Shelly Sigo

An Alabama federal judge entered judgments approving settlements in the Securities and Exchange Commission’s cases against former JPMorgan bankers Douglas MacFaddin and Charles LeCroy, who were accused of wrongdoing in the Jefferson County, Ala. sewer financings.

U.S. Bankruptcy Judge Alan C. Stout will decide after hearings on Dec. 9 and 10 whether Hillview, Ky., is eligible to proceed with its bankruptcy petition.

Two former JPMorgan bankers have agreed not to violate securities laws and to repay money they made while working on transactions involving Jefferson County, Ala., Securities and Exchange Commission documents said Tuesday.

Louisville Water Co., Ky., plans to competitively price $127 million of new money revenue bonds Wednesday to finance capital needs.

In just six months, the new Municipal Finance Group at Bonwick Capital Partners LLC has been selected as senior manager on five transactions totaling more than $150 million.

Louisiana legislators approved a $500 million budget deficit reduction plan by the Jindal administration, though some complained it does not address the state’s structural imbalance.

Kentucky Gov.-elect Matt Bevin appointed public finance attorney Scott Brinkman as secretary of the Executive Cabinet.

Jefferson County, Ala.,’s 2013 sewer system debt remains at junk levels even though the county’s post-bankruptcy plan is working as intended so far, Fitch said while affirming its double-B ratings.

Tennessee said a recent general obligation offering was oversubscribed more than five times helping to generate some of the lowest interest rates in its history.

After amassing nearly $2 billion in unused bonding authority from Louisiana and Florida the past few years, BioNitrogen Holdings Corp. filed for Chapter 11 bankruptcy on Nov. 3.

Newly minted gilt-edged Union County, N.C., plans to make rare appearances in the bond market this week and in December offering investors high-grade paper options.

Florida Gov. Rick Scott plans to offer businesses nearly a $1 billion in tax cuts if the Legislature agrees with his proposed budget to be released next month.

Virginia Gov. Terry McAuliffe plans to ask lawmakers for approval to issue up to $3.5 billion of bonds for capital needs, including transportation projects.

A second environmental group is suing Florida over spending decisions related to a 2014 constitutional amendment earmarking funds for conservation purposes.

Raymond James has hired 25-year investment banking veteran Reuben McDaniel as a managing director in the firm's New York office.

Kentucky’s expanding economy and solid fiscal results are positive credit factors, yet large pension liabilities and rising debt are headwinds, said Moody's Investors Service.

Palm Beach County, Fla. is selling bonds for its second two-team ballpark in an effort to rejuvenate Major League Baseball spring training on the state’s east coast.

On the eve of pricing $1.75 billion of bonds for a privately owned intercity passenger train system, its Florida developers introduced Brightline as the name of the new service.

Tennessee’s cash-funded transportation system fails to keep pace with billions in backlogged needs, and residents must decide how to tackle the problem, Gov. Bill Haslam said Monday.

Raymond James continues its expansion in California with the recent hiring of veteran education banker Charlie Feinstein in San Francisco.