Skadden’s 2019 Insights: Political Law: What to Consider When Providing Investment Fund Services to US State and Local Government Entities.
MSRB to Discuss SEC’s Concerns on Disclosure at Quarterly Meeting.
Hawkins Advisory: Final TEFRA Hearing & Approval Regulations
FINRA Bond Facts.
Adviser: EPA Letter to IRS on Opportunity Zones Merits Attention
Save the Date: Upcoming BDA Infrastructure Events
Lake Ridge New Tech Schools v. Bank of New York Mellon, Trust Company, N.A. – After indenture trustee processed fraudulent pay affidavit, District Court holds that corporation which had entered into trust indenture agreement governing issuance and redemption of municipal bonds failed to adequately allege that exculpatory clause in agreement was contrary to public policy and failed to adequately allege duty of indenture trustee independent of agreement, and thus failed to state negligence and gross negligence claims.
And finally, Great Moments in Pedagogy – Eugenics Division is brought to us this week by Brewington v. City of Philadelphia, in which the kindly physical education teachers at Walter G. Smith Elementary School sent nine-year-olds crashing head-first into an unpadded concrete wall during a relay race, resulting in some serious head trauma. At first glance, tragic. But on second thought… Might it make sense to select the uh, (in)appropriate children, and speed up the inevitable via concrete wall? ‘Cuz singling out the mentally/physically enfeebled for special treatment has always worked out well, right? Right? Hey, where’s everyone going?

Bond Case Briefs