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Assured Guaranty, National Public Finance Guarantee, and Financial Guaranty Insurance Co. challenged diversion of special revenue bond collateral that secures $4.1 billion of Puerto Rico Highways and Transportation Authority bonds.
June 5 -
A tax lawsuit against Scranton could have ramifications throughout Pennsylvania.
June 1 -
Once-bankrupt Detroit ended fiscal 2016 with a $63 million surplus.
May 31 -
Bankruptcy is no cure for junk-rated Chicago Schools’ fiscal ills, says schools chief Forrest Claypool.
May 30 -
Bondholders will provide a loan to bankrupt Oconee Regional Medical Center even as they stand to lose on their bond investments.
May 24 -
The first hearing of the Puerto Rico Title III case on Wednesday reinforced that the battle between general obligation and Puerto Rico Sales Tax Financing Corp. (COFINA) bondholders will be a central issue as the biggest municipal restructuring gets underway.
May 19 -
Public power agencies in Georgia and South Carolina face headwinds from the Westinghouse bankruptcy.
May 17 -
Hartford, Conn. received another downgrade as S&P Global Ratings lowered the city to BBB-minus.
May 15 -
A Georgia hospital system's bankruptcy could give bondholders a big haircut.
May 12 -
WILKES-BARRE, Pa. -- City Council is letting Mayor Tony George get his way in dealing with the city's crushing debt.
May 12