- Kramer Levin: Sorting Through the Options as Green Bonds Gain Popularity.
- The Tougher U.S. Pension Rules in Puerto Rico’s Rescue Plan.
- CDFI Fund Opens Application Period for FY 2016 CDFI Bond Guarantee Program.
- NABL: ABA Section of Taxation Submits Issue Price Comments.
- MSRB Proposes Rule Changes on Interdealer Transaction Failures.
- Gillette Co. v. Franchise Tax Bd. – Supreme Court of California holds that Multistate Tax Compact is not binding under state constitutional contract clauses, and thus the state Legislature may properly preclude a multistate taxpayer from relying on the Compact’s election provision.
- Employers Mut. Cas. Co. v. Helicon Associates, Inc. – In action to recover losses incurred in unauthorized bond issuance, Court of Appeals holds that issuer’s insurer was not liable for indemnity coverage, as unauthorized issuance triggered the “fraud or dishonesty” exclusion of the Linebacker policy.
- And finally, the Supreme Court of Washington held this week, as a matter of first impression, that the right to bear arms protects only instruments that were designed as weapons traditionally or commonly used by law abiding citizens for self-defense, thus nixing dude’s attempt at Federal protection for his paring knife. Unclear if your editor’s deployment of the fetal position and a pool of his own urine as his traditional self-defense protocol is affected by this decision.