Municipal Bankruptcy

Audit Raises Red Flags on Flint's Finances, But Mayor Says City Can Recover

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Supreme Court Won’t Hear a Case to Compel Paying Puerto Rico Bondholders Currently

Supreme Court let a First Circuit opinion stand that barred bondholders from compelling payment during Puerto Rico’s restructuring under PROMESA.

Court:

Supreme Court

“Application of Pledged Special Revenues” Under § 922(d)

Journal Issue:

Dec 2019

Bankruptcy Code:

922

928

362

Topic Tags:

Automatic Stay

Bankruptcy Litigation

Legislation

Municipal Bankruptcy

Puerto Rico

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Illinois Governor Seeks Major Local Pension Fund Consolidation

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U.S. Trustee May Not Appoint an Unsecured Committee in a Municipal Bankruptcy

California judge sides with former Bankruptcy Judge Steven Rhodes by holding that the U.S. Trustee does not have statutory power to appoint an unsecured committee in a chapter 9 case.

Court:

9th Circuit›California›California Eastern District

Commentary: Analysts and Academics Weigh in on Whether States Should Be Allowed to File for Bankruptcy

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Muni-Debt Crisis Is Brewing in Another U.S. Territory

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Commentary: Bankruptcy Looms for Chicago If There’s No Pension Fix

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House Committee Seeks to Amend U.S. Financial Oversight Law for Puerto Rico

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Illinois Debt Boosted After $14 Billion Bond Challenge Dismissed

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Municipal Bankruptcy

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