Law and legal issues

Moody's says the South Carolina Public Service Authority’s delay on rates is a credit negative.

Attorneys dismiss complaints over valuation of amenities in $102 million bond sale as “sophistry.”

The non-profit issued the debt through a Wisconsin agency, the Public Finance Authority, which specializes in acting as a conduit for risky debt.

A bankrupt Texas issuer hasn't missed a bond payment, in contrast to the default of an issuer that hasn't filed.

The South Carolina agency says the rate increases are unneeded even with $7.7 billion of bonds to support.

The $1.50-per-pack fee was key to balancing the state's budget

About $7.7 billion of debt is at stake as South Carolina's governor talks with investor-owned utilities about selling the public power agency.

The borrowing will pay for settlements with six casino properties.

The Puerto Rico Title III judge signaled she may reject a motion that would open the door to bondholders taking over the Puerto Rico Electric Power Authority.

A Lackawanna County court says a state law that caps tax rates supersedes city home-rule provisions.

Year's end is the new target to launch the first segment of the Brightline train service.

Some provisions in a judge's ruling that the city of El Paso can construct the $180 million multipurpose facility downtown — as long as it does not build it as a sports arena — are ambiguous and problematic, city attorneys said.

With no asset to show for more than $4 billion of debt, Santee Cooper’s bonds were downgraded by S&P.

A federal judge appointed an attorney to facilitate an agreement between Flint and the Michigan Department of Environmental Quality.

After issuing $4.2 billion of bonds to finance two new nuclear reactors, Santee Cooper said the project was no longer affordable.

Halting the work is expected to save customers nearly $7 billion in additional costs, the state-run agency known as Santee Cooper told bondholders.

Less than two years after filing for bankruptcy protection, the private operator of a section of SH 130 toll road near Austin has reorganized with new financing.

South Carolina and Georgia nuclear reactor owners inked deals supporting the projects, though they’re still deciding whether to complete them.

All Aboard Florida foes urged USDOT to use “extreme caution” reviewing a loan for the train project.

Buena Vista was denied access to state borrowing programs because the city failed to pay its golf course debt.