Bankruptcy

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.