CHICAGO - The Minnesota Court of Appeals has agreed to hear an appeal related to a lawsuit filed by former holders of $124.5 million of outstanding Hennepin County revenue bonds that were redeemed before a 1996 optional call date.

The appeal, filed by attorneys for Hennepin County, challenges a Hennepin County District Court decision in October that said bondholders could take their case to court before presenting it to the county board, according to Bill Pentelovitch, an attorney for the county.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.