Shelly Sigo

Jefferson County, Ala.'s bankruptcy plan will eliminate dozens of suits, restructure debt, and offer the sewer system "a fresh start," court documents said.

Bankrupt Jefferson County, Ala., began marketing efforts in earnest in advance of selling $1.74 billion of sewer system refunding warrants to finance its exit from Chapter 9.

Former JPMorgan bankers argue that bankrupt Jefferson County, Ala.'s swap transactions are outside the Securities and Exchange Commission’s purview.

A North Carolina judge has bounced the governance dispute over Charlotte Douglas International Airport back to the Federal Aviation Administration.

Florida Attorney General Pam Bondi settled foreign currency transaction charges and securities lending issues with Bank of New York Mellon for $28 million.

Jefferson County, Ala., plans to sell $1.7 billion of refunding sewer warrants before it exits Chapter 9 bankruptcy, according to County Commission President David Carrington.

The IRS completed an examination into $153 million of bonds issued by Miami in 2007 without a change in tax exempt status.

Kentucky's Louisville & Jefferson County Metropolitan Sewer District plans to sell $326 million of bonds and notes Wednesday, backed by Moody's new positive outlook.

Bankrupt Jefferson County, Ala., reached a deal with major creditors to accept bigger haircuts and allow a modified plan of finance for the county to emerge from Chapter 9 this year.

Orlando, Fla., is planning to sell as much as $304.5 million early next year, part of which will provide partial funding for a Major League Soccer-ready stadium.

The new Atlanta Falcons football stadium will cost $1.2 billion, an increase of $200 million from previous estimates, the state agency overseeing the project has learned.

Fitch downgraded the rating of Florida's Citrus Memorial Hospital to B-minus from B after the embattled hospital paid off some bank bonds early.

A federal permit improperly allows the Alabama Department of Transportation to begin work on the $5.4 billion “Northern Beltline” project, according to a federal lawsuit.

Jefferson County, Ala., said additional negotiations will be necessary with major creditors of the county’s debt-laden sewer system.

Georgia officials hailed the U.S. House’s passage of the Water Resources Reform and Development Act because it will further efforts to deepen the Savannah Harbor.

Tampa Bay Water, a regional supplier on Florida's mid-west coast, will pay more than $20.6 million to the engineering firm it sued over alleged design flaws in a reservoir.

BioNitrogen Holdings plans to build seven bond-financed plants using a proprietary biomass conversion process to make fertilizer in Louisiana and Florida.

Early voting is under way in Miami-Dade County where voters are being asked to approve $830 million in general obligation bonds for the public Jackson Health System.

The restructuring plan proposed by bankrupt Jefferson County, Ala., is novel in public finance, and other defaulted issuers are using it, according to Moody's.

Moody's lowered the rating of Alabama State University to A3 from A2, and said the rating could drop further when the final results of a forensic audit are known.