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Orrick: Lessons From Recent SEC Municipal Enforcement Actions
US Cities Plan to Use Infrastructure Aid on Roads and Bridges.
NASBO FY2023 Enacted Budget Summaries.
Goodman v. UBS Financial Services, Inc. – After bondholder alleged that bank incorrectly reported the amount of amortized bond premiums on his 1099 Tax Form, causing him to significantly overpay his federal taxes, District Court holds that bondholder plausibly alleged claims of breach of contract and negligence.
And finally, Your Mileage May Vary – Khe Sanh Edition is brought to us this week by Torres v. City of St. Louis, in which grandpa was awakened in his own home by the dulcet tones of a battering ram and a flash bang grenade. Followed immediately by a gunfight in which the SWAT team fired 93 rounds, hitting his grandson 23 times. The officers claimed that the grandson had fired at them with an AK-47, to which grandpa responded that, “he did not hear an AK-47 fire during the incident and would have noticed the sound because he had heard it ‘thousands’ of times during his military service in Vietnam.” Sweet Christmas. Our most vivid memories of gramps is scratchy sweaters, risque ditties, and the increasingly anachronistic butterscotch hard candy. PTSD a bit thin on the ground on the mean streets of Santa Barbara, CA.

Bond Case Briefs