BRADENTON, Fla. - After more than seven months of negotiations, Jefferson County's major bond insurers and the trustee for bondholders have filed a lawsuit asking a judge to appoint a receiver for the Alabama county's sewer system, which is saddled with $3.2 billion of troubled debt and $5.2 billion of swaps.

The move comes after the county used debt service reserves to make payments on its sewer debt, prompting another rating downgrade.

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