Why a Judge Allowed a Challenge to a Private Activity Bond Allocation


Stephen Ryan, representing a Florida County challenging private bond issuance for a high-speed rail project, said the county “is very pleased” with a federal court decision to allow the challenge, saying the decision means “the public will have more information as a result of the court action than they’ve ever had before about the project.“ He added that the next stage of the litigation could be a trial or a ruling on summary judgment.