Southeast

Georgia made the final bond payment of $25.6 million to Wells Fargo on Dec. 1 ending the tolls on the Georgia 400.

The Cobb County, Ga., Commission approved an agreement Nov. 26 to provide $300 million in public funding toward the Atlanta Braves new $672 million stadium and entertainment district.

Jefferson County, Ala., is nearing the end of the nation's second-biggest municipal bankruptcy case as it prepares to close on the sale of $1.7 billion of new sewer warrants on Tuesday.

The Securities and Exchange Commission says its case against former JPMorgan bankers Charles LeCroy and Douglas MacFaddin should go to trial.

Cobb County, Ga., is being asked to delay Tuesday's agreement to provide $300 million in public funds toward a $672 million stadium for the Atlanta Braves.

Moody's said Monday that a lawsuit filed to challenge Atlanta's two-year-old pension reform is a credit negative because of the uncertainty it creates.

The new position on political subdivisions that the Internal Revenue Service has taken in a bond-related tax dispute with a community development district in Florida has had a "chilling effect" on the issuance of such bonds and has hurt existing bond issues, bond lawyers are warning.

U.S. Bankruptcy Attorney Thomas Bennett issued a 79-page Friday confirming his verbal approval of Jefferson County, Ala.'s Chapter 9 exit plan.

Standard & Poor's upped Baton Rouge, La.'s sales tax revenue bonds to triple-A noting the city's role as an economic center and improving debt service coverage.

Two years after filing what was then the largest municipal bankruptcy in the country, Jefferson County, Ala., Thursday won approval of its plan to emerge from Chapter 9.