Bankruptcy

The Chicago suburb will sell $3.9 million of GOs in its first bond market appearance after allowing hotel project bonds to default.

S&P Global Raings dropped Verity Health System to CC.

Ten years ago, the financial avalanche that altered the municipal bond market gathered speed with the bankruptcy of Lehman Brothers.

Coalinga Regional Medical Center was felled by challenges common to many rural hospitals.

A group of ratepayers on Jefferson County, Alabama’s sewer system has asked judges to reconsider dismissal of their appeal.

Verity Health System reported about $459 million of long-term bond debt and $254 million in pension obligations on its most recent CAFR.

S&P Global Ratings raised Stockton Public Finance Authority lease-revenue bonds to BB from B-minus.

Jacksonville-based JEA wants the Municipal Electric Authority of Georgia to vote against continuing the project.

The appellate court's order favoring the county comes almost five years after its exit from Chapter 9.

The comprehensive new law modernizes bond statutes on the books since the 1980s.