Litigation

The defendants are raising questions about due process and the definition of fee-splitting arrangements.

Avoiding even the appearance of representing conflicting interests is important for attorneys and municipal advisors alike.

Michigan issued debt in June to cover its portion of the settlement approved by a federal judge Wednesday.

Payments under the opioid settlement are too short-lived to securitize and local government participation remains unclear.

They argue the takeover violates their constitutional rights and say a voter-approved tax measure is illegal because it originated with state-appointed leaders.

A lawsuit accusing underwriter Stifel of negligence on one bond issue is pending and broader claims related to the financings are being considered.

A federal judge denied Nuveen's motion to dismiss Preston Hollow's antitrust lawsuit concluding a "plausible" claim exists to proceed. PHC faces a tougher legal road ahead in proving its rival orchestrated a damaging boycott.

The Michigan Supreme Court sided mostly with the state in a dispute over whether it was meeting local funding obligations under the Headlee Amendment.

Detroit Mayor Mike Duggan warns the revisions threaten the city's post-bankruptcy fiscal progress, but the charter commission calls the claim greatly exaggerated.

The hiring of an underwriter moves the city closer to a debt restructuring that is called for in a legal agreement with holders of defaulted bonds.