Litigation

A federal court decision enjoins the state from enforcing a 2021 law that penalizes investment banks and others for "boycotting" the fossil fuel industry.

It's the first time the regulator has named VRDO rate-resetting process as an area of review.

Platte County, Missouri, formally withdraws from public financing of a shopping center that sparked court battles after its sales tax revenues began to falter.

Bondholders are seeking compensation from the U.S. government for their losses in the restructuring.

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.

A California Supreme Court ruling could eliminate the need for validation lawsuits before issuing pension obligation bonds, the winning attorneys say.

In a case stemming from a PACE bond authorization, the majority said language in Florida law giving finality to bond validations must be respected.

The city's rejection of the petition, which aims to stall or submit the largely bond-financed convention center project to voters, is being challenged in court.

The toll road agency's financial and other practices were targeted in a November legislative study, which could lead to another round of reform legislation.

The California Debt and Investment Advisory Commission explored public finance solutions to child sexual abuse claims this week at an event in San Diego.

The ruling comes as the municipal bond market closely watches the administration's effort to control federal infrastructure spending.

City Manager Oliver Chi unveiled a plan to invest $60 million to change the city's current trajectory.

Approval by Doña Ana County of $165 billion of industrial revenue bonds for a massive data center project is being challenged in state court.

Investors sued after the fund's sudden June selloff.

A debt restructuring by Ninnekah Public Schools aimed to reduce the impact of a court-approved settlement that will still result in a huge property tax hike.

Fitch revised its outlook on the AAA-rated southern California to negative. The city is grappling with child sexual abuse claims from hundreds of people against one former employee.

The county will tap reserves and eliminate vacant positions to meet budget challenges driven by billions of dollars of child sexual abuse settlements.

Summit Utilities Oklahoma used reserve funds to help cover an Oct. 1 payment on taxable bonds sold in 2022 through the Oklahoma Development Finance Authority.

It affirmed the California city's Aaa issuer rating, but cited the drag on revenues from tepid tourism numbers and liabilities from child sexual abuse claims.

The city faces hundreds of child sex abuse claims stemming from a former after-school program volunteer. A recent state law opened the window for old claims.