Law and legal issues

The judge overseeing Puerto Rico’s Title III bankruptcy process named five judges to help mediate disputes over island government and sales tax bonds in the biggest municipal restructuring in U.S. history.

Owners of under-construction nuclear reactors in Georgia reached a settlement with Toshiba and bankrupt Westinghouse.

Florida retiree Martin Kessler, 93, opposes the Poinciana Community Development District’s bond issue.

Issuing $2.1 million in municipal bonds was essential to helping the city of South Tucson, Ariz., emerge from bankruptcy in 1984.

Chicago’s chief financial officer says bankruptcy isn’t on the table for Chicago Public Schools.

Even though it is quite convenient to view events in Puerto Rico through the prism of a one-off, it is true that the Commonwealth and its agencies, authorities, and localities have been and continue to be part of this municipal market that we work in and invest in every day.

A judge's ruling put more pressure on Illinois by supporting Medicaid providers.

Residents of a Florida retirement community challenged its plans to issue tax-exempt bonds.

The bonds of 16 Arizona issuers are on Fitch Ratings positive watch due to a statutory lien law.

Illinois asked a judge to put off the effective date of a possible court order elevating Medicaid over other payment obligations.

Dallas and Houston still face challenges to turn around their troubled pension plans.

Assured Guaranty, National Public Finance Guarantee, and Financial Guaranty Insurance Co. challenged diversion of special revenue bond collateral that secures $4.1 billion of Puerto Rico Highways and Transportation Authority bonds.

A tax lawsuit against Scranton could have ramifications throughout Pennsylvania.

Once-bankrupt Detroit ended fiscal 2016 with a $63 million surplus.

Bankruptcy is no cure for junk-rated Chicago Schools’ fiscal ills, says schools chief Forrest Claypool.

An attorney representing a group of Moses Lake residents who are challenging the outcome of last February's $135 million school construction bond election has filed an appeal with a court in Spokane this week.

A court heard Scranton's arguments against a lawsuit challenging an increase to the local services tax.

Bondholders will provide a loan to bankrupt Oconee Regional Medical Center even as they stand to lose on their bond investments.

The San Diego County Water Authority announced rate hikes amid a dispute with its wholesale supplier.

The first hearing of the Puerto Rico Title III case on Wednesday reinforced that the battle between general obligation and Puerto Rico Sales Tax Financing Corp. (COFINA) bondholders will be a central issue as the biggest municipal restructuring gets underway.