Law and legal issues

An appeals court ruled the state won't have to pay $1.2 billion in total damages in a forest management lawsuit.

The suit by local police pension funds slowed the consolidation process that Gov. J.B. Pritzker touted as helping local governments manage rising pension costs.

The court's decision leaves issuers back to looking for a legislative solution.

Nuveen is asking a judge to toss Preston Hollow Capital's defamation claims as a summer trial looms.

Bondholders will vote on a Chapter 9 bankruptcy exit plan that would pay full principal and interest on Atoka County Medical Center bonds.

The enrollment controversy hasn't affected the nine-campus University of California system's bond ratings.

The lawsuits challenge the procedures the NFL used to move the San Diego Chargers to Los Angeles.

A judge has set a March 23 hearing on the Atoka County Healthcare Authority’s disclosure statement for its plan to end a five-year-long bankruptcy.

SIFMA had argued that the SEC's temporary exemption order for municipal advisors was arbitrary and capricious.

A judge has ordered the state to reconsider its rejection of a bid for a $9 billion P3 for new toll lanes, a move that could delay Gov. Larry Hogan’s priority project.

School districts that impose COVID-19 related mitigation measures face state lawsuits and can't participate in the Missouri's bond enhancement program.

Mamtek US's long-running Chapter 7 bankruptcy is expected to pay out $1.6 million to the trustee for the $39 million defaulted Moberly, Missouri, bond issue.

The defendants believe the charges are lacking on numerous levels while the SEC argued that fee-splitting is a clear and known rule violation.

Attorneys say the first step is to get a court to stay enactment of the Plan of Adjustment, but that it is unlikely.

The bankruptcy judge is unlikely to rule on the Plan of Adjustment and related legal documents until the federal government has filed its defense.

The credit unions had bought $976 million of Puerto Rico bonds and notes, which they alleged they were coerced to purchase by Puerto Rico government and its agencies.

Democrat-leaning states argue that the $10,000 SALT cap deduction is politically motivated and violates the U.S. Constitution.

The complaint, targeting Louisiana’s complex sales tax collection system, comes after voters rejected a constitutional amendment to simplify local sales and use tax collection.

The defendants are raising questions about due process and the definition of fee-splitting arrangements.

For $790 million, the NFL settled a suit alleging that the league failed to follow its own rules when it allowed the Rams to leave St. Louis for California.