Law and legal issues

After losing its first appeal, the Puerto Rico Oversight Board initiated a second appeal with the First Circuit Court of Appeals.

A bankrupt city's only asset is mired in its history of corruption and a statewide fight over utilities privatization.

The county achieved its many goals through long-running discipline, planning, and intelligent risk taking.

The Fitch Ratings commentary considered ratings of airports in Florida, Nevada and South Carolina, which are most dependent on the airline for passenger traffic.

Pewaukee, Wisconsin, is the target of lawsuits from a private industry group over a transportation utility fee that was struck down earlier this year.

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.