Fannie/Freddie Legal Challenges Proceed While Investors Seek High Court Review

Investors in Fannie Mae and Freddie Mac plan to continue their challenge of the government’s claim on all profits earned by the mortgage giants even as they wait to see if the Supreme Courtfeatured

AltaGas Faces Off with WGL Merger Critics

Opposition began to grow to AltaGas’s $6.4 billion acquisition of WGL Holdings as the Canadian natural gas company faced off this weekfeatured

U.S. Ponders Whether to Defend Puerto Rico Bankruptcy Law

Puerto Rico bondholders shivered Wednesday after President Trump suggested the financial calamity spreading through the island could prompt some kind of debt forgiveness,featured

Maryland Regulator Won’t Withdraw Negative Staff Testimony in AltaGas Case

State regulators in Maryland denied a rare request by AltaGas to quash negative testimony regarding the Canadian company’s bid to acquire WGL Holdings,featured

AltaGas Asks Regulator to Throw Out Its Own Staff’s Adverse Testimony in WGL Merger

AltaGas has asked the Maryland Public Service Commission to exclude and ignore negative testimony submitted by the commission’s own staff in the review of the Canadian company’s acquisition of WGL Holdingsfeatured

Hurricanes Add to COFINA Bondholders’ Woes

The destruction caused by Hurricane Maria last week to Puerto Rico could not come at a worse time for bondholders fighting for revenues from by the commonwealth’s sale and use tax that supportfeatured

Judge Hears COFINA Bonds Motion

Attorneys for senior COFINA bondholders urged a federal judge Friday to reject a plea by unsecured creditors to intervene in an interpleader motionfeatured

Court Grants Delay in Activist’s comScore Challenge

A Delaware judge has granted comScore a two-week delay in a challenge by Starboard Value Fundfeatured

Lingering IP Dispute Could Delay Avaya Bankruptcy Exit

A federal bankruptcy judge indicated Wednesday that he is willing to allow discovery on a seven-year-old intellectual property dispute that could delay Avaya’s exit from bankruptcy. An attorney for SAE Power told Judge Stuart Bernstein thatfeatured

Boston Judge to Hear Creditors’ Arguments on Joining Key Puerto Rico Dispute

With additional reporting by Tyler Tulenko – A federal judge in Boston is scheduled to hear arguments September 15 over whether unsecured creditors of Puerto Rico can intervene in an adversary proceeding that will determine the dispositionfeatured


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