Litigation

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.

An injunction was issued against U.S. Immigration and Customs Enforcement, which could impact a prison's facility's revenue bonds.