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A lawsuit accusing underwriter Stifel of negligence on one bond issue is pending and broader claims related to the financings are being considered.
October 5 -
Nathan Coco and Megan Preusker joined the firm this month, deepening the expertise offered by the firm's bankruptcy and restructuring practice.
September 22 -
Authorization to sell new bonds to replace existing debt is a necessary step to help finalize the island territory’s record bankruptcy.
September 22 -
New leaders could create a joint blueprint while sidestepping another fiscal cliff, said Peter Goldmark, a major player when the city nearly went bankrupt.
September 22 -
A superior court judge has granted the relator a small victory in a long fought case of alleged false claims, fraud and collusion.
September 21 -
The “tool kit” legislation expands powers of the Local Government Commission, including a last-resort legal process for voluntary or involuntary dissolution.
September 15 -
Having earnestly settled with every major constituency, it is time for the Board to do the right thing by abandoning unnecessary pension cuts and freezes.
September 1O’Melveny & Myers LLP -
The Federal Reserve told a judge not to scrap Libor as requested by consumers in a lawsuit because it would pose a risk to financial stability and undermine years of global planning for a transition to a new benchmark for borrowing rates.
August 16 -
A federal judge denied Nuveen's motion to dismiss Preston Hollow's antitrust lawsuit concluding a "plausible" claim exists to proceed. PHC faces a tougher legal road ahead in proving its rival orchestrated a damaging boycott.
August 11 -
The Michigan Supreme Court sided mostly with the state in a dispute over whether it was meeting local funding obligations under the Headlee Amendment.
August 3