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Public Service Over Debt Service: The Implicit Lien Senior To Municipal Bondholder Rights
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Public Service Over Debt Service: The Implicit Lien Senior To Municipal Bondholder Rights
In a municipal bankruptcy, bondholders will often find themselves second to public policy.
Note from the editor
In a municipal bankruptcy, bondholders will often find themselves second to public policy.
Editors
Barnet Sherman
Barnet Sherman is the Director of Municipal Impact Credit Research at Neighborly Investments.
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