Law and legal issues

John Schroder's refusal to transfer unclaimed property funds to the state budget led the state to file suit.

A proposed asset sale would resolve — with a loss for bond investors — one of five Better Housing Foundation-owned portfolios in default in the Chicago area.

Scott Wiener plans to introduce a bill later this week outlining a plan to take over the bankrupt investor-owned utility.

An Oversight Board lawyer said that an announcement might be made in the next 30 days.

The impoverished Chicago suburb is working on a settlement to provide bondholders with some revenue while allowing the city to operate.

Pennsylvania Treasurer Joe Torsella discusses his state's lead role in a lawsuit against banks that led to a settlement over price fixing of government agency bonds. Paul Burton hosts.

Gavin Newsom's filing urges the judge overseeing the utility's Chapter 11 not to approve bankruptcy exit financing commitments.

Gov. Henry McMaster wants to sell the state-owned utility after its nuclear project debacle; a report to lawmakers on bids for Santee Cooper has been delayed.

Indian River County won’t pursue the federal litigation further, but it will proceed with a lawsuit in state court over the use of its railroad crossings.

At issue is the so-called "public disclosure bar," which prevents a whistleblower from pursuing a lawsuit based on publicly available information.

The last-ditch attempt to settle Preston Hollow Capital's lawsuit against Nuveen failed this week.

Paige Cognetti takes over in the aftermath of a corruption scandal and faces tough economic challenges, including an adverse ruling in a taxpayer lawsuit.

Residents in Riverside filed a lawsuit seeking to end the city’s practice of transferring water utility revenue.

The bond trustee says its appeal of a ruling that Platte County is under no legal obligation to repay $32 million of Zona Rosa bonds will be heard.

Decision on mediation comes after judge warned he was close to rendering an opinion likely to favor Preston Hollow Capital

The U.S. Department of Transportation reasonably determined the Florida’s passenger train owners were qualified to receive private activity bond financing.

The Clearwater Cay Community Development District dismissed its Chapter 9 case and will pursue a dispute about property assessments in state court.

The judge overseeing PHC's lawsuit accusing Nuveen of strong-arm tactics makes final push for mediated resolution before issuing opinion.

Florida says it was harmed, but the special master in the water rights case said Florida lacked clear and convincing evidence that Georgia is responsible.

While JEA pursues a potential sale, some Jacksonville city council members are pushing back against the potential privatization.