Ed. Note: We will be off next week due to court-mandated (in)sensitivity training. Double Dose O’ Drivel 9/5!
Issuers Urge Supreme Court to Review BABs Subsidies Case.
Additional ESG Disclosure Requirements Coming for Public Debt Issuers?
Wall Street’s Most Hated 3 Letters Prove Too Risky to Ignore.
In Re City of Amarillo, Texas – After city’s voters defeated a proposition for issuance of $275 million in general obligation bonds payable from ad valorem taxes to fund improvement and expansion of the city’s civic center complex, the city council approved a plan in which city would fund the project via the issuance of tax anticipation notes and the future issuance of refunding bonds to refinance the debt, all of which was struck down by the Court of Appeals due to city’s failure to adequately explain the details of this plan in the corresponding agenda item for the meeting at which this plan was approved.
And Finally, Zombie Apocalypse! is brought to us this week by Linden v. City of Southfield, Michigan, in which, “Emergency medical personnel in Southfield, Michigan, pronounced Timesha Beauchamp dead when she was still alive. Beauchamp was placed in a body bag and transported to a funeral home, where an embalmer discovered that she was not dead.” (Unlike most of our content, we are not making this up.) And spare a moment for the most-certainly-savagely-traumatized embalmer, who is never even mentioned thereafter! The mind reels. Anyhoo, that’s all. Sleep well.

Bond Case Briefs