Judge sides with state, Walker in PFD lawsuit

A small group of protestors stands outside the Nesbitt Courthouse Thursday morning.Bonney Bowman / KTVA Asst. Attorney General Margaret Patton-Walsh presents the state's case in court Thursday. Bonney Bowman / KTVA
The Latest on a lawsuit over the dividend from Alaska’s oil-wealth fund (all times local):
10:50 a.m.
Anchorage Superior Court Judge William Morse sided with the state following nearly two hours of arguments Thursday, agreeing that Gov. Walker had the authority to reduce the Pe