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There are no reasonable grounds for the lawsuit to proceed, said the order from Jack D. Davis II. An appeal is planned.
August 29 -
The state's net position worsened to negative $189.1 billion according to the CAFR, which arrived almost 14 months after fiscal 2018 ended.
August 29 -
The Illinois Sports Facilities Authority received a two-notch S&P Global Ratings upgrade to BBB.
August 21 -
Texas issues are headlining this week's slate of supply.
August 19 -
An Illinois circuit court judge will decide whether the case can proceed by the end of August.
August 16 -
Jack D. Davis II will decide by the end of the month whether to let the lawsuit challenging $14.3 billion of state debt proceed.
August 15 -
Chicago’s long-standing effort to host and profit from a casino will require a legislative makeover to attract financing, a report said.
August 14 -
Paul Chatalas, who has both a public finance and public policy background, took over as capital markets director Tuesday.
August 13 -
Nuveen and AllianceBernstein say Warlander Asset Management may be using the lawsuit to generate an "enormous profit" from credit default swaps.
August 13 -
The rating agency moved its outlook for Illinois to stable from negative, citing budget progress and an April tax windfall.
July 31