Litigation

The state Supreme Court upheld with the original circuit court ruling tossing out the lawsuit, which sought to invalidate more than $14 billion of GO bonds.

The state's high court justices could resolve legal questions raised in a lawsuit that argues `$14 billion of outstanding GOs are invalid.

The Harvey firefighters pension fund argues that the troubled city's share of American Rescue Plan funds should be subject to an intercept of state funds.

The mammoth California hospital chain reached a preliminary $575 million settlement agreement in March in an antitrust lawsuit.

The Michigan Strategic Fund signed off on the borrowing that will be priced by a syndicate led by Citi and Siebert.

State court rulings have successfully challenged the need for more than a simple majority on voter-driven tax measures, most recently in San Francisco.

The Illinois attorney general and the head of conservative policy group lay out their positions next week in a case seeking to void $14 billion of state debt.

The agreement to end the lawsuit over the sale of securities for a failed nuclear reactor project still must be approved by the court.

Former Michigan Gov. Rick Snyder and two former Flint emergency managers entered not guilty pleas Thursday on criminal charges tied to their alleged roles in the Flint water contamination crisis

Illinois is asking state justices to resolve efforts to challenge $14 billion of outstanding general obligation bonds.

The lawsuits concern bond disclosure in South Carolina, a Florida toll bridge default, and the federal water rights fight between Florida and Georgia.

The refusal to hear the bond trustee's appeal appears to end the litigation over whether Platte County bears legal responsibility to repay the debt.

UMB will ask the state Supreme Court to consider its argument that Platte County is legally obligated to repay defaulted bonds issued for a shopping center.

Georgia's MEAG Power, Jacksonville, Florida, and its utility, JEA, received two-notch rating boosts from Moody’s after settling their federal lawsuit.

Federal Judge Mark Cohen formally closed out the lawsuit between the two utilities and Jacksonville after a term sheet was posted settling the litigation.

The California Supreme Court ruled July 25 in a pension spiking case with ramifications for the state's ironclad pension legal doctrine.

In a special session that starts Monday, the Tennessee General Assembly will decide whether to offer limited liability protection from coronavirus claims from employees.

Florida and Georgia have spent tens of millions of dollars in litigation over water rights in the case before the U.S. Supreme Court.

The California Supreme Court upheld the state's 2013 pension reform, but said its ruling is not a reexamination of the "California Rule" on public pensions.

UMB claims the bonds for the Kansas hotel project are in default because the developer failed to secure a $52 million loan required by the bond indenture.