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Judge's JeffCo Ruling Credit Positive: Moody's

Moody's Investors Service said Monday that a recent ruling in Jefferson County, Ala.'s bankruptcy case is a credit positive because it will prevent revenues securing the county's $3.14 billion of defaulted sewer warrants from being further diluted.

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Comments (1)
Bond holders need to get paid before lawyers
Posted by Warren H | Monday, July 09 2012 at 3:48PM ET
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