Law and legal issues

A Georgia hospital system's bankruptcy could give bondholders a big haircut.

WILKES-BARRE, Pa. -- City Council is letting Mayor Tony George get his way in dealing with the city's crushing debt.

Connecticut and capital Hartford face serious financial crises.

A federal judge dismissed two lawsuits that attempted to block All Aboard Florida’s use of bonds.

Two local governments in Texas suspended construction contracts after an FBI raid.

Bankruptcy experts and political observers say states would have a hard time getting restructuring power.

David Carrington said his experience with Jefferson County’s bankruptcy prepares him to run for Alabama’s highest office.

Judge Laura Swain of New York was chosen to oversee Puerto Rico's Title III restructuring process.

Puerto Rico's government and oversight board will both have roles, said board member David Skeel.

Fitch Ratings said it has downgraded Puerto Rico Aqueduct and Sewer Authority bonds to C from CC.

The Georgia and South Carolina owners of nuclear units being built by bankrupt Westinghouse diverged on legal approaches.

Some corrections called for by Attorney General Josh Shapiro Thursday in his final report on the Harrisburg debt crisis have a running start in the Pennsylvania General Assembly.

HARRISBURG -- Pennsylvania Attorney General Josh Shapiro on Thursday announced that no new criminal charges would be filed in connection with the questionable financing of the city's former incinerator.

San Diego’s favorable appeals court ruling comes as rising pension costs pressure the city’s budget.

Madison County, Mississippi told appeals court judges Assured Guaranty is wrongly interpreting a debt service contribution agreement.

A judge in San Francisco issued a nationwide injunction against Trump's sanctuary cities order.

The outlook on Georgia's Dalton Utilities was revised to negative by Moody's Investors Service because of Westinghouse’s bankruptcy.

The California Supreme Court was asked to review San Diego's pension reform measure.

Indiana and its private partner on the troubled Interstate 69 road project face new fiscal hurdles.

Puerto Rico debt negotiations may be going nowhere with just six full days left before a court restructuring.