesting changes the MSRB could make as "very constructive, very valuable."

Bond advocates are watching the appropriations process while the possibilities of a Farm Bill and surface transportation reauthorization may offer openings for restoring advance refunding and raising the BQ cap.

After Ken Paxton's opinion said giving preferences based on sex or race is unconstitutional, his office set a new certification requirement for bond issuers.

"We are on the cusp of major changes in how the municipal securities market operates," Dave Sanchez, director of the Securities and Exchange Commission's Office of Municipal Securities, said last week.

Subordinate bondholders will likely be wiped out.

The cash-strapped city of Chester had been hoping the water authority sale would be its route out of bankruptcy.

Orrick promoted three California finance attorneys to partner as part of its 2026 class.

Former WMATA CFO Yetunde Olumide has joined the MSRB as its chief financial officer.