Southeast

Jefferson County, Ala., can proceed with an appeal related to the county’s bankruptcy exit plan, the 11th Circuit Court of Appeals in Atlanta ruled Wednesday.

The Florida Hurricane Catastrophe Fund plans to finance a portion of its liquidity needs by issuing $1.2 billion in taxable municipal bonds.

Florida city and county officials worry local powers would be usurped by a bill giving a state agency authority to issue industrial development bonds without their permission.

Moody's Investors Service lowered its general obligation bond ratings for Clarendon Hospital District, S.C., to Baa2 because of its narrow cash position.

North Carolina residents would decide in a statewide referendum this October or November if they want the state to issue $3 billion in general obligation bonds, according to a bill filed April 16

Martin County, Fla., decided April 14 to hire Chicago-based McDermott, Will & Emery to institute litigation against the All Aboard Florida passenger train project.

Virginia terminated its ties with a toll-road developer after spending almost $300 million on the $1.4 billion project.

Legislation pending in Florida would allow municipal utilities to securitize charges on their customers' water and sewer bills to finance capital.

First Southern Securities LLC, the Alpharetta, Ga.-based boutique investment banking firm, added four new professionals as part of its expansion effort.

Florida’s Citizens Property Insurance Corp. expects to issue $1 billion in tax exempt notes in mid-May to provide liquidity for the upcoming hurricane season.