Bankruptcy

The Chapter 11 filing creates uncertainty for the state and localities where the utility operates.

Ratepayers on the Jefferson County, Alabama, sewer system said the high court should decide if their appeal can proceed.

About $920 million of the investor owned utility's debt is in the form of municipal bonds.

KPC Group has agreed to be a stalking horse bidder for Verity Health System's remaining four hospitals.

California’s largest utility owner faces $30 billion in potential wildfire liabilities, and its bankruptcy plan has reverberated across the power industry.

Rating agencies don't expect major impacts to state and local governments from the troubled California utility's pending bankruptcy.

Two recent cases saw bondholders take a hit because their liens were not considered to be perfected.

A bankruptcy judge still has to review the sales agreement between Verity Health System and Santa Clara County.

The county, through a conduit issuer, will price $198.2 million in lease revenue bonds for its new civic center.

Puerto Rico credit unions say that the disclosure fails to provide concrete numbers on how bonds will be restructured.

Those involved with financing such entities need to go beyond labels, and fully understand the facts that impact eligibility.

An appellate court denied a request to reconsider an August ruling that effectively ended a long-running appeal of the county's Chapter 9 case.

The pace of recovery varies widely, and many local government budgets are in worse shape than before the 2008 financial crisis.

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.