Far West

Piper Jaffray & Co., Foster Pepper PLLC and K&L Gates LLP may reduce fees to settle over legal claims tied to Wenatchee $42 million note default.

Stockton, Calif.'s bond insurers are contesting the city's bankruptcy filing, saying it is unfairly targeting bondholders while asking nothing from its largest unsecured creditor, the California Public Employees' Retirement System.

The Internal Revenue Service is auditing $162.53 million of general fee revenue bonds issued by Auburn University in 2007.

California's Ran sale will be almost twice as large as its 2011 note sale, as the state's normally uneven cash-flow schedule has an additional layer of uncertainty because of a November tax ballot measure.

Seattle-area voters appeared to have approved two property tax measures to help improve facilities and operations amid tight budgets.

Washington saved $74 million this week by refunding more than $700 million of general obligation bonds in two competitive sales, officials said.

Standard & Poor's said Wednesday it has downgraded San Bernardino Joint Powers Financing Authority housing tax allocation bonds to BBB from A-minus due to the city declaring bankruptcy.

A bill that would change California's municipal bankruptcy law again appears to have stalled without support from the Democratic majority leadership in the state Senate.

Bond insurer National Public Finance Guarantee Corp. has challenged Stockton, Calif.'s petition for a bankruptcy.