Bankruptcy

Rhode Island won’t file criminal charges related to 38 Studios, frustrating those who want to know more about the deal behind Curt Schilling’s video-game company.

Atlantic City has tapped financial advisors PFM Group and NW Financial to assist with its recovery plan needed to avoid state intervention.

The small Florida city of Opa-locka is on the verge of bankruptcy, according to the head of a state-appointed oversight board.

Atlantic City is slated to receive a $74 million bridge loan from New Jersey to avoid an August 1 default after the City Council voted to accept the state's repayment terms.

The Securities and Exchange Commission was legally required by fiscal 2016 appropriation act provisions to reject changes to Rule G-37 that extended political contribution restrictions to municipal advisors, three state Republican groups told federal appeals court judges.

The Securities and Exchange Commission is arguing it can't fight a lawsuit challenging a revised rule to curb municipal securities pay-to-play activity because the fiscal 2016 appropriations act prohibits it from spending money on any rules governing political contributions.

Atlantic City will default unless reaches agreement with the New Jersey state government on a bridge loan, according to Moody's Investors Service.

Leon County, Fla., home of the state capital in Tallahassee, will offer a new countywide residential and commercial PACE programs after years of planning and legal setbacks.

A new arena for the National Basketball Association's Golden State Warriors remained on track after a San Francisco Superior Court upheld its environmental review this month, although it faces continued appeals and resistance.

Federal corruption charges against a former state treasurer did not motivate a probe of Pennsylvania's two public pension systems, said state Auditor Eugene DePasquale.