Bankruptcy

The Campaign Legal Center is trying to convince a federal court overseeing a challenge brought by Republican groups that the Municipal Securities Rulemaking Board’s rule changes to prevent municipal advisors from engaging in pay-to-play practices are legal and needed to address the potential for corruption in the municipal market.

Afflicted with a pension crisis that has lowered credit ratings, the Dallas City Council informally agreed to postpone an $800 million bond election that had been expected in May.

Two bond insurance subsidiaries of Assured Guaranty Ltd. have made interest payments to holders of insured general obligation and other bonds after Puerto Rico and certain of its instrumentalities failed to pay on Jan. 3, 2017.

A Texas court will determine if a proposed high-speed rail line can use eminent domain to survey and acquire land.

Former Miami budget director Michael Boudreaux is asking a federal judge for a new trial over Securities and Exchange Commission charges that he committed securities fraud because he believes the previous trial was unfairly prejudiced against him.

The U.S. Department of Transportation told a Florida congressman who made inquiries about All Aboard Florida’s financing that it “does not evaluate ridership, revenue, or creditworthiness” for private activity bond allocations.

Oyster Bay Town Supervisor John Venditto is resigning his post at the close of business Wednesday two and a half months after the leader of New York State’s fourth largest township was indicted on federal corruption charges.

The Rhode Island Commerce Corp. and Securities and Exchange Commission are close to reaching a final settlement over fraud charges the SEC brought in connection with a private placement involving the video game company 38 Studios.

San Bernardino, Calif. City Manager Mark Scott believes the city’s Chapter 9 bankruptcy workout, combined with voter approval of a new city charter, poises the city for a comeback.

Genesee County, Mich., officials say they don't expect criminal charges against former Flint leaders stemming from the city's participation in the Karegnondi Water Authority pipeline to impact the project or its bonds.