Law and legal issues

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.