IRS Proposed Political Subdivision Rules Would Be Big Change for Munis.
MSRB 2016 Compliance Advisory.
George K. Baum FINRA Case Shows Excessive Fee, Bond Ballot Concerns.
NABL Submits Additional Issue Price Comments.
FINRA Approves Enhanced Price Disclosure to Retail Investors in Fixed-Income Securities.
Wheelabrator Bridgeport, L.P. v. City of Bridgeport – Supreme Court of Connecticut holds that trial court’s improper rejection – as a matter of law – of the cash flow approach to property valuation (a waste-to-energy (WTE) facility) required a new trial at which the court could exercise its discretion to determine the credibility of expert testimony regarding the appropriate valuation method and expert’s calculations.
Lenox Barbeque and Catering, Inc. v. Metropolitan Transit Authority of Harris County – Court of Appeals holds that landowner’s conveyance of part of a tract of land used for a restaurant to transit authority, pursuant to a settlement of the authority’s condemnation petition, operated as a release of any claim under the state constitution for lost profits based on the loss of the parcel taken by the transit authority, even though there was no express release.
In re Lewis & Clark Public School Dist. #161 of Ward – Supreme Court of North Dakota holds that catch-all provision of statute governing annexation of property permitting consideration of “all other relevant factors” was not unconstitutionally vague and did not amount to unconstitutional delegation of legislative authority to Board of Public School Education.
And finally, we highly recommend that one tread very, very lightly when initiating conflict with any entity with the word “barbeque” in its name due to the enormous karmic implications. Conversely, knock yourself out with regard to any entity with the word “colon” in its name. Worst case karmic consequence there is just a colonoscopy. Which isn’t the worst idea, particularly if you eat a lot of barbeque.

Bond Case Briefs