Law and legal issues

Bondholders agreed to extend the lender longstop date, giving developers more time to test the LAX SkyLink project and avoiding an imminent technical default.

A U.S. Appeals Court for the Tenth Circuit ruling vacated a lower court's permanent injunction against a project to expand the Gross Reservoir.

As parties renewed arguments on the administrative expense claim, some judges probed the nature of the bondholders' contribution to PREPA.

If CMS finalizes the rule, "many freestanding proton centers across 11 states would be in immediate jeopardy of being financially unsustainable," the National Association of Proton Therapy said.

Fernando Osorio Caño was named interim executive director after Mary Carmen Zapata resigned.

The high-yield muni fund's collapse in 2025 showed the dangers of investing in a market where liquidity is famously limited.

California issuers may receive payments from the settlement.

The Trump administration court filing will give PREPA bondholders an incentive to hold out for a better offer, according to one observer.

Rating agencies say they don't expect federal plans for the drought-plagued river to spark near-term credit concerns, but they may develop over the longer term.

Statewide ballot measures, including one before voters in this week's primary, would decrease or even eliminate certain property tax revenue for public schools.

The Oklahoma audit uncovered "complex financial schemes" allegedly by a former Tulsa Public Schools administrator that involved $3.73 million in bond proceeds.

Senior bondholders will take a nearly 70% haircut.

Use of a Missouri economic development tool has raised questions about whether Chapter 100 IRBs are an appropriate financing mechanism for data centers.

In 2015, the SEC brought a complaint against Brogdon, alleging fraudulent conduct.

Activist groups say the approval process for a $5.8 billion lease-back bond for a joint venture steel plant has been too secretive.

 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.