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Regional Stormwater Systems: How Should They Be Structured and Financed?

In the world of water and sewage, there are three general types of systems: A "water system" is for drinking water. Raw water is taken from a collection point (for example, a river, a lake or an underground aquifer)...more

The Critical First and Last Steps in a Municipal Workout: Vallejo, Harrisburg and Detroit

The first critical step in a municipal workout, whether inside or outside of bankruptcy, is to get all parties, the debtor and the creditors, to accept that they will all have to incur significant losses as a result of the...more

SEC Issues Final Municipal Advisor Registration Regulations

On September 20, 2013, the Securities and Exchange Commission (SEC) published its final regulations regarding the registration of “municipal advisors.” These final regulations create a permanent registration regime in place...more

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