Debtwire Radio

Muni Lowdown: Las Vegas Monorail misfortune

Informações:

Synopsis

Las Vegas Monorail filed for Chapter 11 protections in Nevada bankruptcy court last week to clear the way for its sale to the Las Vegas Convention and Visitors Authority, saying service disruptions from COVID-19 have left it without enough cash to continue operating beyond 30 November. Debtwire’s Senior Legal Analyst, Sarah Foss and Debtwire Municipals’ Chuck Stanley discuss the legal and financial ramifications. Yong Lim, the Debtwire Municipals desk editor, is the moderator of the podcast. The Muni Lowdown is a weekly podcast recapping the previous week's significant news developments in the municipal bond market. For comments or questions contact paul.greaves@acuris.com