BRADENTON, Fla. — A financial advisory and restructuring firm representing investors in bankrupt Jefferson County, Ala.'s sewer warrants is suggesting how to restructure the debt and add new revenue to support the county's overleveraged sewer system.

GLC Advisors & Co. represents multiple sewer warrant holders who own more than $700 million of the defaulted debt, or 20% of the outstanding warrants, the firm said in a presentation to the county.

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