Law and legal issues

A group of ratepayers on Jefferson County, Alabama’s sewer system has asked judges to reconsider dismissal of their appeal.

Verity Health System reported about $459 million of long-term bond debt and $254 million in pension obligations on its most recent CAFR.

Bondholders are going after the city, county officials, and a court-appointed water receiver to ensure future payments.

Maine Gov. Paul LePage is pushing the federal government to reverse the decisions of his state's voters and courts, and block a Medicaid expansion plan.

S&P Global Ratings raised Stockton Public Finance Authority lease-revenue bonds to BB from B-minus.

A major state bridge repair and replacement program was launched as the turnpike authority’s bond ratings were downgraded because of pension liabilities.

The SEC is sorting out those charged with engaging in a large multi-year "flipping" and kickback scheme.

The Florida Development Finance Corp. will issue $1.75 billion of bonds for the privately owned passenger train project.

The Maine Supreme Court dealt a blow to Gov. Paul LePage’s efforts to slow voter-approved Medicaid expansion.

Brevard County will subsidize Bezos' Blue Origin with $8 million, though a recent court ruling says it can't issue bonds to raise the funds.

The Florida Development Finance Corp. will be asked to be the conduit issuer for $1.75 billion of PABs on behalf of the project's private owners.

Jacksonville-based JEA wants the Municipal Electric Authority of Georgia to vote against continuing the project.

Owners of a Los Angeles complex had argued that their duty to provide affordable units ended when bonds were paid off.

Multiple constitutional claims, including racial gerrymandering, are cited in lawsuits filed by the city of Stockbridge and Capital One Public Funding.

Moody's lowered the South Carolina-owned public utility’s bond rating to A2, and its bank bond rating to A3.

A State Supreme Court ruling jeopardizes San Diego’s pension reform measures, exposing the city to millions in unanticipated costs.

The State Bond Commission barred the banks from upcoming Garvee bond deals, and said its action may apply to other state bond issues.

The appellate court's order favoring the county comes almost five years after its exit from Chapter 9.

The comprehensive new law modernizes bond statutes on the books since the 1980s.

They are accused of improperly diverting newly issued municipal bonds to certain broker-dealers for a fee at the expense of retail investors.