- Babies, Bathwater, etc. – The IRS Should Keep the Helpful Non-Reissuance Rules from the Reissuance Notices
- Recap of Feb 14 IRS Public Hearing on Opportunity Zones.
- CDFA Federal Financing Webinar Series: Opportunity Zones
- S&P Pension Brief: Are Asset Transfers A Gimmick Or A Sound Fiscal Strategy?
- Fitch Introduces ESG Relevance Scores.
- Philadelphia Sues Seven Banks Over ‘Collusion’ in Muni Deals.
- 5 Steps to Maintain or Improve Your Municipal Bond Rating.
- Deutsche Bank Lost $1.6 Billion on a Bond Bet.
- ACA Financial Guaranty Corporation v. City of Buena Vista, Virginia – Court of Appeals holds that city which had leased municipal golf course from public recreational facilities authority, which, in turn, was to have used city’s rent payments to repay the bonds it had issued to refinance its construction loan, did not have an enforceable obligation to make rent payments to authority; neither city, nor authority, breached the implied covenant of good faith and fair dealing by using “subject to appropriation” language in their various financing agreements.
- And finally, Them’s Fightin’ Words! is brought to us this week by Fontenot v. Town of Mamou, in which the court ruled that a town was “a precarious possessor of a sewerage lift station.” This is will henceforth be our all-purpose insult and will doubtless result in the fighting of many duels.
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