Court cases

An unsealed whistleblower lawsuit accuses eight Wall Street and regional banks and broker-dealers that served as remarketing agents of fraud and collusion in resetting rates for variable rate demand obligations issued by state and local issuers in Illinois.

Moody's labeled the Illinois high court's refusal to hear an appeal on step raises a "credit negative" for the state.

The Trump administration and a bipartisan group of four senators weigh in on the states' ability to collect online sales taxes in friend-of-the-court briefs filed with the Supreme Court.

The SEC told a federal court that it will not pursue a judgment against the muni advisor firm or its principal unless it appears that the settlement process has stalled.

Justice Elena Kagan said a ruling in favor of Janus would overturn laws in 23 states, the District of Columbia and Puerto Rico and invalidate thousands of municipal contracts covering millions of public employees invalid.

The power of public employee unions to influence elections and their wage and benefit arrangements could be at stake.

A pending challenge to union fees could have a ripple effect on states and municipalities with strong union powers.

Houston alerted investors to a last-minute lawsuit questioning the legality of the election process as the city priced $1 billion of voter-approved bonds.

A bankruptcy court judge is weighing whether the municipal government-sponsored project qualifies for Chapter 11.

New Jersey’s plan to slash Atlantic City’s fire department by 50 members was blocked by a superior court judge.

Opponents of the publicly funded $64 million renovation to Scottrade Center filed suit Friday to stop the project, alleging the plan is unconstitutional in Missouri.

Some provisions in a judge's ruling that the city of El Paso can construct the $180 million multipurpose facility downtown — as long as it does not build it as a sports arena — are ambiguous and problematic, city attorneys said.

The U.S. Conference of Mayors has denounced the Cornyn bill.

Cook County can begin collecting a beverage tax that is expected to generate $200 million annually.

Illinois made $740 million in Medicaid-related payments this week.

Detroit approved $34.5 million in borrowing to finance the Detroit Pistons' move back to the city.

Federal prosecutors have asked Miami-Dade County to provide records of all affordable housing projects funded through a $137 million bond program that helps finance rental apartments for low-income people, according to a wide-ranging subpoena obtained Friday by the Miami Herald.

WATSONVILLE, Calif. -- The Santa Cruz County Civil Grand Jury released a highly critical report Tuesday deriding the Pajaro Valley Unified School District's use of Measure L funds and describing the Citizens' Oversight Committee as "mostly ineffective."

A judge's ruling put more pressure on Illinois by supporting Medicaid providers.