- MSRB Provides Overview Of Municipal Market Derivatives Regulatory Framework.
- BDA Submits Comment Letter: FINRA Requests Comment on the Application of Certain Rules to Government Securities and to Other Debt Securities More Broadly.
- New “Remedial Actions” for BABs and other Direct Pay Bonds and Long-term Leases of Bond-financed Property.
- IRS Expands Remedial Action for Nonqualified Use of Tax-Advantaged Bonds.
- Ross Sinclaire and Associates, LLC v. Huntington National Bank – Court of Appeal holds that buyer of multifamily housing mortgage revenue bonds knew or should have known of indenture trustee’s alleged breach of trust no later than when trustee filed foreclosure action against residential complex that was the collateral for the bonds and requested the appointment of a receiver, and thus the four-year statute of limitations for buyer’s claims against indenture trustee for common-law breach of fiduciary duty and breach of trust began to run no later than that time.
- And finally, Showdown at the Euphorbia milii is brought to us this week by GeorgiaCarry.Org, Inc. v. Atlanta Botanical Garden, Inc., in which old ladies and bored school children were startled to discover that a fellow visitor to the local botanical garden was packing heat. The gentleman in question was very gingerly escorted off the premises by garden staff. I don’t know about you, but when I think Special Weapons And Tactics, I think: horticulturist.