- Municipal Legal News – February 2015 – Volume 1, Number 1: Dickinson Wright
- SEC Officials Pushing Harsher Penalties, Streamlined Disclosure.
- Municipal Advisors Concerned About IRMA Exemption.
- March 6 is the Comment Deadline on the GASB’S Proposals on Fiduciary Responsibilities and Lease Accounting.
- Swimming with the Sharks: Goldman Sachs, School Districts, and Capital Appreciation Bonds.
- Draft Accounting Standards Raise Thorny Questions About Accounting for P3 Risks.
- IRS to Allocate Nearly $1.4 Billion in New CREBs Volume Cap: McGuireWoods
- In re City of Stockton, California – Bankruptcy Court confirms the City of Stockton’s chapter 9 plan of adjustment of debts, holding that pension contracts entered into by the City, including its pension administration contract with CalPERS, may be rejected pursuant to Bankruptcy Code § 365. 11 U.S.C. § 365; bankruptcy practitioners will want to read this interesting, well-written opinion in its entirety.
- In re Woodham – Supreme Court of Georgia holds that attorney’s conduct in asking developers to pay him 1%($1.3 million!) of the bond amount to dismiss complaints in intervention in bond validation proceedings did not violate rule of professional conduct forbidding an attorney from engaging in conduct involving dishonesty, fraud, deceit, or misrepresentation; Court seems to be letting him off the hook because he was completely honest about the fact that this was a shakedown.
- In re City of Detroit – In this Amended Opinion and Order Regarding the Reasonableness of Fees Under 11 U.S.C. § 943(b)(3), Bankruptcy Court finds that the fees billed to the Detroit by the professionals engaged in the City’s bankruptcy and restructuring were reasonable; Court extremely complimentary of the lawyers involved in this case; worth a skim.
- In re City of Detroit – Previously-published Detroit bankruptcy opinion now with Westlaw Headnotes, making it much easier to navigate this monster.
- And finally, in its opinion confirming the fees charged by the professionals in the Detroit kerfuffle, the Bankruptcy Court noted that, among others, Jones Day, Debevoise & Plimpton, Lazard, and Pepper Hamilton had filed briefs supporting confirmation. In opposition? A Ms. Angles (sic?) Hunt. The occasional David notwithstanding, the smart money remains on the big guy.
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