Attorneys

A federal judge ruled Cook County, Illinois, is liable for contitutional violations of homeowners' rights by stripping them of equity in delinquent tax sales.

Clark Stockton Lord has joined Greenberg Traurig's public finance and infrastructure practice as a shareholder in its Houston office.

"If successful in its motion, the trustee will harm not only patients, but also likely completely devalue all the bondholders' investments," Crossroads Health Management LLC said in a court filing.

The Bond Buyer will honor a fifth class of inductees into its Hall of Fame of municipal finance, alongside its 11th annual class of Rising Stars, at the close of its Infrastructure event in Chicago on September 15.

"I think any effort to make reporting less frequent is a step backwards in transparency," NFMA's Mary Francoeur said.

New findings from The Bond Buyer show that outside of advisors and broker-dealers, appetites for risk decreased to a greater degree than they increased.

The Supreme Court decision that changes the provisions in the Voting Rights Act adds legal risk for state and local governments.

Market Intelligence analyst Jeff Lipton distinguishes impairment from default in unenhanced conduit multifamily credits and explains how occupancy declines, covenant breaches and reserve draws can trigger severe price discovery long before a payment miss occurs.

Public finance professionals need to contemplate uncertainty as they work with municipal issuers to help them plan and meet their needs.

New research from The Bond Buyer finds the federal policy environment once again threatens the tax-exempt status for municipal bonds.

"MSRB's strategic plan was shaped by the many conversations we've had with stakeholders from across the municipal securities market," MSRB CEO Mark Kim said.

Senior bonds most recently traded for 30 cents on the dollar.

"Regulatory change in this area is needed without further delay," SIFMA said in a letter.

Months after the state cracked down on cities' tardy annual financial audits, adherence to a statutory filing deadline is improving with fiscal 2025 reports.

By harmonizing its gift rule with FINRA's amended gift rule, the MSRB "aims for consistency in the application of MSRB and FINRA rules among dealers that are FINRA members," the MSRB's Ernesto Lanza said. 

The board also approved issuing a request for comment relating to disclosure documents for 529 plans and other municipal fund securities.

"Clearly, issuers still need access to this very important financing tool," said State of Michigan Treasurer Rachael Eubanks, who also serves as this year's president of the National Association of State Treasurers.

Fitch, Moody's, and S&P were sent a letter from 23 GOP state attorneys general over the use of ESG factors related to fossil fuel in negative rating actions.

Market Intelligence analyst Jeff Lipton argues MRBs can add value to conservative muni sleeves, but warns that extraordinary redemption features, prepayment behavior, loan origination performance and liquidity constraints can make redemption analysis just as important as credit analysis.

The administration's effort to revitalize the maritime industry includes opportunities for public-private partnerships.