Law and legal issues

The Tulare Local Healthcare District has both general obligation and revenue bonds outstanding.

Robert Lamb of Lamont Financial Services is a veteran of municipal turnaround efforts in Connecticut.

The Department of Energy approved $3.7 billion in loan guarantees for the Plant Vogtle project.

Court mediation offers no solution to Flint indecision on water contract.

The rating agency says Assured Guaranty and Build America Mutual are open to a traditional bond refinancing, not a bond restructuring or a haircut.

Hartford, Conn.’s debt rating was dropped to CC by S&P Global Ratings Tuesday, which called a default, distressed exchange, or redemption a “virtual certainty.”

Assured Guaranty and Build America Mutual presented city and state officials with an alternative to bankruptcy.

The city council continues to delay a vote on where to draw its water from long-term.

A tax policy conflict between Minnesota's Democratic governor and Republican lawmakers remains unresolved.

While Mayor Luke Bronin awaits state aid from a fractious government, a bondholder call looms.

As the capital city's bonds plunged deeper into junk, Connecticut struggled to pass a state budget.

The rating agency cited warnings by Mayor Luke Bronin that Connecticut's capital could go bankrupt in 60 days.

Minnesota's high court ordered the negotiations to resolve a funding dispute that's entangled a small piece of debt.

Minnesota must grant permits before work on the Red River project continues, the ruling says.

The capital city has threatened to file bankruptcy in 60 days if it doesn't get sufficient state help.

Mayor Luke Bronin told Gov. Dannel Malloy and lawmakers that Chapter 9 for Connecticut's capital is inevitable if the state cannot pass a budget.

Fitch Ratings said the increased costs to complete reactors at Plant Vogtle drove the downgrades.

A U.S. district court on Tuesday rejected that bond insurer Ambac Financial was liable for allegedly overly optimistic and misleading statements it had made about its insured Puerto Rico bonds.

He found that the community development districts failed to properly apportion homeowners' special assessments.

The Georgia pubic power agency will use bonds and loans to complete its share of the project.