Law and legal issues

Flint will receive state pension funding help but plans to press for more pension and local government revenue aid to preserve its struggling tax base as it recovers from the 2014 water contamination crisis.

The ruling may open the way for approval of a payout to bondholders as small as 0.21%.

"The derailment has caused substantial damage to the regional economy of the state of Ohio, its citizens, and its businesses," the lawsuit filed by Ohio Attorney General Dave Yost charges.

Nossaman renames its pension practice to reflect a broader service offering as Michelle McCarthy comes on board.

East Rutherford is suing the project's developer, saying it has missed millions of scheduled payments in lieu of taxes. American Dream's owners disagree.

Revenue bonds sold in 2018 for the project would be paid over seven years at lower rates under the Chapter 11 exit plan for the Bridgemoor at Plano debt.

Turmoil at the community college has placed its accreditation in jeopardy and resulted in a rating downgrade.

A refinancing plan for the defaulted Legacy Cares bonds aimed to raise money to settle claims from contractors and others.

A controversial $5 billion bond-financed extension project spurred several bills that would alter the Oklahoma Turnpike Authority's debt and other practices.

Plaintiffs who challenged the legislation plan to ask the Illinois Supreme Court to hear the case. Meanwhile, the consolidation process has moved forward and the majority of funds have transferred their assets.

The award to the South Terminal's private operator comes as Austin plans to demolish the facility as part of an expansion project to accommodate increased airport traffic.

Complaints include assertions the plan is unconfirmable and that it fails to offer necessary information.

"This settlement offer allows you to settle for payment in the form of new bonds of approximately half your claims," the Puerto Rico Oversight Board said.

Christian Care Centers' bankruptcy liquidation plan leaves bondholders impaired after an asset sale raised only $44.25 million.

The lawsuit comes as higher education energy concessions have become one of the most active spaces in the P3 market.

A group of top local government associations have formed a new legal coalition aimed at Supreme Court cases that carry municipal implications.

Missouri's challenge to the law that prohibits pandemic aid funding being used for tax cuts won't get a hearing.

While the turnpike authority is mulling an appeal of an Open Meeting Act violation judgment, lawyers for property owners are preparing to sue over money paid to contractors.

The Securities and Exchange Commission's Public Finance Abuse Division began looking in new directions, charging five different firms with violating 15c2-12 limited offering exemptions in addition to going after issuer officials.

Georgia authorities and local residents opposed to construction of the new EV production facility are now arguing their case in Georgia's Court of Appeals.