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BRADENTON, Fla. - A newly appointed member of northwest Florida's Santa Rosa Bay Bridge Authority has filed a complaint with the Securities and Exchange Commission, citing what he calls trading irregularities in some of the agency's $116 million of defaulted bonds.
By Shelly SigoNovember 22 -
BRADENTON, Fla. - The federal judge assigned to Jefferson County, Ala.'s bankruptcy case Tuesday gave attorneys additional time to file briefs concerning how much control the receiver of the county's sewer system is entitled to retain.
By Shelly SigoNovember 22 -
BRADENTON, Fla. - The federal judge in Jefferson County's bankruptcy said Monday that he is inclined not to remove the Alabama state court-appointed receiver of the county's sewer system, though he is expected to decide whether to limit the receiver's rate-setting powers.
By Shelly SigoNovember 21 -
BRADENTON, Fla. - Federal bankruptcy Judge Thomas Bennett on Monday will hear the first major arguments in Jefferson County's massive bankruptcy case to determine if a receiver should remain in charge of the county's sewer system.
By Shelly SigoNovember 17 - Georgia
Gilt-edged Georgia in October experienced its 16th consecutive month of growth in tax collections.
By Shelly SigoNovember 16 -
The board overseeing the embattled Orlando-Orange County Expressway Authority on Monday accepted its executive director's resignation and reached an agreement with the Florida state government to build a long-planned beltway.
By Shelly SigoNovember 16 - Alabama
Birmingham is working on a plan to issue $75 million of general obligation bonds for various capital projects, according to the Birmingham News.
By Shelly SigoNovember 16 -
BRADENTON, Fla. - The first-ever statewide PACE program, which already has $2 billion of validated bonding capacity from a Florida court, is on an aggressive track toward implementation with the selection of nationally recognized financial advisors.
By Shelly SigoNovember 16 -
BRADENTON, Fla. - Assured Guaranty Ltd. said Tuesday that it will reconsider insuring the bonds of municipalities and states that don't have a process to review and approve local bankruptcy petitions, citing Alabama as a primary example.
By Shelly SigoNovember 15 -
Assured Guaranty Ltd. said during its earnings call Tuesday that it will reconsider insuring municipal bonds in states that do not have a framework in place to approve bankruptcy petitions, citing Jefferson County, Ala., and Harrisburg, Pa.
By Shelly SigoNovember 15 -
BRADENTON, Fla. - Since Jefferson County, Ala., filed the county's largest municipal bankruptcy in history last week, attention has largely focused on the county's $3.14 billion of nonrecourse sewer system debt.
By Shelly SigoNovember 14 -
BRADENTON, Fla. — Standard & Poor’s on Friday slashed the rating on Jefferson County’s sole investment-grade credit to junk in response to the government’s filing for bankruptcy.
By Shelly SigoNovember 14 -
The North Carolina Turnpike Authority expects to sell $220 million of state appropriation revenue bonds in a two-day sale this week.
By Shelly SigoNovember 11 - Georgia
BRADENTON, Fla. - The Atlanta Falcons hope to seek proposals by the end of the month from companies interested in designing a new open-air stadium for the National Football League team.
By Shelly SigoNovember 9 - Tennessee
A promised redemption of troubled bonds issued by the Clay County Gas Utility District did not happen. It wasn’t the first such disappointment.
By Shelly SigoNovember 9 - Georgia
The Atlanta Development Authority has hired Doug Ray as its new chief financial officer.
By Shelly SigoNovember 9 - Alabama
Birmingham is pressuring Jefferson County to pay more than $11 million the county owes the city in back taxes and other collections.
By Shelly SigoNovember 9 -
BRADENTON, Fla. - Jefferson County, Ala., commissioners Wednesday voted to file the largest municipal bankruptcy in U.S. history, saying they could not come to terms with creditors over restructuring $3.14 billion of defaulted sewer debt.
By Shelly SigoNovember 9 -
BRADENTON, Fla. - Jefferson County, Ala., commissioners met Tuesday behind closed doors with attorneys discussing whether to finalize a pending settlement with creditors or to file bankruptcy.
By Shelly SigoNovember 8 - California
BRADENTON, Fla. - Memphis-based Morgan Keegan & Co. has hired Rob Larkins as a managing director to head up the firm's new public finance office in San Francisco.
By Shelly SigoNovember 7

