BRADENTON, Fla. - Officials representing Jefferson County, Ala., resumed negotiations with creditors yesterday, as a Birmingham councilor suggested the city buy the county's troubled sewer system and public finance professionals met to discuss the implications should the county file for bankruptcy protection.

In the state capital, Montgomery, the Jefferson County Commission's recently hired law firm, Bradley, Arant, Rose & White LLP, met with the county's main creditors, including JPMorgan. Lawyers from King & Spalding LLP were on hand representing bond insurers Financial Guaranty Insurance Co. and Syncora Guarantee Inc. - formerly XL Capital Assurance Inc.

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