-
A $25.5 million cash offer plus some equity was made to acquire Legacy Park, which was financed with $284 million of now-defaulted revenue bonds.
October 25 -
"Nothing is off the table in terms of looking at who we can potentially charge," said Brian Fagel, assistant director of the SEC's Public Finance Abuse Unit.
October 20 -
At stake is nearly $800 million in Federal Transit Administration funds.
October 5 -
Legacy Cares, which filed for bankruptcy in May, is trying to sell Legacy Park, which was financed with now-defaulted bonds issued in 2020 and 2021.
October 4 -
California lawmakers have asked the state Supreme Court to block a ballot measure that would radically alter the state's tax structure.
September 29 -
Final state approval of the debt was conditioned on the resolution of a petition to the Oklahoma Supreme Court to revisit its Aug. 1 validation of the debt.
September 27 -
With class certification now in hand, the cities that brought the lawsuit have two weeks to outline how other municipalities will be provided notice of the chance to join.
September 25 -
Kevin Stitt ordered a special session to put the state on a path to zero income taxes and consider a proposal sparked by a dispute over Native American taxation.
September 25 -
The private equity firms accused the bank of concealing key changes to a credit agreement, in part because it wanted to win future muni bond business from Brightline Holdings.
September 21 -
The rating is the first so far released for a controversial debt sale that will begin financing a $5 billion, 15-year toll road expansion project.
September 15