Ed. Note: We will be off next Tuesday (4/1) (El Cap!) and will return with a double dose of drivel on Wednesday, May 8.
NFMA Recommended Best Practices in Disclosure for Water and Sewer Bonds.
EPA Taking WIFIA Loan Applications.
Boston’s New Site Aimed at Municipal Bond Investors is Powered by Local Startup BondLink.
SIFMA: Draft FAQs Regarding Rule G-42 and the Making of Recommendations.
BDA Submits Comment Letter: MSRB Seeks Input on a Compliance Resource to Help Distinguish Advice and Recommendations (Rule G-42).
Commentary: Muni Industry Best Served by Wider Acceptance of Group Net Syndication Rule.
BOKF, NA v. Estes – District Court holds that bank – that had served as indenture trustee for a series of allegedly fraudulent conduit municipal bond offerings for the purchase and renovation of senior living facilities – was subject to FINRA arbitration in action brought by bondholders. See also, Compelling a Muni Indenture Trustee to Arbitrate Before FINRA: Kramer Levin
Weiss v. People ex rel. Department of Transportation – Court of Appeal holds that procedure for pretrial resolution of issues affecting the determination of compensation in eminent domain cases does not apply to inverse condemnation actions.
And finally, Other Than That, Mrs. Lincoln, How Was the Play? is brought to us this week by Hubacz v. Village of Waterbury, in which a cop happily copped to “cheating on a police exam, insurance fraud, taking uniforms from a prior employer, failure to report income on his tax returns, and impersonating a police officer for discounts and to intimidate high school classmates” but was unable to draw a causal link between these acts and his ongoing right to protect and serve. The court’s opinion failed to mention it, but we’re quite sure he received a warm and heartfelt send-off from said high school classmates.

Bond Case Briefs