Litigation

The Oklahoma Turnpike Authority took action on Thursday to head to the state Supreme Court to validate $5 billion of planned bond issuance.

The mammoth Sacramento-based health system experienced ratings downgrades in 2021 under the threat of multiple lawsuits, seismic costs and COVID-19 challenges.

An Illinois judge upheld the constitutionality of the state's consolidation of downstate public safety pension funds; an appeal is expected.

An appeals court ruled the state won't have to pay $1.2 billion in total damages in a forest management lawsuit.

The suit by local police pension funds slowed the consolidation process that Gov. J.B. Pritzker touted as helping local governments manage rising pension costs.

Nuveen is asking a judge to toss Preston Hollow Capital's defamation claims as a summer trial looms.

The enrollment controversy hasn't affected the nine-campus University of California system's bond ratings.

SIFMA had argued that the SEC's temporary exemption order for municipal advisors was arbitrary and capricious.

School districts that impose COVID-19 related mitigation measures face state lawsuits and can't participate in the Missouri's bond enhancement program.

The defendants believe the charges are lacking on numerous levels while the SEC argued that fee-splitting is a clear and known rule violation.

Democrat-leaning states argue that the $10,000 SALT cap deduction is politically motivated and violates the U.S. Constitution.

The complaint, targeting Louisiana’s complex sales tax collection system, comes after voters rejected a constitutional amendment to simplify local sales and use tax collection.

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.