Law and legal issues

The city says firms conspired to artificially raise rates resulting in unjust enrichment.

Federal attorneys say Florida utility JEA's effort to repudiate its power purchase agreement could undermine the entire Plant Vogtle project.

The ruling represents a second major victory for the anonymous whistleblower who has filed suit in at least four states.

Financial advisor and attorney Calvin Grigsby and Shreveport, Louisiana, settled federal and state lawsuits without disclosing the terms.

Michigan State sold taxable bonds to finance a legal settlement in the Larry Nassar sexual abuse cases.

The U.S. Court of Appeals for the District of Columbia ordered a district judge to review four documents totaling 16 pages in an IRS Office of Professional Responsibility case file for possible release under the federal Freedom of Information Act.

Formal allegations of fraud by banks in the pricing of variable rate debt obligations appeared in a fourth state.

Indian River County will file an appeal as it continues fighting against private activity bond financing for the passenger rail project.

A lawsuit alleging fraud accusing banks and broker-dealers of fraud in the variable-rate demand obligation market will proceed, an Illinois judge ruled.

Laura Taylor Swain indicated she liked the procedures proposed by the Oversight Board and Unsecured Creditors Committee.

The Chapter 11 filing creates uncertainty for the state and localities where the utility operates.

Rep. John Cortes wants new requirements for community development districts that purchase property and better disclosure for homeowners.

Ratepayers on the Jefferson County, Alabama, sewer system said the high court should decide if their appeal can proceed.

About $920 million of the investor owned utility's debt is in the form of municipal bonds.

Recent upheaval in senior management at Michigan State University won’t impact the timeline to sell bonds to fund sex-abuse settlements.

A spokesman for Florida Attorney General Ashley Moody said she is reviewing an anti-blasting petition filed by South Carolina.

KPC Group has agreed to be a stalking horse bidder for Verity Health System's remaining four hospitals.

California’s largest utility owner faces $30 billion in potential wildfire liabilities, and its bankruptcy plan has reverberated across the power industry.

Rating agencies don't expect major impacts to state and local governments from the troubled California utility's pending bankruptcy.

An arbitration decision against the tribe in connection with a revenue-sharing agreement is good for the city, according to Moody’s.