Lawsuits

East Rutherford is suing the project's developer, saying it has missed millions of scheduled payments in lieu of taxes. American Dream's owners disagree.

Plaintiffs who challenged the legislation plan to ask the Illinois Supreme Court to hear the case. Meanwhile, the consolidation process has moved forward and the majority of funds have transferred their assets.

Missouri's challenge to the law that prohibits pandemic aid funding being used for tax cuts won't get a hearing.

The Securities and Exchange Commission's Public Finance Abuse Division began looking in new directions, charging five different firms with violating 15c2-12 limited offering exemptions in addition to going after issuer officials.

Georgia authorities and local residents opposed to construction of the new EV production facility are now arguing their case in Georgia's Court of Appeals.

St. Louis will receive $250 million and St. Louis County gets $169 million under a deal to distribute the $790 million legal settlement with the National Football League Rams over its 2016 move to California.

The Kentucky Bankers Association is seeking to halt Attorney General Daniel Cameron's investigation into climate commitments made by six large banks. The suit alleges that the AG overstepped his authority by seeking to compel the banks to turn over certain documents and communications.

The suit, filed on behalf of community groups and area residents, alleges New York state officials skirted the law when negotiating a deal with developer Vornado Realty Trust in 2018.

Several California cities have waged a multi-year climate change battle against oil companies

The decision by Ocmulgee Superior Courts Chief Judge Brenda Holbert Trammell questioned the feasibility of the EV maker's project and bonds that would back it.

Recent court decisions have the potential to up the ante in lawsuits accusing major banks of manipulating the variable-rate market.

The mall operator want a downward reassessment of the property's estimated value, a move that could reduce quarterly PILOT payments that back tax-exempt bonds.

The inclusion of swaps has the potential to increase claimed damages in the New York State lawsuit, though banks view swap materials as providing a potential defense.

Brokers should be aware that inaccurate tax reporting could force its brokerage clients to seek damages and could force dealers to make their clients sign a liability waiver, as the recent muni case Richard Goodman v. UBS Financial Services highlights.

The temporary injunction halts all work on Pennsylvania's $2.2 billion Major Bridges program.

The office of Rob Bonta filed its objection to the dismissal with a California appellate court in San Francisco May 19.

The court's decision leaves issuers back to looking for a legislative solution.

The lawsuits challenge the procedures the NFL used to move the San Diego Chargers to Los Angeles.

A judge has ordered the state to reconsider its rejection of a bid for a $9 billion P3 for new toll lanes, a move that could delay Gov. Larry Hogan’s priority project.

For $790 million, the NFL settled a suit alleging that the league failed to follow its own rules when it allowed the Rams to leave St. Louis for California.