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The Puerto Rico Oversight Board had asked for the postponement, citing the impact of COVID-19 and its possible financial impact on PREPA.April 2
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Smith, who headed the restructuring practice at Chicago-based McDermott Will & Emery, worked on nearly every major muni bankruptcy of the past 20 years.March 26
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Judges said the district court judge was reasonable in her treatment of the case differently from that of a corporate bankruptcy.March 20
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Puerto Rico Gov. Wanda Vázquez Garced issued an order for all residents except a few classes of essential employees to remain at home.March 18
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Vallejo, California, benefited from last week's record-low municipal market rates when it finally sold its water revenue bond refunding.March 4
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The National Museum of American Jewish History in Philadelphia filed for Chapter 11 this week, burdened by debt sold to construct its building.March 3
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Spiotto, considered the "dean of municipal restructuring," died suddenly on Thursday.February 28
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The Illinois attorney general's office is also believed to be looking into the foundation, which issued $170 million of tax-exempt bonds that have defaulted.February 26
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Bankruptcy hearings are underway for Lindan Properties, one of five troubled bond-financed Better Housing Foundation affordable housing portfolios in the area.February 24
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The state conduit that issued $170 million of defaulted Better Housing Foundation bonds is weighing in as S&P prepares housing bond criteria changes.February 10
