Law and legal issues

The decision is expected to be appealed to the Georgia Supreme Court and the ruling could have implications for the muni bond industry.

The low-rated, Phoenix-based university turned to a public debt sale after refinancing maturing outstanding bonds with bridge loans.

The group of five banks deny long-standing charges from a Minnesota-based whistleblower that they conspired to artificially inflate the rates on variable-rate demand bonds.

The court affirmed its earlier decision, which means bondholders have a claim on the full $8.5 billion due.

The county is reviewing responses to a request for proposals to help fund construction of a replacement jail through a bond-financed lease-purchase arrangement.

The turnpike plans to sell $1 billion of revenue bonds in 2025's first quarter to continue funding for an expansion project now estimated to cost $8.2 billion.

The Payson Town Council rescinded its approval for $70 million of bonds targeted by a lawsuit filed in September.

The lawsuit targets emails with the message "from our friends in DC" that relate to the treasurer's list of firms restricted from state business.

Legal arguments in progress as the troubled city southwest of Philadelphia nears year three of bankruptcy could have wide-ranging precedents.

Votes on Amendment A, which would have allowed excess income tax revenue earmarked for public education to flow into the state budget, will not be counted.

Oversight Board says the non-consenting bondholders ideas are "not a proposal."

The district plans to price about $100 million of bonds Thursday, the first since Gov. Ron DeSantis took over control of it by appointing its board of supervisors.

A lawsuit filed by a business group in federal court in August claims a 2021 Texas law violates free speech protections.

September's bond market news: The Securities and Exchange Commission fines advisors $1.3 million, Trump promotes a U.S. sovereign wealth fund, and more key developments.

Litigation in Arizona, Oklahoma, Texas, and Utah could determine bond issuance, culpability for defaults, or the constitutionality of underwriter bans.

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.