Law and legal issues

The evolution of the lawsuit has opened wide the window into high-yield stakes in the municipal industry and laid bare the relationships between broker-dealers and Nuveen.

The unnamed governmental entity is seeking recordings that are the subject of recently unsealed transcripts in Preston Hollow Capital’s defamation and antitrust lawsuit against Nuveen. Meanwhile, additional transcripts between Nuveen and Morgan Stanley/Goldman Sachs are now public.

Mark Bonsall will take over the troubled South Carolina-owned utility and lead its restructuring and reform team.

A simple majority was enough to pass the two tax measures, a San Francisco Superior Court judge ruled.

A bailout of FirstEnergy Solutions Ohio nuclear plans would enhance what can be paid to bondholders under the company's Chapter 11 reorganization.

After Gov. Ron DeSantis signed the bill into law, Moody's Investors Service downgraded Miami-Dade County Expressway Authority debt.

While the best case scenario is a court dismissal, analysts think the state would support bondholders should the case goes against them.

The governor approved a law authorizing the state to issue bonds to finance transportation projects backed by Deepwater Horizon settlement revenue.

The Supreme Court will rule on both the legality of the board members' appointments and the validity of their rulings since appointment.

The recorded conversations document Nuveen's efforts to choke off Preston Hollow's access to capital and block what it considered predatory lending practices.

The state is taking qualifications from firms interested in building three facilities to house male inmates.

The Michigan Supreme Court ruled that Macomb County is not contractually bound to provide lifetime healthcare benefits to retirees.

Gov. J.B. Pritzker denounces the move as right-wing attack to harm the state's improved standing in municipal market.

Without a successful appeal, Employees Retirement System bondholders won't get their bond payments during the bankruptcy.

S&P Global Ratings cut its rating to A from A-plus, and maintained a negative outlook on the South Carolina Public Service Authority.

A bill to dissolve the south Florida toll road authority has been sent to Gov. Ron DeSantis.

Brogdon's high personal spending and failure to sell his assets spell an end to the usefulness of his repayment plan, the SEC told a federal judge.

A judge's decision looms for men accused of bilking the Connecticut Municipal Energy and Electric Cooperative, which got good news from Fitch Ratings last week.

Solicitor General Fadwa Hammoud and special prosecutor Kym Worthy said they will expand the investigation based on new evidence.

The judge ruled for Peter Cannava, who had denied wrongdoing even after Wells Fargo and other defendants settled charges.