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A three-judge panel said the department could not prove the project was a modification of the existing infrastructure, which would have given it the authority to issue bonds.
January 2 -
A federal judge set oral arguments for Jan. 28 in the legal fight over the Metropolitan Transportation Authority's congestion pricing tolls in Manhattan.
December 29 -
A California Supreme Court ruling could eliminate the need for validation lawsuits before issuing pension obligation bonds, the winning attorneys say.
December 19 -
In a case stemming from a PACE bond authorization, the majority said language in Florida law giving finality to bond validations must be respected.
December 19 -
Pasadena and the Rose Bowl Operating Co. are suing UCLA, saying plans to relocate football games to SoFi stadium could jeopardize $130 million in revenue bonds.
December 12 -
22 municipalities are suing the state over vehicle-license fees they say California has failed to pay them.
November 26 -
Fiddlers Canyon's complaint should be dismissed for several reasons, UMB said.
November 25 -
"Despite the plethora of red flags, UMB wired the requisitioned amount based on the fraudulent wire instructions," the plaintiff said in its complaint.
November 13 -
The city comptroller says Buffalo's finances are in dire shape, and is fighting in court not to issue debt authorized by the mayor and city council.
October 27 -
The Cleveland City Council will decide whether to approve a deal struck by Mayor Justin Bibb with Haslam Sports Group, owners of the NFL's Cleveland Browns.
October 22 -
The case challenges Oklahoma's authority to collect income taxes from Native Americans who live and work on tribal reservations.
October 20 -
The county agreed to pay an additional $828 million to victims of childhood sexual abuse who sued under a 2019 state law that raised the statute of limitations for such cases.
October 20 -
The Howard Jarvis Taxpayers Association appealed to California's high court in a case challenging San Jose's plans to issue pension obligation bonds.
October 9 -
Bondholders say the insurers reneged on the bond insurance terms, which both firms deny in filings for the case, filed six years after the COFINA restucturing.
October 9 -
A state appeals court found that a simple majority approval by voters was sufficient on a 2020 hotel bed tax measure that reached the ballot via initiative.
October 8 -
The three Puerto Rico Oversight Board members can resume their positions immidiately, District Court Judge Maria Antongiorgi-Jordan ruled.
October 6 -
"A lawsuit like this is probably critical for any future settlements or agreements, because it will (maybe) determine up front if the incoming [board] members, and thus whatever agreements they sign, are valid or not," said Matt Fabian, a partner at Municipal Market Analytics.
September 19 -
The appelate ruling in favor of the San Juan Unified School District helps clarify what districts can finance under the state laws governing bond elections.
September 12 -
Damages awarded to the developer are several times tiny Cle Elum's $5 million general fund budget for 2025.
June 27 -
"This case involves the discovery of a massive Ponzi-like fraud orchestrated by former GHA executive director Robert Cappelletti," plaintiffs GHA and Greater Groton Realty Corp., a non-profit affiliate of the GHA, said in an April court filing.
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