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Print PDF Distress in the United States Public Finance Market?
Jon Kibbe, Brian Fraser, Charles Thompson IIJune 16, 2010
Recent commentary suggests growing unease about the possibility of default by issuers of state, municipal and instrumentality bonds. In this memorandum, Richards Kibbe & Orbe LLP attorneys Jon Kibbe, Brian S. Fraser and Chuck D. Thompson II describe the current concerns in the public finance debt market and explore basic issues to consider before investing in distressed public finance debt.