Law and legal issues

Litigation filed by environmental groups aims to reverse actions taken by the agency's board since it was restructured by the state legislature in 2022.

Nuveen LLC reached an agreement to sell its 11% equity stake in Vistra Vision to Vistra Corp., that started as municipal bonds ensnared in a bankruptcy.

The University of the Arts, a private college in Philadelphia that abruptly closed its doors in June, filed for Chapter 7 bankruptcy.

The Payson Town Council's passage last month of a bond resolution using an emergency clause violated the Arizona Constitution, according to a lawsuit.

PREPA and its creditors have 30 more days to negotiate a possible debt-cutting deal.

The state agreed to pay $350,000 to settle a sexual harassment suit against Treasurer Fiona Ma.

The lawsuit contends a state law that punishes banks and others for "boycotting" the fossil fuel industry violates free speech provisions in the U.S. Constitution.

Property taxpayers want a state court to order the city to reduce its 2024 tax levy by $187 million earmarked for a now-downsized mass transit plan.

Missouri Secretary of State John Ashcroft's office said the ruling was "not just legally deficient but also morally wrong."

The state's year-old rules ban broker-dealers and investment advisors from using non-financial criteria in investment strategies.

The utility had $542 million of outstanding tax-exempt special purpose revenue bonds issued through the Hawaii Department of Budget of Finance at year-end 2023.

The bankruptcy saga of Mercy Hospital continues, with trustee Computershare Trust filing a notice about the distribution of cash to bondholders.

The bond parties and the Oversight Board are now arguing over the meaning of the word "account."

Litigants in a case challenging San Jose's validation of proposed pension bonds will have to wait another month to hear if the high court will review an appeals court ruling.

Lawsuits targeting validation lawsuits for pension obligation bonds in California generally stop issuers from considering issuance, but two cities have fought and, so far, won.

Oconee County using bond proceeds for a sewer that will benefit only some residents may violate the state constitution.

New York lawmakers are helping a coalition of legal experts, transit riders, and environmental and disability advocates sue the governor for stopping congestion pricing.

The St. Louis-based senior-living facilities operator has almost $80 million in bonds outstanding.

The state attorney general's office said it will appeal the ruling prohibiting enforcement of 2022's Energy Discrimination Elimination Act.

The city had set an Aug. 27 election on a proposition to create tax increment financing districts to help finance an arena project.