Law and legal issues

The state’s high-speed rail program still faces a long journey to completion beset by lawsuits and political opponents.

S&P raised the city's rating on notch to CCC-plus and assigns a stable outlook.

The $2 billion public-private partnership was put on hold after a federal judge issued an injunction.

The Connecticut Education Association seeks an injunction, calling the governor's executive-order cuts illegal.

The job cuts are permitted under the state’s Municipal Stabilization and Recovery Act, the judge ruled.

It is unclear whether bond investors will be included as creditors in the California hospital district's bankruptcy.

A lower court rejected many residents' arguments, including one about how bond proceeds will be used to buy amenities from the developer.

The high court case could have undermined the sales tax refunding warrants that priced in July.

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.