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On January 31, 2023, the Connecticut Appellate Court issued a decision affirming the Connecticut Superior Court’s decision granting summary judgment on behalf of the defendants. See Joseph M. Booth v. Park Terrace II Mutual Housing Limited Partnership et al., 217 Conn. App. 398 (2023) (AC 45094). The Appellate Court also affirmed the Superior Court’s decision to deny the plaintiff’s request to amend his complaint and motion to preclude expert testimony. Attorney Bausch argued the case before the ...

Background On December 23, 2022, Congress passed the Financial Data Transparency Act (the “Act”) as part of the Fiscal Year 2023 National Defense Authorization Act. The Act requires the Securities and Exchange Commission (the “SEC”) to create organizational standards for information reported by issuers and obligors on the Electronic Municipal Market Access website (“EMMA”). What Does This Mean for Municipal Issuers? Once the Act is implemented and the rules are finalized, the Act will alter ...

Firm Shareholder Richard Dighello was recently elected to serve as a member of the Board of Directors for the Community Foundation of Greater New Britain and the Friendship Service Center. The Community Foundation of Greater New Britain is a 501(c)(3) public charity and one of the oldest community foundations in the nation. It is one of the first community foundations in the country to comply with the National Standards for U.S. Community Foundations, and the only community foundation in Connec ...