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Bondholders, other creditors, and the venue's owner argued the U.S. trustee's move would be detrimental for a plan to sell the facility to maximize recoveries.
July 21
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The puzzling accounting discrepancy, which dates to 2005, threatened to lead to the rescission of $3.5 billion of contract authority for state departments of transportation.
July 21
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New Jersey sued the federal government to block a plan to charge drivers entering midtown Manhattan, claiming federal regulatory approval was ill-considered.
July 21
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The bill will move onto the Senate in hopes of reaching President Biden's desk before the current Federal Aviation Administration authorization expires on Sept. 30.
July 21
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Users can choose attributes, like callability or state of issue, to apply to different portfolios. This helps comply with Reg-BI and create investment strategies, the firm said.
July 21
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After a tax increase, the Metropolitan Transportation Authority projects five straight years of balanced budgets for the first time in more than 20 years.
July 21
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In addition to her professionalism there was a more important aspect that defined Yvette. She was simply a nice person. Always upbeat, helpful and kind.
July 21
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The fiscal 2024 budget features new spending without a fare hike or clear indication of when a dedicated funding stream for the state transit operator will be found.
July 20
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Municipal bond mutual fund saw inflows with Refinitiv Lipper reporting investors added $1.040 billion to funds for the week ending Wednesday following $136.174 million of outflows the previous week.
July 20
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Customers of Investortools can now access the MarketAxess products through the Investortools Dealer Network.
July 20
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Cincinnati-based Fifth Third Securities is the seventh firm charged by the Commission for failing to comply with the appropriate disclosures in connection with the limited offering exemption.
July 20
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Sacramento International Airport wants to use newly created TIFIA authorization to help finance upgrades to its terminals and concourses.
July 20
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The proposed change to a one-minute reporting window will be discussed at the Municipal Securities Rulemaking Board upcoming quarterly meeting.
July 20
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"Yvette was everything a reporter should be — perpetually curious, tenacious, whip smart, and unafraid to ask the tough questions," said Mike Scarchilli, editor in chief of The Bond Buyer.
July 20
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The Investment Company Institute reported investors added $111 million to municipal bond mutual funds in the week ending July 12, after $ 23 million of outflows the previous week.
July 19
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Despite efforts to pinpoint the problems that stand in the way of data standardization, solving those issues is still a long way off, panelists at the Brookings Municipal Finance Conference said.
July 19
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Utilities paid sky-high prices for natural gas and power during Winter Storm Uri, leading to the issuance last year of nearly $2.9 billion of bonds to cover those costs.
July 19
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The decision signals the end of a legal saga that began last year when local residents opposed validation of $15 billion of municipal bonds.
July 19
