Law and legal issues

Plans to sell a bankrupt municipal bond-financed care facility to a private equity firm threaten to upend care for its frail senior residents.

The high court agreed to review a June Oklahoma Supreme Court ruling that found state funding for a Catholic virtual charter school violates the constitution.

The county would hold a special election for a sales tax to provide more funds to build and operate a bond-financed jail project that faces rising costs.

The Goldwater Institute took aim at another Arizona municipality, filing a lawsuit against tax rate hikes approved by the Gilbert Town Council in October.

Lawsuits surrounding everything from unethical sponsorships to the sale of refunding bonds swept across markets last year, creating a municipal battleground.

California and federal officials  reached a $10 million settlement with the owners of a chain of non-profit health clinics and a laboratory in a case involving Medi-Cal and Medicare fraud.

It's the latest mark of distress for proton treatment centers financed with speculative-grade municipal bonds.

Six Texas cities sued the state comptroller over a rule that altered where sales taxes would be collected on certain online purchases.

Howard Jarvis Taxpayer Association has until the end of January to file briefs in its case challenging San Jose's pension obligation bond validation.

The challenge to the 2022 approval of bonds for a PACE program could "catastrophically undermine" the finality of all Florida bond validations, the agency said.

Justices appeared open to narrowing the scope of federal environmental impact reviews during oral arguments on a bond-financed Utah railway to move crude oil.

The county commission, which sued Oklahoma City in June over its denial of permit for the jail site, is pursuing a possible settlement.

The continued delay in resolving the case raises constitutional concerns, a bondholder attorney said.

Pressing issues include market reactions to a second Trump administration, increased oversight from the Securities and Exchange Commission and more.

Wednesday marks the 10-year anniversary of Detroit's exit from bankruptcy. Its Chapter 9 declaration in 2013 was the largest municipal bankruptcy in the U.S.

Calling it a "tragedy" for residents, without a negotiated setllement resolution could be years away, mediators said.

A circuit court judge earlier this year struck down the law prohibiting state and local government contracts with firms "boycotting" the fossil fuel industry.

Principal Street Partners will acquire the bankrupt firm that specialized in high-yield bonds issued for senior living facilities and charter schools.

A dispute over open meetings laws has stalled progress on UI's plans to purchase online University of Phoenix.

PREPA says it is short on money and Genera's parent company has said it may go out of business.