Bankruptcy

Amie Riggle Berlin, the SEC’s lawyer who handled its case against Miami and Michael Boudreaux, explained the important aspects of a reliance on professionals defense and the need for issuers to stay truthful in their offering documents during a conference panel.

With its aid levels at stake, Detroit Public Schools Community District is planning a preemptive strike against state plans to shutter schools.

The U.S. Supreme Court will consider a special master’s recommendation, largely favoring Georgia and water agencies there, in the lawsuit Florida filed against Georgia over the apportionment of water from the Apalachicola-Chattahoochee-Flint River Basin.

The SEC wants a Puerto Rico federal court to agree that Jose Ramirez, a former UBS Puerto Rico employee, engaged in a scheme to defraud investors in closed-end funds with large investments in Puerto Rico bonds.

All Aboard Florida said it anticipates launching its Brightline-branded private passenger train service between Miami and West Palm Beach in September, following an introductory roll-out phase.

Central Falls, R.I., nearly five years after filing for Chapter 9 bankruptcy, has an investment-grade bond rating again.

Sports industry consultant Dave Howard will lead Florida’s privately owned passenger train project as Fortress Investment Group explores expanding All Aboard Florida’s Brightline-branded service to other states.

Two Illinois-based not-for-profit healthcare systems dropped their merger plans Tuesday following a court ruling that favored the Federal Trade Commission in its efforts to block the union.

A guilty plea from Aaron Troodler, the former executive director of the Ramapo Local Development Corp., for criminal securities fraud means he could face a maximum of 25 years in prison.

The Glades Correctional Development Corp. in south-central Florida shorted its March 1 debt-service payment, the trustee said in a notice, as the date for a taxable bond exchange approaches due to an IRS ruling.