CHICAGO — The St. Paul Port Authority and lawyers for a group of 876 Fund bondholders will appear at a court hearing Monday on their dispute over the fate of $51 million of outstanding bonds backed by the struggling economic development fund.

The group of objecting bondholders filed a complaint in June asking the court to appoint a receiver, order a full accounting of the authority’s use of revenue generated by 876 bond fund assets, and issue a restraining order against use of any 876 revenues.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.