Law and legal issues

The agreement with wildfire victims will enable the bankrupt investor-owned utility to hit a deadline to participate in wildfire claim fund, its says.

Connecticut Gov. Ned Lamont is pushing for tolls on large trucks despite a federal judge's ruling that a lawsuit against Rhode Island’s system can proceed.

The Florida Department of Transportation was ordered to raise toll rates on the Garcon Point Bridge for the first time in eight years.

Petitioner John Tillman Wednesday appealed the August circuit court ruling barring his taxpayer complaint challenging repayment of the bonds.

Debbie Mayfield cites an increasing number of fatalities where Virgin Trains operates between Miami and West Palm Beach.

Preston Hollow is fighting Nuveen's attempt to reopen a trial record in the private lender's lawsuit accusing the investment powerhouse of anti-competitive tactics.

The university now has a stable Moody's outlook as the financial impact of the Larry Nasser sex abuse scandal becomes clearer.

The decision comes as the courts told the city it's on the hook to make up the roughly 2% shortfall in property tax collections to fully cover set payments.

Miami-Dade County Expressway Authority board meetings and procurements are on hold as it fights a state law to abolish the authority.

Nuveen and Preston Hollow Capital trade barbs over PHC's recent sale of university debt

Major banks accused of manipulating the variable-rate market are seeking to get the court to toss out the second amended whistleblower complaint filed by municipal advisor Johan Rosenberg.

The risk of a state takeover of the bankrupt utility, which Gov. Gavin Newsom has suggested, is not incorporated into California's rating, S&P said.

In Massachusetts, cannabis regulation fuels a corruption investigation; in Rhode Island, it pits the executive branch against the legislature.

A special master will hear oral arguments Thursday in the federal lawsuit Florida filed in 2013, as both states incur significant legal costs.

The ruling is credit negative but the district has a large budget and revenue-raising flexibility to absorb the liability, Moody's Investors Service says.

The proposed settlement, filed in federal district court in New York late last week, would bring to a close the SEC’s case against Navnoor Kang, Deborah Kelley and Gregg Schonhorn.

In the SEC inquiry, along with a separate FAA investigation, regulators are trying to determine if airport revenues were misspent.

One plan would convert the investor-owned utility into a customer-owned cooperative, while local governments and agencies look at municipalizing PG&E assets.

A Senate committee has approved a bill requiring remote sellers to collect the state's 6% sales tax. It could generate $700 million in new revenue.

The South Carolina-owned utility redeemed $360 million as part of a two-year plan to reduce debt and stabilize electric rates for five years.