- O’Brien v. New York State Com’r of Educ., in which the appeals court concluded that – for the purpose of calculating a school district’s constitutional and statutory debt limit – indebtedness is not incurred until the authorized bonds are actually sold, i.e., issued, rather than on the date the bonds are authorized.
- Elizabeth River Crossings OpCo, LLC v. Meeks, in which the Supreme Court of Virginia upheld the constitutionality of the Public–Private Transportation Act, a comprehensive agreement regarding construction and operation of a new tunnel and other facilities; exhaustive analysis of delegation of power issues.
- For the SEC, a Continued Focus on the Municipal Bond Market.
- Wenatchee, Wash. Issuer, Others Settle SEC Arena Fraud Case.
- Municipal Bonds and Accountability to the General Electorate.
- Fitch: Stockton Bankruptcy Plan Could Influence Negotiations, Settlement Elsewhere.
- GASB: Pension Standards for State and Local Governments.
- The Role of Issuer’s Counsel in a Municipal Bond Offering.
- The Bond Buyer Announces Finalists for 12th Annual Deal of the Year Awards.
- Other things we learned this week include: courts are likely to be a tad skeptical about alleged 50-year oral employment agreements; before joining “Friends of Forrest,” note that you’re befriending the confederate general Nathan Bedford and not the somewhat less controversial Mr. Gump; and there might be some explaining to do if you inadvertently tase a middle school student during a routine presentation on stun guns.
- And finally, the latest entry into the Annals of Awkward Eulogies is brought to you by City of Atlanta v. Durham. I don’t know about you, but I’d like to think that I’d notice some kind of ruckus outside before the demolition crew literally brought the house down upon me.
