Court cases

President Biden had pledged to end the law that excludes residents of Puerto Rico from the federal supplemental security income program.

The case may turn on whether the SEC’s temporary order is capable of repetition and evading review.

If residents become eligible for the government money, it would increase income and spending, providing a lift to the commonwealth's economy.

In his lawsuit in state Supreme Court, the New York city comptroller seeks a return of oversight to his office,

The costs of legal settlements in California police misconduct cases would be posted on city and county websites if the bill passes.

Biden called on Congress to amend the Social Security Act to include Puerto Rican residents for benefits. The Oversight Board has said the benefits would lead to $1 billion more per year to island residents.

The mammoth California hospital chain reached a preliminary $575 million settlement agreement in March in an antitrust lawsuit.

Hilltop Securities Inc., the third-biggest adviser on bonds issued by U.S. states and local governments, sued a former employee for allegedly stealing confidential files before leaving for competitor RBC Capital Markets.

Moody's says that the pension system will likely run out of money in fiscal year 2024.

Credit Suisse Group AG agreed to pay $600 million to settle a lawsuit over mortgage securities that collapsed in the 2008 financial crisis, an accord that locks in an expected hit to its profit.

San Francisco Mayor London Breed supported the lawsuit against San Francisco Unified School District saying students are falling behind while schools remain closed to in-person learning.

The state is attempting to abolish the Miami-Dade County Expressway Authority.

The Department of Justice filed a federal complaint alleging conditions at Alabama prisons violate the constitution, as the state continues to negotiate public-private partnerships to build three lockups.

Fitch says the bond-financed settlement provides certainty and leaves the state's reserves intact, which puts the state on sound footing to manage the uncertainties with the coronavirus.

The Michigan Strategic Fund would issue bonds to fund a loan that would go to cover claims stemming from contamination of the city's water system.

A U.S. Supreme Court ruling that affirmed the existence of Indian reservations across the eastern half of the state will mean lost tax revenue, officials said.

Republican opponents of New Jersey Gov. Phil Murphy’s proposal to borrow up to $9.9 billion for offsetting COVID-19-related revenue losses argued before the state’s highest court Wednesday the state’s constitution and past legal precedent should prevent the plan from proceeding.

A 16-year-old bond case reemerged to play a central role in Republican efforts to halt Gov. Phil Murphy’s $9.9 billion borrowing plan.

The court filings could directly impact about $6 billion of bonds and $15 billion more indirectly.

Two courts have interpreted a legal question key to the VRDO lawsuits very differently.