-
BRADENTON, Fla. — Attorneys for Larry Langford Tuesday filed a notice with the 11th U.S. Circuit Court of Appeals in Atlanta stating they intend to appeal his conviction.
March 10 -
ORLANDO, Fla. — Alabama federal Judge Scott Coogler Friday sentenced former Jefferson County Commission president Larry Langford to 15 years in federal prison for his role in a long-running play-to-play scheme centering around the county’s now-failed $3.2 billion of sewer warrants and swaps.
March 5 -
BRADENTON, Fla. — Federal prosecutors in Alabama Wednesday recommended that former Jefferson County Commission president Larry Langford be sentenced to a minimum of 24 years and four months and a maximum of 30 years and five months in prison.
March 3 -
BRADENTON, Fla. — A Jefferson County, Ala., circuit court judge Thursday ordered U.S. Bank to release $27.4 million so the county could make an arbitrage rebate payment on the 2004 fixed-rate school warrants that the county defaulted on earlier this month.
February 25 - Alabama
A long-planned project to expand the Birmingham-Jefferson Convention Complex with a domed stadium may be slowed once again because of the recession.
February 24 -
BRADENTON, Fla. — Former Montgomery, Ala., bond dealer William Blount and lobbyist Albert LaPierre are scheduled to be sentenced Friday in Alabama federal court after pleading guilty to pay-to-play charges related to Jefferson County’s troubled sewer debt.
February 22 -
Vestavia Hills City Council president David Carrington has announced he will run for a seat on the Jefferson County Commission that is opening this year.
February 17 -
WASHINGTON — The Securities and Exchange Commission is defending its antifraud authority over certain interest-rate swaps and urging a federal judge not to dismiss its suit against two former JPMorgan bankers for allegedly making more than $8 million in undisclosed payments to secure swaps for the firm with Jefferson County, Ala.
February 11 -
A regional business organization headquartered in Jefferson County is urging Alabama’s political leaders to solve the county’s sewer debt crisis.
February 3 -
BRADENTON, Fla. — Lawyers for ousted Birmingham, Ala., Mayor Larry Langford say the former Jefferson County commissioner who spearheaded the ill-fated refinancing of the county’s $3.2 billion of sewer debt will appeal his conviction on 60 federal charges.
January 22 -
BRADENTON, Fla. — Birmingham, Ala., welcomes new Mayor William Bell to office on Tuesday, which leaves a vacancy on the Jefferson County Commission as it continues to cope with $3.2 billion of troubled sewer debt.
January 21 -
BRADENTON, Fla. — Alabama federal judge Scott Coogler Tuesday denied former Birmingham Mayor Larry Langford’s motion for a new trial.
January 20 - Alabama
Jefferson County commissioner William Bell became mayor of Birmingham Tuesday with 54% of the vote, defeating lawyer Patrick Cooper.
January 20 -
A federal judge in Birmingham Monday delayed the sentencing of Montgomery bond dealer William Blount and Alabama lobbyist Albert LaPierre. Both men pleaded guilty last year to pay-to-play charges related to Jefferson County’s troubled sewer debt and were scheduled to be sentenced today.
January 6 -
BRADENTON, Fla. — Standard & Poor’s yesterday affirmed its A-minus rating, with a stable outlook, on the Prichard Waterworks and Sewer Board in Alabama.
January 4 - Alabama
Voters in Birmingham went to the polls on Tuesday to elect a new mayor but a crowded field of more than a dozen candidates on the ballot resulted in a runoff to be held Jan. 19 between Patrick Cooper, an attorney who led with 40% of the ballots cast, and Jefferson County commissioner William Bell, who took 25% of votes.
December 9 -
A federal judge has scheduled a hearing for Dec. 8 to consider a motion for relief sought by 50 retirees who are suing the city of Prichard, which filed for municipal bankruptcy in October.
November 18 -
BRADENTON, Fla. — Saying that Jefferson County, Ala.’s sewer debt crisis has gone on too long, a grassroots organization of business leaders is trying raise public support to press local politicians and the county’s creditors for a solution.
November 18 -
BRADENTON, Fla. — The Cullman County, Ala., Health Care Authority tomorrow plans to issue $75 million of fixed-rate revenue refunding bonds and pay a swap termination fee to restructure its debt portfolio.
November 17 -
BRADENTON, Fla. — Jefferson County, Ala. on Friday filed a lawsuit against JPMorgan, Blount Parrish & Co., Charles LeCroy, Douglas MacFaddin, Larry Langford, William Blount, and Albert LaPierre for their roles in the county’s $3.2 billion of troubled sewer refinancings and swaps
November 13