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Puerto Rico business groups announced Wednesday that they would sue to block the Puerto Rico Electric Power Authority restructuring deal.
August 17 -
Bondholders' poor recovery relative to pensioners in Detroit was typical of municipal bankruptcies, as protecting the workforce has outweighed debt repayment in courtrooms across the nation.
August 17 -
Detroit-based law firm Clark Hill is expanding its public finance reach in Michigan with the acquisition of competitor Axe & Ecklund.
August 16 -
An attorney in California contends that the state treasurer erred by not allowing public comment prior to rolling out an anti-pay-to-play initiative.
August 15 -
A two-month campaign to sell Atlantic City's former airport property to help pay down the city's massive debt burden yielded two bids that came in at a third of the minimum asking price.
August 15 - Texas
Lenders will own the private operator of State Highway 130 near Austin under a Chapter 11 bankruptcy reorganization plan filed last week.
August 15 -
The receiver for bond-financed apartments owned by Global Ministries Foundation in Tennessee has disclosed in court filings that the Securities and Exchange Commission is conducting an investigation.
August 12 -
Merrett Stierheim, a former south Florida public administrator, will determine if Opa-locka is solvent for the state-appointed panel overseeing the citys finances.
August 11 -
Municipal bonds issued for Tennessee-based Global Ministries Foundation housing projects were placed on S&P Global Ratings' CreditWatch and could face rating downgrades because of uncertainty related to a federal investigation.
August 10 -
A federal judge on Friday dismissed Securities and Exchange Commission charges against Peter Cannava, a banker involved in an ill-fated private placement for startup video game company 38 Studios.
August 5