Chapman and Cutler’s second edition of "Municipalities in Distress? How States and Investors Deal with Local Government Financial Emergencies" serves as a comprehensive guide for best practices and rights and remedies available on a state-by-state and comparison basis. This book is a valuable resource for municipal debt marketplace participants, including state and local government officials, municipal credit analysts, credit enhancers, investors, legislators, and administrators. The expanded second edition serves as a comprehensive guide for best practices and rights and remedies available on a state-by-state and comparison basis. Given the global and U.S. attention to governmental distress in the last few years, over 150 new pages have been added to the second edition.