Shelly Sigo

Two years after filing what was then the largest municipal bankruptcy in the country, Jefferson County, Ala., Thursday won approval of its plan to emerge from Chapter 9.

After successful pricing of $1.8 billion in sewer debt, a hearing on Jefferson County, Ala.'s bankruptcy plan could lead the county out of Chapter 9 this week.

Florida-based Community Capital's portfolio manager Julie Egan and chief investment officer Barbara VanScoy will take new positions with industry groups January.

Running up against a deadline that could bring federal fines, Miami-Dade County commissioners demanded to know why their massive sewer plan isn't farther along.

Bankrupt Jefferson County, Ala., sold $1.8 billion of new sewer warrants following a three-day pricing, County Commission President David Carrington said Tuesday night.

Fitch Ratings affirmed ratings on Miami's bond issues citing improved finances but said there is fiscal uncertainty due to legal challenges.

An agreement to finance a $672 million baseball stadium for the Atlanta Braves is expected to be considered by Cobb County, Ga., commissioners on Nov. 26.

There is no legal basis for the judge overseeing Jefferson County, Ala.'s bankruptcy case to reject the opinions of expert witness James White, argue opponents of the county's plan to exit Chapter 9.

Louisville, Ky.'s KFC Yum! Center bonds dropped farther into junk territory when Moody's Investors Service downgraded the senior lien bonds to Ba3 from Ba2.

Georgia competitively priced $173 million of general obligation bonds Nov. 13 with a blended true interest cost of 3.16%.

As Jefferson County, Ala., began to sell sewer warrants on Friday, analysts said they remained concerned about the rate increases needed to repay the debt.

Bankrupt Jefferson County, Ala.'s former financial advisor James White revealed "privileged" information and violated his fiduciary duties, attorneys for the county claim.

Bankrupt Jefferson County, Ala.'s $1.7 billion of new sewer warrants should be rated in the speculative grade B category, Moody's Investors Service said in a special comment.

Pro baseball teams in the Southeast are scoring new ball parks with mixed-use entertainment districts to enhance the fan experience in and outside of the game.

Georgia Gov. Nathan Deal said net tax collections for October totaled $1.46 billion, an increase of 5.9% percent compared to October 2012.

Fitch assigned preliminary non-investment grade ratings to bankrupt Jefferson County, Ala.'s upcoming $1.7 billion sewer warrant sale.

Fitch expects to assign a BBB-minus rating to bankrupt Jefferson County, Ala.'s upcoming sale of $105 million in GO warrants.

Decatur County, Ga.'s general obligation debt has been downgraded to A-minus from A-plus by Standard & Poor's.

Ocala in north-central Florida is pursuing "Project Homerun," the city's plan to steal the New York Yankees' Class A Minor League Team from Tampa.

Florida-based Bryant Miller Olive PA hired three new attorneys to expand the firm's public finance practice.