Law and legal issues

 A default under the concession agreement could result in termination of the project, according to an analyst.

If the referendum passes, it is expected to have major impacts on the finances of local governments in Florida.

The Texas city will offer $540.55 million of senior lien and $122.45 million of junior lien special tax revenue bonds to investors this week.

The Oklahoma Council of Bond Oversight approved up to $2.9 billion of bonds to continue financing of a turnpike expansion program and to refund outstanding debt.

The value of the Florida cancer treatment center and the mortgaged property is unlikely to cover the bond debt, the trustee said.

Jefferson County School District R-1's lawsuit comes after the U.S. Department of Education threatened to withhold federal funding over transgender policies.

Bondholder liens did not arise "solely by force of a statute," but depended on contract agreements and trust indentures and therefore don't survive bankruptcy, the court said.

Florida counties are facing off against a PACE bond-issuing agency over whether they must collect taxes that would back up to $5 billion in approved bonds.

The long-running financial problems of the Donald W. Wyatt Correctional Facility in Central Falls, Rhode Island, resulted in a Chapter 11 filing this month.

Meanwhile, settlements in New York and California cases may be near.

The Puerto Rico Oversight Board want the U.S. Appeals Court for the First Circuit to uphold a lower court's rejection of the bondholders greater than $3.7 billion claim.

A hearing on the borrower's motion to dismiss is set for July 15.

The appointment of Don Huffines, a former state senator who won the March 3 Republican primary election for comptroller, takes effect Aug. 1.

Puerto Rico's debt and budget situations have improved but its political culture and economic trajectory haven't, many observers say.

The Trump administration's attempt to strip funds for the Gateway Hudson River rail tunnel project "fragrantly" violated federal law, according to a judge.

A lawsuit filed in federal court comes as the turnpike was seeking approval from a state oversight council for $1.5 billion of revenue bonds.

The bankruptcy case of a small Washington state city can move forward, a U.S bankruptcy court judge ruled, rejecting a legal challenge by a developer.

Conners & Co. consented to FINRA's findings without admitting or denying them.

The groups are taking additional steps to try to stop or pause development of a major industrial park between New Orleans and Baton Rouge.

A state court validated up to $1.35 billion of Series 2026 special tax revenue bonds for a project to replace the city's convention center.