Law and legal issues

Judge John Cooper ruled that the bill to abolish the Miami-Dade County Expressway Authority unconstitutionally usurps the county's home rule authority.

The insurer seeks at least $720 million from Wall Street firms that underwrote Puerto Rico bonds issued from 2001 to 2007.

A review after the Puerto Rico special revenues court ruling led Kroll Bond Rating Agency to upgrade the Los Angeles Unified School District's GO bonds.

Municipal group contends that the state has shortchanged them for years — to tune of more than $2 billion last year alone.

The SEC and Bank of Oklahoma differ in what they want a federal judge to do next in the Christopher Brogdon case, though both claim to have investors' best interests at heart.

Moody's deemed the ruling a credit positive, because it provides more flexibility to raise taxes.

Post trial briefs are the next step after the two-day trial wrapped up in Preston Hollow Capital's lawsuit accusing Nuveen of a banker boycott.

The Ohio law replaces a ratepayer surcharge for renewable power with one that subsidizes two of the firm's nuclear generation facilities.

The complaint filed by Philadelphia and Baltimore fails to rise to the level of specificity needed to prove conspiracy, Wall Street banks told a federal judge.

Top Preston Hollow Capital and Nuveen officials take to the witness stand.

Moody’s Investors Service downgraded $492 million of bonds because of its revised criteria on special revenue debt.

The complaint that seeks to void repayment of $14.3 billion of debt awaits a court decision on whether it can move forward.

The two-day trial in PHC’s antitrust lawsuit against Nuveen is set to begin unless the two sides reach a last-minute settlement.

The Miami-Dade County Expressway Authority is challenging a recent state law to abolish the agency.

The county contends that a state law dissolving the Miami-Dade County Expressway Authority violates its home rule authority.

Ricardo Rossello resigned after two weeks of furious protests, throwing the leadership of the U.S. commonwealth into uncertainty.

The unrated 40-year bond issue was marketed to sophisticated institutional buyers familiar with the legal dispute between MEAG and Florida's JEA.

The college is heading into the market as it remains the center of a libel lawsuit that may cost it more than $25 million in punitive damages.

The suit is "a policy paper masquerading as a complaint," the state says, but it may still push up Illinois' borrowing costs while it is active.

The ruling on tax assessments orders Philadelphia to repay $48 million, with $34 million coming from the school district.