- MSRB’s First Draft Municipal Advisor Rule Alarms Dealers.
- MSRB Educational Webinar on Draft Rule G-42.
- U.S. Local Governments Credit Scenario Builder for iPad available on S&P Ratings App.
- Wall Street Muni-Bond Fees Shrink Fourth Straight Year.
- Detroit’s Orr Asked SEC To Probe Swaps.
- Standard & Poor’s New Criteria for U.S. Local Governments: Methodology and Assumptions.
- GM Components Holdings, LLC v. Town of Lockport Indus. Development Agency – Appeals court holds that town agency’s determination to exercise eminent domain power was rationally related to conceivable public purpose, as required to support agency’s decision to condemn 91 acres of company’s vacant property for purpose of expanding industrial park.
- Emery v. Chattooga County – Condemnor is not authorized to exercise the power of eminent domain to acquire property to be used by private individuals for private use and private gain, but the amount of usage of the property by the general public is not controlling when determining whether a condemnor is authorized to exercise the power of eminent domain.
- Harris Const. Co., Inc. v. Tulare Local Healthcare Dist. – Contractor files for injunctive relief against county medical center, seeking an order stopping the construction project and prohibiting further draws on the general obligation bonds for the project; District Court denies the request as unworkable, refusing to take on the role of project manager.
- We also learned this week that nothing could possibly go wrong after drinking 12 beers on “dollar can night.” And finally, Michelle Pulver is remanded to a class on remedial tort chronology after complaining to the city about a (non-existent) sidewalk defect and THEN tripping/falling on that very same spot.
