Special Program Root Tag

Bondholders are pitted against each other in the case, where it looks like the majority holders may become owners of the distressed companies.

The SEC-approved amendments will become effective in two stages, the MSRB said.

Unless the state government makes changes to revenue or expenditures Florida faces a combined deficit of $8.1 billion in fiscal years 2027-28 and 2028-29.

Ohio politicians are racing to deliver relief as a citizens group gathers signatures for a November 2026 ballot initiative to end property taxes in the state.

A group of bondholders are floating fresh financing to a bankrupt metals recycler that elevates their bonds above other holders.

Andrew Nakahata will replace Scott Wu as executive director and CEO less than a year after joining the organization.