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New Jersey's Local Finance Board approved a state takeover of Atlantic City's finances.
November 9 -
The Fresno County, Calif. district attorney is investigating allegations that officials at Parlier Unified School District may have engaged in fraud, misappropriation of funds or other illegal activities.
November 8 -
A federal judge has granted a 30-day extension for All Aboard Florida and the U.S. Department of Transportation to respond to lawsuits challenging a $1.75 billion private activity bond allocation to finance a private passenger train project.
November 7 -
A lawsuit that threatens to invalidate the sole security for bonds issued by the Chilton County Health Care Authority in Alabama prompted Fitch Ratings to place debts AA-minus rating on watch negative.
November 3 -
The judge hearing all the debt lawsuits in Puerto Ricos federal court ruled for a continued stay in three cases, saying the delay in litigation wont hurt the investors interests.
November 3 -
Atlantic City officials are gearing up to fight a possible state takeover after New Jersey rejected the citys five-year fiscal recovery plan.
November 2 -
The developers of the All Aboard Florida intercity passenger train project unveiled a new financing strategy in court documents saying that it is designed to moot two pending federal lawsuits nearing conclusion in Washington, D.C.
November 2 -
New Jersey has rejected Atlantic City's proposed financial recovery plan, setting the stage for a possible state takeover and raising more doubts about the junk-rated city's ability to service its bond debt.
November 1 -
A federal appellate panel dealt a setback Monday to the proposed merger of two Illinois based systems -- Advocate Health Care and NorthShore University HealthSystem.
October 31 -
The Oklahoma Supreme Courts approval of changes in the states public pension plan is a positive credit factor for the state, according to Moodys Investors Service. The Sooner State still faces a possible downgrade of its Aa2 rating.
October 31