Bankruptcy

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.

The co-owners of the Plant Vogtle project face higher-than-expected costs to complete the reactors, prompting them to vote on whether to continue.

The U.S. Territorial Relief Act of 2018 would give territories the option to terminate their debt obligations while authorizing $7.5 billion in federal funds to compensate mainland creditors who are individual investors, trade unions, pension plans, and open-end mutual funds.

State-owned Santee Cooper is battling cross claims by electric cooperatives that buy power from the agency in a suit over its shelved twin reactor project.

Trustee UMB bank claimed the bond counsel's negligence prevented bondholders from achieving adequate recovery in bankruptcy.

The Nacogdoches County Hospital District took a nine-notch downgrade as it prepares to file for bankruptcy.

States and localities can’t continue to postpone resolving their pension problems or they will crowd out essential services and infrastructure and lose population, Chapman Strategic Advisors managing director James Spiotto says in a paper to be delivered in Washington on Tuesday.

State-owned Santee Cooper wants the high court to affirm its authority to set rates and pay off bonds that financed its scrubbed nuclear reactor project.

State-owned utility Santee Cooper received two subpoenas that appear to focus on a secret assessment report about the foundering project.

The $139 million refunding saved Alabama’s most populous county $12.35 million in debt-service costs.

Material improvements in spending flexibility led Fitch to give Alabama’s most populous county a two-notch upgrade.

The National Federation of Municipal Analysts is concerned that a district court ruling on Puerto Rico highway bonds could be a landmark change for the worse when it comes to how investors view revenue bonds.

The California city's supporters portray a lasting turnaround, but growing pension liabilities could bring trouble.

Evans was so broke after years of fiscal mismanagement it couldn't get a loan because its credit rating had been withdrawn.

The South Carolina-owned agency’s A1 bond rating could be lowered due to threats from pending legislation and litigation, Moody’s said.

FirstEnergy Corp. has reached a settlement with bond holders of pollution control notes issued by its bankrupt subsidiary FirstEnergy Solutions.

The bankruptcy process could take 18 to 36 months to sort out, one municipal analyst said.

Some of the legal precedents potentially being set in Puerto Rico erode the expectations and good order of the municipal bond marketplace that finances the activities of states and municipal instrumentalities nationwide.