Topic
Municipal Debt
7 published works
McNees Public Sector
The Relationship of Bond Counsel and Solicitor in a Bond Issue
By Donna Kreiser, David Unkovic
A municipality or school district that is issuing debt (referred to herein as an “issuer”) needs to employ legal counsel to assist it with the debt issuance process. There are…
McNees Public Sector
Slate of Municipal Debt Reform Proposals Reintroduced in PA House, Senate
A group of elected officials in the Pennsylvania House of Representatives and Senate have reintroduced a series of bills making significant changes to the process by which municipalities in Pennsylvania…
McNees Public Sector
Municipal Debt Reform Proposals Reintroduced in State Senate
A series of municipal debt reform proposals have been reintroduced in the Pennsylvania Senate. Versions of these proposals have been introduced in every legislative session dating back to the 2013-2014…
Restructuring Globalview
Puerto Rico Continues the Struggle to Restructure its Debts
When we last discussed the Commonwealth of Puerto Rico’s efforts to restructure some $72 billion in municipal debt, a Federal District Court Judge had found the Commonwealth’s 2014 municipal debt-restructuring law,…
McNees Public Sector
Five Things to Know when Contemplating the Issuance of Municipal Debt
By Tim Horstmann, Donna Kreiser
Municipal financings are often perceived as a very complex, and even overwhelming, undertaking. The various rules and regulations which govern the process oftentimes seem complicated and difficult to understand. Keep…
Elder Law Prof Blog
Pensions and Retirement Security
By rmorgan
In case you missed it, a bankruptcy judge in Detroit has held that pensions could be considered for cuts as part of the city's bankruptcy case. According to an article…
The Faculty Lounge
Chapter 9 Bankruptcy
In all the years I've taught bankruptcy, I've never more than mentioned Chapter 9 of the Bankruptcy Code. Chapter 9 deals with municipalities in financial distress (and Chapter 1 of…