Bankruptcy

The Supreme Court of California has a case before it with the potential to alter the political and legal conversations about pensions in the Golden State and beyond.

SEC sues, U.S. Attorney indicts former official of New York State Common Retirement Fund and two brokers over pay-to-play scheme.

New criminal charges stemming from the Flint, Michigan water contamination crisis accuse two former state-appointed emergency managers and two other ex-city employees with using false and misleading tactics to participate in the bond-financed Karegnondi Water Authority project.

The Municipal Securities Rulemaking Board’s rule changes to prevent municipal advisors from engaging in pay-to-play practices are constitutional and comply with federal statutes, contrary to the claims of three Republican groups, the MSRB told a federal appeals court on Monday

Philadelphia got the green light to proceed with a new tax on sugary drinks after a judge dismissed efforts by the beverage industry seeking to halt the policy.

Petersburg, Va., was removed from CreditWatch by S&P Global Ratings, which maintained its BB junk ratings and negative outlook despite the cash-strapped city's hiring of a turnaround firm.

The Oklahoma Turnpike Authority plans to price $480 million of toll revenue bonds in January after the state Supreme Court shielded the debt from future litigation.

Martin and Indian River counties have asked a federal judge to examine the new bond financing strategy employed by All Aboard Florida to determine the "full extent" of the proposal and its impact on their federal lawsuits.

Former Miami budget director Michael Boudreaux plans to ask a federal district court by Jan. 3 to vacate a jury’s verdict that he was guilty of securities fraud, according to his lawyer.

Dallas saw its Moody's Investors Service rating fall one notch to A1 as it grapples with a crisis in its public safety pension fund.