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Alabama Gov. Bob Riley signed an executive order last week capping compensation for lawyers representing the state just hours before Attorney General Troy King filed two lawsuits against BP PLC and other companies for negligence in the Gulf oil disaster.
By Shelly SigoAugust 18 -
Atlanta-based Jackson Securities LLC named W. Bruce Gow president and interim chief executive officer.
By Shelly SigoAugust 17 -
Atlanta-based Jackson Securities LLC president and chief executive officer Reuben McDaniel 3d announced his resignation Monday.
By Shelly SigoAugust 16 -
BRADENTON, Fla. — The Kentucky Asset/Liability Commission on Wednesday expects to price $468 million of taxable notes to refinance obligations the state owes to the Teachers’ Retirement System for medical benefits.
By Shelly SigoAugust 13 -
BRADENTON, Fla. — Alabama Attorney General Troy King late Thursday filed lawsuits against BP PLC and BP America Inc. as well as drilling contractor Transocean Ltd. and related companies for their roles in the catastrophic oil spill in the Gulf of Mexico.
By Shelly SigoAugust 13 -
BRADENTON, Fla. — The South Florida Water Management District unanimously approved a plan Thursday to pay nearly $200 million in cash, instead of using bond financing, to purchase U.S. Sugar Corp. land for Everglades restoration projects.
By Shelly SigoAugust 12 -
BRADENTON, Fla. — Former Birmingham Mayor and Jefferson County commissioner Larry Langford said Wednesday that his conviction should be reversed, mail fraud counts against him dismissed due to insufficient evidence, and he should be given a new trial.
By Shelly SigoAugust 12 - Tennessee
BRADENTON, Fla. — Tennessee is moving toward implementing comprehensive debt-management practices to be used by the state and its agencies, local governments, and other authorities that issue debt.
By Shelly SigoAugust 11 -
The Georgia Department of Transportation announced Monday that it has applied for $34 million in federal funding to accelerate development of high-speed rail service between Atlanta and Chattanooga, Tenn., with additional links eventually being added to Nashville and Louisville, Ky.
By Shelly SigoAugust 11 -
A Miami-Dade County grand jury last week released a report on Jackson Health System, describing its financial problems as “a colossal mess.” No formal charges were brought by the panel.
By Shelly SigoAugust 11 - Alabama
Under the guidance of its new finance director, Birmingham is poised to enter the bond market for what may be the first competitive offering in city history.
By Shelly SigoAugust 11 -
BRADENTON, Fla. — Florida is on a fast track to complete the first high-speed rail project in the U.S. with a new application for $1.12 billion in funding from the Federal Railroad Administration’s service development program.
By Shelly SigoAugust 10 - Florida
BRADENTON, Fla. — The South Florida Water Management District will consider a plan on Thursday to pay cash, instead of using debt, for a scaled-down version of the U.S. Sugar Corp. land purchase for Everglades restoration.
By Shelly SigoAugust 6 -
BRADENTON, Fla. — Environmental sustainability. That was the main factor driving the California-based nonprofit RSF Social Finance to invest through its customized fixed-income portfolio in a municipal bond deal from the Florida Department of Environmental Protection in March.
By Shelly SigoAugust 4 - Tennessee
The Tennessee State School Bond Authority has approved $212 million in construction loans for 15 school districts.
By Shelly SigoAugust 4 - Mississippi
The Oxford School District in northern Mississippi will ask voters to approve a $30 million general obligation bond issue in a referendum Oct. 26.
By Shelly SigoAugust 4 - Florida
Florida last week was among 19 finalists competing for more than $3 billion in the second round of federal education funding in the Race to the Top program. Other finalists from the Southeast region are Georgia, Kentucky, Louisiana, North Carolina, and South Carolina.
By Shelly SigoAugust 4 -
BRADENTON, Fla. — The Miami-Dade County Expressway Authority, after a four-year hiatus, is back in the bond market this week with $345 million of toll-revenue bonds.
By Shelly SigoAugust 2 -
BRADENTON, Fla. — Former Jefferson County commissioner Gary White has become the latest of nearly two dozen people and companies in Alabama convicted for corruption involving the county’s debt-clogged sewer system.
By Shelly SigoJuly 30 -
BRADENTON, Fla. — Birmingham, Ala.-based Regions Financial Corp. has hired Cristina Rhodebeck as vice president and senior relationship manager in its Columbia, S.C., corporate trust office.
By Shelly SigoJuly 29
