Law and legal issues

Distressed Harrisburg, Pa., reached an agreement in principle to transfer operations of the water and sewer system to the Harrisburg Authority public works agency.

A federal bankruptcy judge did not rule on American Airlines’ confirmation plan but indicated he was leaning towards such a move despite a federal antitrust lawsuit.

Rising bond interest rates further complicated an intricate Harrisburg, Pa., debt-reduction accord, said Mark Kaufman, receiver William Lynch's lead attorney.

Two Los Angeles-area hospitals are one step closer to becoming one after the State Attorney General gave approval for the transaction.

A federal bankruptcy judge ruled that San Bernardino, Calif., is eligible for Chapter 9 bankruptcy protection, a year after the city declared bankruptcy.

Rhode Island can pursue some but not all of money it says it lost in the 38 Studios bond fiasco, Superior Court Judge Michael Silverstein ruled.

The Harrisburg, Pa., City Council begins poring through receiver William Lynch's far-reaching recovery plan for Pennsylvania's capital.

Judge Steven Rhodes, the federal judge overseeing Detroit’s bankruptcy case, ruled this morning that Detroit can continue to access crucial casino revenues while a dispute over a settlement on the city’s interest rate swaps is settled.

The Virginia Department of Transportation and the Elizabeth River tunnels' private partner are asking the Virginia Supreme Court to reverse a lower court's ruling that planned tolls for the project and provisions of the state's transportation P3 law are unconstitutional.

Receiver William Lynch positioned Harrisburg, Pa. into the home stretch of its financial recovery effort by revealing a plan to rid the city of crippling debt.

Jefferson County, Ala.'s attorney says that rising interest rates make it "almost inevitable" that the plan to refinance defaulted sewer debt must be renegotiated.

Former Harrisburg, Pa., City Council attorney Mark Schwartz asked the IRS to halt the incinerator sale to Lancaster County, calling the deal "anti-competitive."

The Ohio Supreme Court has set Sept. 9 as the date to hear oral arguments in a case related to the constitutionality of JobsOhio, a private entity that leased the state's liquor distribution system last year.

Jefferson County, Ala., finalized an agreement with the IRS to protect the county’s tax-exempt sewer system warrants in return for a $4.5 million payment.

Hoteliers opposing subsidies for a Gaylord hotel and conference center near Denver International Airport saw their petition drive halted by Colorado's attorney general.

The University of Florida's Shands Healthcare has agreed to pay $26.2 million to settle allegations due to overpayments by Medicare and Medicaid.

Louisiana's coastal protection agency is officially opposed to a multi-billion dollar lawsuit brought by a levee district against oil companies.

U.S. Bankruptcy Judge Steven Rhodes Wednesday heard arguments from a bond insurer trying to halt Detroit's only pre-filing settlement, which would terminate interest-rate swaps hedging the city's pension certificates.

Stockton's city council selected a headhunter this week to help find the next city manager to replace Bob Deis when he retires in November.

Detroit Public Schools sold $92 million of one-year notes Tuesday with a 4.37% interest rate, a steep penalty compared to most municipal short-term debt but less than the district paid in recent years.