Ed. Note: We’ll be off 12/27. Double Dose O’ Drivel 1/3/23!
GASB Proposes Guidance To Assist Stakeholders With Application Of Its Pronouncements.
New GFOA Federal Funds Training Scheduled for January.
MSRB Amends Rule A-12, on Registration, and Provides Accompanying Form A-12 Changes.
MSRB Proposes Extending Filing Deadlines.
New State and Local Government Financial Reporting Requirements Headed to Biden’s Desk.
S&P: As Threats Rise, U.S. Public Finance Entities Take On Mounting Challenges To Secure The Digital Front Line
Startup Uses Blockchain for Muni-Bond Deals in an Industry First.
How a Trick 62% Coupon Helped Sell a Wisconsin School Bond Deal.
Jackson v. Mayor of Detroit – Court of Appeals holds that the preclusive doctrine prevented citizens from challenging bond issuances after the fact.
And finally, Further Adventures In Pro Se Plaintifness is brought to us this week by the above-referenced Jackson v. Detroit, in which some dude and his buddies challenged Detroit’s issuance of some, uh, long-ago-issued, uh, issuances. As per pro se standards, there were indeed some hiccups. As the three-judge panel noted – through clearly gritted en banc teeth – “Plaintiffs challenge the ‘2020 Prop N bond,’ which was supposedly issued in February 2021. But plaintiffs did not identify this bond in their complaint, nor is there any evidence showing that such bond existed.” The ever-elusive phantom bond issuance strikes again.

Bond Case Briefs