Law and legal issues

22 municipalities are suing the state over vehicle-license fees they say California has failed to pay them.

Fiddlers Canyon's complaint should be dismissed for several reasons, UMB said. 

The deal offers a better recovery than earlier deals but no principal payment for 12 years.

"Despite the plethora of red flags, UMB wired the requisitioned amount based on the fraudulent wire instructions," the plaintiff said in its complaint.

Keohane was described by colleagues as a deep thinker with an encyclopedic knowledge of New York public finance law and a great sense of humor.

The California Debt and Investment Advisory Commission explored public finance solutions to child sexual abuse claims this week at an event in San Diego.

The ruling comes as the municipal bond market closely watches the administration's effort to control federal infrastructure spending.

Attorneys for the Archdiocese said it is "inevitable" bondholders will be hit with a cramdown.

City Manager Oliver Chi unveiled a plan to invest $60 million to change the city's current trajectory.

The bankruptcy judge suggested Jackson Hospital and Clinic may be closed if it doesn't propose a plan of adjustment before the end of the calendar year.

Approval by Doña Ana County of $165 billion of industrial revenue bonds for a massive data center project is being challenged in state court.

The city comptroller says Buffalo's finances are in dire shape, and is fighting in court not to issue debt authorized by the mayor and city council.

The utility responded that it is not eligible to declare bankruptcy.

The Cleveland City Council will decide whether to approve a deal struck by Mayor Justin Bibb with Haslam Sports Group, owners of the NFL's Cleveland Browns.

The city council of Harvey voted to declare the city financially distressed in a bid for state oversight, as the mayor warned of a city government shutdown.

The case challenges Oklahoma's authority to collect income taxes from Native Americans who live and work on tribal reservations.

The county agreed to pay an additional $828 million to victims of childhood sexual abuse who sued under a 2019 state law that raised the statute of limitations for such cases.

Investors sued after the fund's sudden June selloff.

The Howard Jarvis Taxpayers Association appealed to California's high court in a case challenging San Jose's plans to issue pension obligation bonds.

Bondholders say the insurers reneged on the bond insurance terms, which both firms deny in filings for the case, filed six years after the COFINA restucturing.