Orrick, Herrington & Sutcliffe take the top spot with a 10.29% market share.
Source: LSEG
Munis were steady Monday following the large cuts the asset class saw last week, specifically on Tuesday, Jan. 20.
"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 board wants the court to reject a wide range of bondholder discovery requests related to their administrative expense claim.
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.
