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Full-Text Articles in Law
Citizens Versus Bondholders, Richard C. Schragger
Citizens Versus Bondholders, Richard C. Schragger
Fordham Urban Law Journal
No abstract provided.
Bondholders And Financially Stressed Municipalities, Clayton P. Gillette
Bondholders And Financially Stressed Municipalities, Clayton P. Gillette
Fordham Urban Law Journal
No abstract provided.
Note: New York - A City In Crisis: Fiscal Emergency Legislation And The Constitutional Attacks, Gayle Gutekunst-Roth
Note: New York - A City In Crisis: Fiscal Emergency Legislation And The Constitutional Attacks, Gayle Gutekunst-Roth
Fordham Urban Law Journal
Generous spending and, some would add, fiscal mismanagement have been a New York City tradition, putting tremendous pressures on both the City and State budgets. To forestall the deterioration of the City's financial condition and the subsequent collapse of the City itself, the New York State Legislature enacted a series of laws, many of which were feverishly incorporated into the body of State law in extraordinary session. With the creation of public authorities, the authorization of State funds to aid these authorities, and State hindrance of the payment of municipal debt service obligations, came inevitable claims in the courts that …