Law and legal issues

Bills on Gov. Nathan Deal's desk would allow creation of a new city of Eagle's Landing at the expense of the existing city of Stockbridge.

Lawyers for the city of Harvey will argue for release of state funds.

An opinion from the Legislature's attorneys has called into question the constitutionality of Gov. Bill Walker's plan to pay off the state's outstanding oil and gas tax credit obligation that is currently in excess of $800 million.

S&P Global Ratings lifted Moberly, Missouri, out of speculative grade with a four-notch upgrade.

The proposed city of Eagles Landing would take the heart out of the city of Stockbridge, Georgia, with no apparent accommodation for its outstanding debt.

FirstEnergy Corp. has reached a settlement with bond holders of pollution control notes issued by its bankrupt subsidiary FirstEnergy Solutions.

Wilson County Schools will receive nearly $19,000 in additional bond forfeiture money after the N.C. Court of Appeals overturned a district court judge's decision to reduce forfeiture amounts in three cases.

Halifax Health cannot use bonds to finance the construction of its 95-bed hospital in Deltona, a Volusia County judge ruled this week, dealing a setback to the public health system's strategy to pay for the $105 million project.

Big Apple pension funds plan to divest from fossil fuel investments within five years.

The Seneca Nation of Indians demand a cut of toll revenue for a nearly three-mile stretch of road built on tribal land 60 years ago.

Cities deny NAM charge that they committed securities fraud by failing to adequately address climate risk in their muni bond official statements.

New Jersey Senate Republican Leader Tom Kean, R- Westfield, has opted to not stand in the way of the state’s $3.2 billion tobacco refunding bond deal two days after calling for the large transaction to be canceled.

The Georgia Legislature’s plan to cut the city of Stockbridge in half, without its consent, brought warnings of litigation from bondholders and potential damage to the state's triple-A rating.

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.

San Diego's regional transportation agency agreed to pay legal fees ending a long-running legal battle with environmental groups.

The bankruptcy process could take 18 to 36 months to sort out, one municipal analyst said.

California's attorney general says the hospital chain used anti-competitive practices to drive up prices in Northern California.

The project is designed to protect Fargo, North Dakota and Moorhead, Minnesota from high waters.

Michigan State University is seeing the first credit fallout from the sexual abuse scandal involving former university and Olympic gymnastics doctor Larry Nassar.

Without giving a reason, the Florida Supreme Court dismissed two appeals of the Poinciana Community Development District’s bond validation case.