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Two federal judges who helped navigate Detroits historic bankruptcy will join a Miller, Canfield, Paddock and Stone principal to launch a downtown Detroit office of Judicial Arbitration and Mediation Services.
October 28 -
Two decisions in recent days pave the way forward for lawsuits against the state of Michigan and its officials over Flints water contamination crisis.
October 28 -
An Atlantic City default may be imminent if New Jersey rejects the city's five-year rescue plan next week, according to Moody's Investors Service.
October 28 -
Indian River and Martin counties filed motions for summary judgments requesting a federal judge block the $1.75 billion private activity bond allocation for All Aboard Floridas Brightline passenger train project.
October 27 -
Construction delays and related payment risks on an Indiana public-private partnership highway project prompted Fitch Ratings to drop bonds issued for the project three notches to B.
October 27 -
A federal court judge has approved Miami's $1 million settlement with the Securities and Exchange Commission over charges the city acted fraudulently in taking steps to hide its deteriorating financial condition from bondholders.
October 27 -
Atlantic City Mayor Donald Guardian said he is optimistic that the city's turnaround efforts will be accepted and a state takeover averted.
October 26 -
In a sign of the challenges the federal board overseeing Puerto Ricos debt workout may face, the islands power authoritys deal to restructure more than $8.3 billion remains mired in litigation.
October 26 -
The tax supporting a $38 million bond deal for a rural Alabama hospital faces a legal challenge, though supporters say a state constitutional amendment on the Nov. 8 ballot should cure the problem for Chilton County and other localities, including Jefferson County.
October 26 -
Atlantic City officials unveiled a five year financial rescue plan Monday night that they hope will be enough to prevent a state takeover.
October 25