Bankruptcy

Managing Director, Miller Buckfire & Co.

The Clearwater Cay Community Development District’s bondholders and trustee say the required approval from the governor wasn’t obtained.

Some of the solutions contemplated to bring the investor-owned utility out of bankruptcy involve tapping the municipal bond market.

The county’s proposed general fund budget appears to display an unconscionable lack of fiscal discipline.

Opponents of the $700 million adopted budget say $2.5 million of spending choices may begin a slide back to Chapter 9.

China's recently announced suspension of U.S. agricultural imports escalated trade-related risks to U.S. agriculture, said Fitch Ratings.

The Ohio law replaces a ratepayer surcharge for renewable power with one that subsidizes two of the firm's nuclear generation facilities.

Moody’s Investors Service downgraded $492 million of bonds because of its revised criteria on special revenue debt.

Ricardo Rossello resigned after two weeks of furious protests, throwing the leadership of the U.S. commonwealth into uncertainty.

The goal of the 2018 Chapter 11 restructuring was to establish a capital structure supported by project revenues.

A bailout of FirstEnergy Solutions Ohio nuclear plans would enhance what can be paid to bondholders under the company's Chapter 11 reorganization.

Without a successful appeal, Employees Retirement System bondholders won't get their bond payments during the bankruptcy.

The restructuring is expected to save PREPA and Puerto Rico residents about $3 billion in debt service payments over the next 10 years.

As the company moves to exit Chapter 11, it wants Ohio and Pennsylvania to force ratepayers to subsidize its unprofitable nuclear power plants.

Four California and Chicago school districts are among issuers to earn negative outlooks in Fitch revisions after a ruling in Puerto Rico's bankruptcy.

If the ruling holds, analysts said special revenue bonds may have to be re-evaluated based on the general credit of the issuer.

The Trump administration will finalize $3.7 billion in loan guarantees to Southern Co. and its partners who are building a troubled nuclear reactor project in Georgia.

A Chicago-area ice rink facility built with $20 million of bonds is being sold for $10 million.

The ruling ends the ratepayers’ appeal, although they intend to pursue adversary cases filed in the original Chapter 9 case, attorney Calvin Grigsby said.

Laura Taylor Swain indicated she liked the procedures proposed by the Oversight Board and Unsecured Creditors Committee.