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The Poinciana Community Development Districts argue that "issue preclusion” should bar some objections to the validation of $102 million of bonds.
June 13 -
The Illinois Municipal Retirement Fund's new power to intercept Harvey's pool of state revenues complicates settlement efforts with the city's public safety funds.
June 12 -
The U.S. Department of Transportation told All Aboard Florida that it now has until Dec. 31 to sell the $1.15 billion of bonds.
May 31 -
S&P said a state law de-annexing a major portion of one city to create another may affect all of its Georgia municipal rating assessments.
May 31 -
A settlement would free up some state-intercepted revenues for the city while sending some overdue contributions to the funds.
May 31 -
State-owned utility Santee Cooper received two subpoenas that appear to focus on a secret assessment report about the foundering project.
May 30 -
The outcome clearly places bondholders behind pension funds, according to Moody's Investors Service.
May 29 -
Harvey's revenue bondholders will get a piece of the city's intercepted revenues while the police fund has to wait.
May 24 -
Harvey, Illinois, bondholders continue to get the city's home-rule taxes, but lose the city's share of state taxes.
May 22 -
The university can issue debt or pay cash to cover the settlement but either option has credit consequences.
May 21 -
They seek damages damages from a litany of professional firms over the capital city's plunge to near bankruptcy.
May 21 -
The Illinois city's revenue bondholders want any legal settlement to prioritize their claim over those of pension funds.
May 18 -
S&P placed MSU on CreditWatch with negative implications, citing a lack of clarity on how the settlement will be paid for.
May 18 -
The lawsuit says the state's plan to pay off oil producers by issuing bonds violates the state constitution.
May 18 -
Tampering with funds from a debt sale was among the allegations that landed Crystal City's former city attorney and city manager the long sentence.
May 17 -
Stockbridge's attorneys filed a state constitutional challenge in local court, and plan to file a civil rights complaint in federal court soon.
May 17 -
The university has not said how it intends to pay for the legal settlement.
May 17 -
Bills that stripped territory from Stockbridge without apportioning its debt are credit negative for Georgia local governments and could impose higher borrowing costs.
May 15 -
The Illinois pension intercept law could pose rating strain but also force funding discipline over long term, according to S&P Global Ratings.
May 14 -
Louisiana plans to ask firms if their policies “infringe on the constitutionally protected rights” of citizens to lawfully keep and bear arms.
May 9













