Bankruptcy

Even though it is quite convenient to view events in Puerto Rico through the prism of a one-off, it is true that the Commonwealth and its agencies, authorities, and localities have been and continue to be part of this municipal market that we work in and invest in every day.

The bonds of 16 Arizona issuers are on Fitch Ratings positive watch due to a statutory lien law.

Assured Guaranty, National Public Finance Guarantee, and Financial Guaranty Insurance Co. challenged diversion of special revenue bond collateral that secures $4.1 billion of Puerto Rico Highways and Transportation Authority bonds.

A tax lawsuit against Scranton could have ramifications throughout Pennsylvania.

Once-bankrupt Detroit ended fiscal 2016 with a $63 million surplus.

Bankruptcy is no cure for junk-rated Chicago Schools’ fiscal ills, says schools chief Forrest Claypool.

Bondholders will provide a loan to bankrupt Oconee Regional Medical Center even as they stand to lose on their bond investments.

The first hearing of the Puerto Rico Title III case on Wednesday reinforced that the battle between general obligation and Puerto Rico Sales Tax Financing Corp. (COFINA) bondholders will be a central issue as the biggest municipal restructuring gets underway.

Public power agencies in Georgia and South Carolina face headwinds from the Westinghouse bankruptcy.

Hartford, Conn. received another downgrade as S&P Global Ratings lowered the city to BBB-minus.

A Georgia hospital system's bankruptcy could give bondholders a big haircut.

WILKES-BARRE, Pa. -- City Council is letting Mayor Tony George get his way in dealing with the city's crushing debt.

Connecticut and capital Hartford face serious financial crises.

Bankruptcy experts and political observers say states would have a hard time getting restructuring power.

David Carrington said his experience with Jefferson County’s bankruptcy prepares him to run for Alabama’s highest office.

Judge Laura Swain of New York was chosen to oversee Puerto Rico's Title III restructuring process.

Puerto Rico's government and oversight board will both have roles, said board member David Skeel.

Fitch Ratings said it has downgraded Puerto Rico Aqueduct and Sewer Authority bonds to C from CC.

The Georgia and South Carolina owners of nuclear units being built by bankrupt Westinghouse diverged on legal approaches.

Some corrections called for by Attorney General Josh Shapiro Thursday in his final report on the Harrisburg debt crisis have a running start in the Pennsylvania General Assembly.