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The bankruptcy process could take 18 to 36 months to sort out, one municipal analyst said.
April 5 -
A state bill to restructure the Santa Rosa Bay Bridge Authority’s bonds didn't pass; one analyst said it could have violated contract laws.
March 21 -
A federal judge dismissed a suit over Buena Vista’s bonds, but an appeal will put the city's moral obligation pledge on trial again.
March 14 -
Lombard Public Facilities Corporation creditors will receive $142 million of new bonds in exchange for $190 million of outstanding debt.
March 7 -
The Florida House Government Accountability Committee is willing to offer Garcon Point Bridge bondholders 50 cents on the dollar.
February 27 -
Connecticut Treasurer Denise Nappier told lawmakers that Gov. Dannel Malloy's plan to push out payments would violate a bond covenant.
February 26 -
The plan calls for up to $55 million of borrowing to fund 2015 state health and pension benefits.
February 22 -
New Jersey Gov. Phil Murphy appointed his primary opponent to lead a review of the state’s intervention efforts.
February 16 -
Harvey, Illinois can ill afford higher pension contributions as it's yet to make good on defaulted bond payments.
February 9 -
Bankruptcy attorneys who work with local governments on project financing are paying attention.
January 16