Bankruptcy

The five year municipal default rate since 2007 is twice the average since 1970, though it's still a fraction of the default rate on corporate bonds.

Orange County is out of the woods, but other California governments face challenges.

Puerto Rico's oversight board's decision against the power authority's restructuring support agreement moves $9 billion of debt closer to bankruptcy.

A deal to restructure $9 billion of Puerto Rico electric debt fell apart as a federal control board rejected the accord Tuesday, pushing the island’s main power utility closer to a potential bankruptcy.

South Carolina reactor owners continue to review their options after Westinghouse’s bankruptcy.

San Bernardino is working to put bankruptcy in the rear-view mirror as it executes the plan of adjustment.

Even with a new legal challenge pending, Jefferson County plans to price refunding warrants in July.

WILKES-BARRE, Pa. -- As bad as the city's finances are, every little bit helps. And a little bit of help is coming in the form of a $50,000 franchise fee to install cellular antennas on light poles.

A Northern California charter school operator with four schools wants to move into Chapter 7.

The judge overseeing Puerto Rico’s Title III bankruptcy process named five judges to help mediate disputes over island government and sales tax bonds in the biggest municipal restructuring in U.S. history.