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Bond insurer ACA Financial Guaranty Corp. has gone to federal court seeking the keys to Buena Vista, Virginias city hall and compensatory damages after the city defaulted on ACA-wrapped debt that financed a golf course.
March 1 -
A struggling Indiana highway public-private partnership may have turned a corner.
February 28 -
Chicago Public Schools is warning that without state help or court intervention a $129 million shortfall may force it to end the school year early.
February 28 -
Credit concerns are mounting over the financial stability of Toshiba Co., parent of the company building partly municipal bond-financed nuclear units in South Carolina and Georgia.
February 27 -
A judge in Lackawanna County, Pa., cleared distressed city Scranton to triple its local services tax.
February 24 -
Senior holders of Puerto Rico Sales Tax Financing Corp. (COFINA) bonds filed a motion Wednesday to become involved in a court case that pits their interests against those of the commonwealths general obligation bond holders.
February 22 -
Atlantic City is planning to issue $72 million in bonds to pay for its tax settlement with the Borgata casino.
February 21 -
Facing the loss of millions in federal funds, the Miami-Dade County Commission voted to comply with immigration authorities' orders to hold jailed undocumented inmates regardless of the cost to the county budget.
February 21 -
A court ruling momentarily halting New Jersey from cutting Atlantic Citys firefighter workforce as part of its state takeover is a credit negative for the cash-strapped city, according to Moodys Investors Service.
February 17 -
A member of the Puerto Rico House of Representatives asked U.S. Attorney General Jeff Sessions to change a planned referendum on Puerto Ricos status.
February 16