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The state takeover of Atlantic City finances will be tested in court after a New Jersey judge temporarily blocked the states effort to cut 100 Atlantic City firefighter jobs.
February 3 -
Two Puerto Rico residents are firing back at UBS, saying the firm's challenge in federal court of an $18 million Financial Industry Regulatory Authority arbitration award over losses in Puerto Rico bonds is "a hopeless and baseless attempt at an unwarranted do over."
February 1 -
A federal court should dismiss two lawsuits challenging bond financing for the All Aboard Florida train project because the new administration will review future private-activity bond applications, court filings said.
February 1 -
Financial advisor Hilltop Securities Inc. formerly First Southwest has agreed to pay $16 million to settle the lawsuit Rhode Island Commerce Corp. brought in the wake of the failed 38 Studios deal.
February 1 -
The bonds of 16 affordable housing properties affiliated with Global Ministries Fellowship were downgraded by S&P Global Ratings, sending 14 more of the credits to junk.
January 31 -
A federal judge has denied former Miami budget director Michael Boudreaux's motion for a new trial after a jury found him guilty of securities fraud for misleading municipal bond investors, but he is still exploring options for appeal, his lawyer said.
January 31 -
Nearly four and a half years later, San Bernardino has received final approval on its plan to exit bankruptcy.
January 30 -
The Puerto Rico Oversight Board extended the stay on debt-related litigation to May 1 and the deadline for the governor to submit a 10-year fiscal plan to Feb. 28.
January 30 -
Former Harrisburg, Pa., Mayor Steve Reed received two years of supervised probation after pleading guilty to 20 counts of receiving stolen property.
January 30 -
Illinois Gov. Bruce Rauner attacked and vowed to fight Illinois Attorney General Lisa Madigans attempt to block state payroll amid the 18-month-old budget impasse.
January 27