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Michigan issued debt in June to cover its portion of the settlement approved by a federal judge Wednesday.
November 11 -
Payments under the opioid settlement are too short-lived to securitize and local government participation remains unclear.
October 15 -
They argue the takeover violates their constitutional rights and say a voter-approved tax measure is illegal because it originated with state-appointed leaders.
October 6 -
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 -
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 -
Detroit Mayor Mike Duggan warns the revisions threaten the city's post-bankruptcy fiscal progress, but the charter commission calls the claim greatly exaggerated.
July 30 -
The hiring of an underwriter moves the city closer to a debt restructuring that is called for in a legal agreement with holders of defaulted bonds.
July 27 -
The state's court is weighing whether to allow a public vote on proposed charter revisions that Mayor Mike Duggan warns could trigger a fiscal crisis.
July 7 -
The fiscally strained Chicago suburb's firefighters' fund isn't entitled to share in ARPA relief under a 2018 settlement, a state circuit court judge ruled.
June 28