Bankruptcy

It's the latest mark of distress for proton treatment centers financed with speculative-grade municipal bonds.

The continued delay in resolving the case raises constitutional concerns, a bondholder attorney said.

Wednesday marks the 10-year anniversary of Detroit's exit from bankruptcy. Its Chapter 9 declaration in 2013 was the largest municipal bankruptcy in the U.S.

Calling it a "tragedy" for residents, without a negotiated setllement resolution could be years away, mediators said.

Principal Street Partners will acquire the bankrupt firm that specialized in high-yield bonds issued for senior living facilities and charter schools.

PREPA says it is short on money and Genera's parent company has said it may go out of business.

After losing its first appeal, the Puerto Rico Oversight Board initiated a second appeal with the First Circuit Court of Appeals.

A bankrupt city's only asset is mired in its history of corruption and a statewide fight over utilities privatization.

The county achieved its many goals through long-running discipline, planning, and intelligent risk taking.

The Fitch Ratings commentary considered ratings of airports in Florida, Nevada and South Carolina, which are most dependent on the airline for passenger traffic.

The court affirmed its earlier decision, which means bondholders have a claim on the full $8.5 billion due.

Legal arguments in progress as the troubled city southwest of Philadelphia nears year three of bankruptcy could have wide-ranging precedents.

Oversight Board says the non-consenting bondholders ideas are "not a proposal."

Litigation in Arizona, Oklahoma, Texas, and Utah could determine bond issuance, culpability for defaults, or the constitutionality of underwriter bans.

Nuveen LLC reached an agreement to sell its 11% equity stake in Vistra Vision to Vistra Corp., that started as municipal bonds ensnared in a bankruptcy.

The University of the Arts, a private college in Philadelphia that abruptly closed its doors in June, filed for Chapter 7 bankruptcy.

PREPA and its creditors have 30 more days to negotiate a possible debt-cutting deal.

The bankruptcy saga of Mercy Hospital continues, with trustee Computershare Trust filing a notice about the distribution of cash to bondholders.

The bond parties and the Oversight Board are now arguing over the meaning of the word "account."

The St. Louis-based senior-living facilities operator has almost $80 million in bonds outstanding.