Alabama

Moody's Investors Service dropped Alabama State University's bond ratings to Baa1 from A3 amid a forensic audit that began in 2012, and remains incomplete.

Jefferson County, Ala., Commission President David Carrington said he is working on a "tell all" book about the nation's second-largest municipal bankruptcy case.

Moody's Investors Service withdrew its Ca ratings on Jefferson County, Ala.'s sewer warrants as a result of the county's exit from bankruptcy.

Jefferson County's exit from Chapter 9 bankruptcy sparked interest in general obligation bondholder protections in Alabama, Moody's Investors Service said.

One of two appeals of Jefferson County, Ala.'s bankruptcy plan of adjustment will be dropped.

Two Alabama lawmakers' plan to co-sponsor bills altering the governance structure of the Birmingham Water Works Board is being opposed by local leaders.

Standard & Poor's lowered its ratings to A from A-plus on the Alabama Public Housing Finance Corp.'s 2003B bonds citing reduced federal funding.

Jefferson County, Ala., is out of municipal bankruptcy but appeals of the bankruptcy plan and criminal prosecutions will keep the county in the spotlight.

Nine days after downgrading them, Standard & Poor's upgraded six series of Jefferson County, Ala. limited obligation school warrants to investment-grade BBB from D.

When Standard & Poor's downgraded Jefferson County, Ala.'s school warrants to D, some people said the action was misleading and others were confused.

Jefferson County, Ala., must retain its bankruptcy attorneys because two groups have said they plan to pursue appeals of the county's confirmation order.

Jefferson County, Ala., says its bankruptcy adjustment plan was implemented at 1:20 p.m. eastern time Tuesday, though objectors filed notices of appeal.

Two groups of Jefferson County, Ala., sewer system customers appealed the county's Chapter 9 exit plan, and the county announced close of the sale of sewer warrants to pay creditors for the plan.

Jefferson County, Ala., is nearing the end of the nation's second-biggest municipal bankruptcy case as it prepares to close on the sale of $1.7 billion of new sewer warrants on Tuesday.

The Securities and Exchange Commission says its case against former JPMorgan bankers Charles LeCroy and Douglas MacFaddin should go to trial.

U.S. Bankruptcy Attorney Thomas Bennett issued a 79-page Friday confirming his verbal approval of Jefferson County, Ala.'s Chapter 9 exit plan.

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.

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.

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.