Litigation

Ongoing litigation and a state investigative audit could impact bonds for a $5 billion expansion even if the debt is validated by the Oklahoma Supreme Court.

The struggling Chicago suburb is waiting on audited financial statements that, once in hand, will pave the way for an exchange offer to its GO bondholders.

Phoenix asked a state court to prohibit residential housing on the site of the Tempe Entertainment District due to its proximity to Sky Harbor International Airport.

Flint will receive state pension funding help but plans to press for more pension and local government revenue aid to preserve its struggling tax base as it recovers from the 2014 water contamination crisis.

Turmoil at the community college has placed its accreditation in jeopardy and resulted in a rating downgrade.

A refinancing plan for the defaulted Legacy Cares bonds aimed to raise money to settle claims from contractors and others.

A controversial $5 billion bond-financed extension project spurred several bills that would alter the Oklahoma Turnpike Authority's debt and other practices.

The award to the South Terminal's private operator comes as Austin plans to demolish the facility as part of an expansion project to accommodate increased airport traffic.

The lawsuit comes as higher education energy concessions have become one of the most active spaces in the P3 market.

While the turnpike authority is mulling an appeal of an Open Meeting Act violation judgment, lawyers for property owners are preparing to sue over money paid to contractors.