Law and legal issues

With nearly $4.5 billion of tax-exempt bonds, a restructuring or bankruptcy would be among the muni market's largest to date.

A convention center, a wastewater treatment plant expansion, and a light rail system are among projects in the city that include bond financing.

Affirmation of Otero County's ratings comes as a state law threatens bonds it sold for a detention facility used by federal immigration enforcement.

Clayton Holland, a seasoned Texas bond attorney, is Orrick's newest partner.

Bond parties said U.S. District Court Judge Laura Taylor Swain's arguments against a claim were wrong on several bases.

A federal judge ruled Cook County, Illinois, is liable for contitutional violations of homeowners' rights by stripping them of equity in delinquent tax sales.

"If successful in its motion, the trustee will harm not only patients, but also likely completely devalue all the bondholders' investments," Crossroads Health Management LLC said in a court filing.

The constitutionality of a state law that threatens outstanding bonds issued for a detention facility is being challenged by the U.S. Department of Justice.

The local government is seeking to replace LUMA Energy as the island's transmission and distribution company.

The defendants include many of the largest municipal bond underwriters.

Senior bonds most recently traded for 30 cents on the dollar.

McKinney, Texas, is fighting a challenge to a refunding of sales tax-backed bonds sold for a commercial airline service project at its general aviation airport.

The state supreme court is hearing the case that affects $5 billion in authorized bonds, $150 million that have been issued.

The Wall Street banks targeted in the rate-rigging lawsuit wanted the top court to overturn class certification.

The state Supreme Court's ruling comes in a case that targeted the 2022 issuance of nearly $687 million of ratepayer-backed bonds for a utility company.

MBIA says it isn't responsible for what its subsidiaries did.

Florida PACE Funding Agency says it will have to default on its bonds unless the Florida Supreme Court takes quick action.

Otero County said the state Supreme Court's decision protects bonds that are paid off with revenue generated under an agreement with the federal agency.

Austin and Dallas joined Houston in being warned that millions of dollars in state grants are at risk over federal immigration enforcement interaction policies.

U.S. District Judge Laura Taylor Swain ordered the parties in the PREPA bankruptcy to focus on the bondholders' accounting counterclaim.