Far West

Elaine Greenberg, former chief of the Securities and Exchange Commission's municipal securities and public pensions enforcement unit, has joined the Orrick, Herrington & Sutcliffe LLP's office here, the firm announced Monday.

The Nebraska Public Power District has agreed to pay $350,000 to the Internal Revenue Service to settle a tax law dispute regarding $50.36 million of Build America Bonds it issued in 2009.

Bel Air Investment Advisors, LLC has hired two municipal finance veterans to join its fixed income team in Los Angeles.

In a report, Fitch Ratings said California's school districts are still financially vulnerable, despite some recent improvements in state funding.

The Southern California Logistics Airport Authority in Victorville notified bondholders that it defaulted on its bonds on June 4, 2013 by missing a $1.2 million payment.

A plan to use eminent domain to help homeowners with underwater mortgages is a credit negative for Richmond, Calif., according to Moody's Investors Service.

Fitch Ratings Agency placed the Foothill/Eastern Transportation Corridor Agency on Rating Watch Negative, affecting $2.3 billion in debt.

Work resumed on Honolulu’s $5.3 billion elevated rail project Monday after the City Council grated the transit authroity two permits required to resume rail construction.

A bond restructuring by Southern California Public Power Authority on roughly $320 million in natural gas prepay debt resulted in two ratings upgrades.

Supporters of a San Diego Convention Center expansion reaffirmed their support for the plan in an attempt to counteract an alternative plan proposed by the NFL San Diego Chargers.