Bankruptcy
Brightline Florida files for bankruptcy
The transit company is over $5 billion in debt.
Brightline Florida expected to file for bankruptcy this week
The transit agency is over $5 billion in debt.
LA’s Abandoned Towers Loom as a “$1.2 Billion Ruin of Global Capital”
Oceanwide Plaza, shuttered mid-construction after its developer filed for bankruptcy, has stood vacant on prime Los Angeles real estate since 2019.
Energy Department Resumes Loan Program with Hydrogen Storage
The Energy Department's loan office, known for a bad loan to the solar panel startup Solyndra in 2011, will loan $504 million to a company that will use renewable energy to create 'green hydrogen' and store it in salt caverns in Utah.
PG&E Promises to Keep the Lights on After Declaring Chapter 11 Bankruptcy
Pacific Gas and Electric has declared Chapter 11 bankruptcy in the face of "actual and potential" liability.
California's Largest Utility Files Chapter 11 Bankruptcy
PG&E announced that it is filing for Chapter 11 bankruptcy, facing $30 billion in liability after two years of catastrophic wildfires in the state of California.
What's Behind the Removal of Public-Private Partnerships from Trump's Infrastructure Plan?
Partnering with the private sector carries risks. Witness the mess that followed the selection of a private firm to build an interstate in Indiana in 2014 that Vice President Mike Pence should have prevented in his prior position as governor.
Detroit Still a Long Way from Recovery
It's fun to write miracle comeback stories, but the epic of Detroit's resurgence has been exaggerated, according to an article in The Conversation.
Why the Sierra Club Owns a $2.2 Billion Coal Reserve
Through a series of legal maneuvers associated with a coal giant's bankruptcy, the Sierra Club made good on a conservation opportunity worth $2.2 billion and weighing 53 million tons.
San Francisco's Yellow Cab to File for Bankruptcy
San Francisco's largest cab company is planning to file for bankruptcy very soon. The competition from transportation network companies is forcing the company, and likely the industry, to completely restructure.
Lessons from Masterminds of Detroit's Rebirth
The enthusiasm of Detroit's new civic leadership, who engineered its bankruptcy and set up its recovery, is infectious. How the city will ultimately fare, and how other troubled cities learn from Detroit's mistakes, remains to be seen.
Bike-Share Operator Bixi Files for Bankruptcy
With debts in excess of $30 million owed to the city of Montreal, and unhappy customers in New York City and Chicago refusing to pay for outstanding bills, the Bixi bike-share company has been forced to file for bankruptcy protection.
Judge Allows Detroit Bankruptcy to Proceed
U.S. Bankruptcy Judge Steven Rhodes ruled today that the city of Detroit is eligible for bankruptcy protection, allowing the city to proceed with the largest municipal bankruptcy in U.S. history. Public employee unions are expected to appeal.
Detroit Bankruptcy Highlights Nation's Obsession With Diplomas
If you thought the bankruptcy in Detroit was caused by the disappearance of manufacturing jobs, well, you'd be wrong. Alan Mallach explains how our obsession with college degrees contributed to the downfall of a city.
A Deep Dive on Detroit's Path to Insolvency
The story of how Detroit became the largest US city to ever file for bankruptcy is a long and tangled one featuring many villains and several "if only" moments. The Detroit Free Press reviews 50+ years of financial history to set the record straight.
Detroit Default Ripples Through Municipal Bond Market
The Motor City is the not the only victim of the largest municipal bankruptcy in U.S. history. Local governments across Michigan are now encountering substantial obstacles to borrowing amid concerns about the security of municipal bonds.
Urban Revivals Give Hope to Detroit Emergency Manager
In an interview with The Wall Street Journal, emergency manager Kevyn Orr explains how his own experiences living in once-derelict, now-thriving cities leave him optimistic about Detroit's revival.
Improved Public Services a Beneficial By-Product of Detroit Bankruptcy
The addition of 50 new police cars, ramped up bus service, and long overdue streetlight repairs are all being planned as bankruptcy proceedings allow Detroit to increase funding for public services.
Do the Feds Have a Responsibility to Help Detroit?
The federal government has a role to play in the financial crises afflicting cities across America, and most notably of late, in Detroit. Should Washington also play a role in helping them to recover?
Pagination
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
Hunter College, City University of New York (CUNY)
The Architects Foundation
University of Cincinnati Online
City of Cambridge
Montrose County
The Pocatello Development Authority