Law and legal issues

The state's year-old rules ban broker-dealers and investment advisors from using non-financial criteria in investment strategies.

The utility had $542 million of outstanding tax-exempt special purpose revenue bonds issued through the Hawaii Department of Budget of Finance at year-end 2023.

The bankruptcy saga of Mercy Hospital continues, with trustee Computershare Trust filing a notice about the distribution of cash to bondholders.

The bond parties and the Oversight Board are now arguing over the meaning of the word "account."

Litigants in a case challenging San Jose's validation of proposed pension bonds will have to wait another month to hear if the high court will review an appeals court ruling.

Lawsuits targeting validation lawsuits for pension obligation bonds in California generally stop issuers from considering issuance, but two cities have fought and, so far, won.

Oconee County using bond proceeds for a sewer that will benefit only some residents may violate the state constitution.

New York lawmakers are helping a coalition of legal experts, transit riders, and environmental and disability advocates sue the governor for stopping congestion pricing.

The St. Louis-based senior-living facilities operator has almost $80 million in bonds outstanding.

The state attorney general's office said it will appeal the ruling prohibiting enforcement of 2022's Energy Discrimination Elimination Act.