Bankruptcy

Missouri Attorney General Chris Koster and local prosecutors announced the filing of criminal charges that includes securities fraud Tuesday against the former chief executive officer of Mamtek US., the company that abandoned a half-built bond-financed plant in Moberly.

The University of Colorado Hospital Authority will issue $290 million of bonds this week to add Memorial Health System of Colorado Springs to its new statewide network in a deal nearly sidelined by a lawsuit over pension programs.

New York's Metropolitan Transportation Authority will hold a $1 billion refunding bond sale as budget uncertainty, a court appeal and fare increases hover.

Port St. Lucie, Fla. is telling bondholders that the bankruptcy of Digital Domain will not impede debt-service payments on bonds issued for the firm's abandoned campus there.

After an overhaul of its parking authority, the Scranton, Pa., City Council voted unanimously to cover an authority bond payment due Saturday.

The Santa Rosa Bay Bridge Authority, which built a north Florida toll bridge with bonds that are now in default, will ask the trustee to fund its first audit in 12 years.

MBIA Inc. is fielding a new law suit and Assured Guaranty is seeking an additional credit rating.

The Atlanta City Council last week agreed to pay a $136,000 settlement to the city's former chief financial officer, Joya De Foor.

To no one's surprise, Harrisburg, Pa., will miss its GO bond payment for the second time this year. Observers say the move won't ripple the bond markets.

In a move that came as no surprise, receiver William Lynch said Harrisburg, Pa., will skip its $3.4 million general obligation bond payment due this week.

The Troy Downtown Development Authority says it will default on nearly $17 million of TIF bonds by November 2013. The bond insurer has threatened to sue or request state intervention if it is forced to cover the obligation and the city doesn't pledge to repay.

Whether Central Falls, R.I.'s bankruptcy reorganization could serve as a national model, as its presiding judge suggested, remains an open question.

The Arizona Supreme Court upheld an appeals court ruling that allows voters in Glendale the opportunity to repeal the city's recent sales tax increase.

Three groups have filed complaints stating that federal approval for the $2.6 billion Ohio River Bridges Project should be thrown out because laws were violated.

Michigan Gov. Rick Snyder Friday declared the Detroit suburb of Allen Park to be in a state of fiscal emergency, due in part to the city's struggle to pay $31 million of general obligation bonds issued for a now-failed film studio project.

A federal court on Thursday afternoon approved the reorganization plan and subsequent bankruptcy exit for Central Falls, R.I., only 13 months after it filed.

Activists filed a lawsuit challenging the environmental impact report produced by the developer of the $1.5 billion National Football League stadium planned for downtown Los Angeles.

A week after hearing oral arguments, the state Supreme Court Wednesday afternoon ruled that three of four high-profile referendums should appear on the November ballot. All three could have long-lasting impact on the state's future if approved.

After guilty verdicts against three former UBS AG professionals in a bid-rigging case, the prosecution and a municipal market observer saluted the decision, while defense attorneys vowed to appeal.

An Oklahoma lawmaker asked the state attorney general to determine if Tulsa County's $750 million Vision2 proposal violates the state constitution.