Northeast

Uncertainty related to Detroit's bankruptcy filing resonates among P3 players, according to Allen & Overy's Kent Rowey, who advises on many such deals.

The Internal Revenue Service thinks that interest on $720 million of bonds issued by the New Hampshire Health and Education Facilities Authority from 1998 to 2011 should not be tax-exempt.

New York City upsized its general obligation bond sale by $100 million to $800 million, with a spokesman for city Comptroller John Liu citing investor demand.

Pennsylvania's transportation bill is positive for the state and the Turnpike Commission, and could trigger a similar move to tackle pension liability, said Fitch.

New York City Comptroller John Liu, citing an audit that revealed unreported revenues, said Verizon has agreed to pay an extra $1.4 million in cable franchise fees.

Massachusetts Treasurer Steven Grossman announced a $265 million settlement related to a class action against the former Massey Energy, which now does business as Alpha Appalachia Holdings.

John L. "Jack" Kraft, bond counsel attorney for more than 45 years, has played a key role in establishing the bond counsel business in New Jersey, handled some of the state's most significant bond deals, and been at the forefront of defending the tax-exemption for municipal bonds.

The Rockland County Legislature voted 11-6 to adopt a budget with a more than 10% operating deficit on Thursday night.

Law firm Greenberg Traurig LLP added Jamey Tesler as of counsel to its government law and policy practice group.

New York City comptroller-elect Scott Stringer will explore expanded in-house asset management of five public-employee pension funds as a means of curbing investment fees.