Reprinted with permission from the September 24, 2013 issue of The Legal Intelligencer.
© 2013 ALM Media Properties, LLC.
Further duplication without permission is prohibited. All rights reserved.
If you are a municipality in Pennsylvania, you do not have an easy life. In many ways, you operate like a small business: you have revenues, expenses…
The Securities and Exchange Commission (“SEC”) recently announced that it has charged the City of Harrisburg with violations of various anti-fraud provisions of federal securities laws in connection with the resource recovery facility and other outstanding municipal bonds issued or guaranteed by the City. The City has accepted a settlement of the charges in which…
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 in mind that no matter how difficult or cumbersome the process may seem, the issuance of bonds or notes by a municipality is simply the…
