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Market Intelligence:
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Legal
Research
Market Data

Keeley Webster

Senior reporter
Connect with Keeley
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  • California State Treasurer John Chiang
    State tax revenues
    Scope of legal marijuana market propels California efforts to bank the cannabis business

    The governor, treasurer, attorney general and legislature are all working to facilitate banking services to the market.

    By Keeley Webster
    January 30
  • Robert Feyer of Orrick, Herrington & Sutcliffe was lead bond and disclosure counsel for the state of California for more than 30 years.
    Career moves
    Sea change as Orrick's Feyer retires after 30 years as California's lead bond counsel

    Robert Feyer passed the baton to Bryan Victor as lead bond counsel for the largest municipal bond issuer.

    By Keeley Webster
    January 30
  • Brown, Jerry Brown, governor of California
    Infrastructure
    California's Brown lays down markers for his final year as governor

    In his final State of the State speech, Jerry Brown reiterated support for water transfer tunnels, high speed rail, and the projects funded by a new gas tax.

    By Keeley Webster
    January 25
  • Hanak-Ellen-PPIC Water Policy Director
    Infrastructure
    Tough bar to clear for California water bond applicants

    The California Water Commission sent all 11 applicants for water storage bond money back to the drawing board.

    By Keeley Webster
    January 25
  • A Southwest Airlines Boeing 737 MAX 8, in August 2017
    Airport revenue bonds
    Passenger growth seen as justifying battle for local control of Ontario, Calif., airport

    In its first year of local control, Ontario International Airport saw passenger traffic climb 7% over the prior year.

    By Keeley Webster
    January 24
  • Montana State University rendering
    Higher education bonds
    Record student numbers drive Montana State University into the bond market

    The university expects healthy reception for its higher education bonds in a supply-constrained market.

    By Keeley Webster
    January 22
  • Trish Eichar
    Career moves
    Orrick's weight in public finance underscored by partner promotions

    The law firm has promoted seven public finance lawyers to partner over the past five years.

    By Keeley Webster
    January 22
  • Voting in San Francisco
    Bond elections
    Can a bond measure get lead paint sellers off the legal hook?

    The proposed bond measure would get taxpayers to pay for lead paint abatement in California houses.

    By Keeley Webster
    January 19
  • Gabriel Petek-S&P Global Ratings
    Ratings
    A note of caution amid S&P plaudits for California’s budget reserves

    Gov. Jerry Brown’s budget proposal is favorable from a credit perspective, S&P Global Ratings said.

    By Keeley Webster
    January 17
  • Brian Kelly will become the California High-Speed Rail Authority's chief executive on Feb. 1, 2018.
    Transportation industry
    California bullet train agency, reporting cost overruns, names new director

    California's transportation secretary, Brian Kelly, will assume the helm at California High-Speed Rail Authority.

    By Keeley Webster
    January 17
  • moodys-sign-bl-022112
    Pension reform
    Why Moody's sees latest California pension ruling as credit negative

    The ruling increases the body of law supporting strict legal protections for public pension benefits, the rating agency said.

    By Keeley Webster
    January 16
  • San Diego Mayor Kevin Faulconer
    Budgets
    Bonds one factor in San Diego mayor's proposals on homelessness

    Mayor Kevin Faulconer gave his State of the City speech.

    By Keeley Webster
    January 12
  • Calif. Gov. Jerry Brown
    Budgets
    A big California surplus is poised to become a budget battleground

    Gov. Jerry Brown's $190.1 billion spending plan emphasizes stockpiling reserves, but fellow Democrats in the legislature want more spending.

    By Keeley Webster
    January 11
  • Exxon Mobil Corp. signage on the floor of the New York Stock Exchange in New York on Jan. 23, 2017.
    Lawsuits
    How an oil company would turn bond offering documents against California governments

    ExxonMobil is citing California local governments' bond documents as it tries to turn the table on suits the communities filed against the energy giant.

    By Keeley Webster
    January 9
  • Circular windows cover the exterior of the Ramon C. Cortines School of Visual and Performing Arts in Los Angeles on Nov. 12, 2008.
    School bonds
    Cancer diagnosis forces course change for Los Angeles school district

    Michelle King will step down as Los Angeles schools superintendent to battle cancer.

    By Keeley Webster
    January 8
  • California state Sen. Kevin de Leon speaks during the Intersolar North America Conference in San Francisco, California, U.S., on Monday, July 10, 2017.
    Trump tax plan
    California lawmakers see a loophole in tax bill's state deduction cap

    They introduced a bill to allow taxpayers to donate to the state to avoid the federal deduction cap.

    By Keeley Webster
    January 5
  • Las Vegas Monorail
    Bankruptcy
    How Las Vegas Monorail hopes to regain market access after bankruptcy

    The nonprofit rail company responsible for one of the largest defaults may sell bonds for an extension.

    By Keeley Webster
    January 4
  • ige-david-governor-hawaii
    Infrastructure
    Hawaii legislature will contemplate increased bond spending

    State lawmakers reconvene on Jan. 17.

    By Keeley Webster
    January 3
  • Brian Sandoval, governor of Nevada, attends a news conference at the Nevada State Capitol building in Carson City, Nevada, U.S., on Thursday, Sept. 4, 2014.
    Ratings
    Revenue imbalance drives downgrade for huge Nevada school district

    The use of reserves was cited in the downgrade of Las Vegas' Clark County School District.

    By Keeley Webster
    January 2
  • Pedestrians walk past the California State Capitol building in Sacramento, California, U.S.
    State tax revenues
    California marks tenth year with population growth under 1%

    California's population is nearly 40 million, according to the state's Department of Finance.

    By Keeley Webster
    December 29
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