Disclosing COVID-19 Risks and Impacts in Connection with Municipal Securities.
MSRB Publishes Summary of State and Local Disclosures to Its EMMA System about Impact of COVID-19.
MSRB Provides Temporary Regulatory Relief to Market Participants Affected by COVID-19.
NABL Sends Suggestions for COVID-19 Relief to Congress & Treasury.
GFOA Fiscal First Aid Resource Center.
When Can Bond Investors Lie to Banks?
Municipal Bond Defaults Will Be A Wake-Up Call For Bond Insurers.
Community QE – An April Game Plan for States and Cities.
Federal Tax Law Considerations for Financings COVID-19 Costs on a Tax-Exempt Basis: What Issuers Need to Know – Orrick
Preston Hollow Capital, LLC v. Bouldin – In Preston Hollow’s suit against bond guarantor, District Court holds that Preston Hollow must disclose the citizenship of each individual comprising Preston Hollow’s 66 members – including partnerships, LLCs, trusts, pension benefit plans, and retirement plans – in order to establish diversity jurisdiction.
And finally, I’ll Give You Some Longevity To Infer is brought to us this week by Cochegrus v. Herriman City, Rosecrest Village Homeowners Association, Inc., in which the Supreme Court of Utah stated, “We conclude that under the circumstances here, the durable, nontransitory nature of the unsafe condition itself is evidence from which a factfinder could infer longevity.” Is it possible for a sentence to wear a little monocle and waistcoat while speaking in a haughty British accent? I think we can safely infer that it is.

Bond Case Briefs