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Lehman Brothers Special Financing Inc. claims the trustee for Jefferson County, Ala.'s $3.2 billion of defaulted sewer warrants is improperly withholding its swap payments.
October 18 -
PortMiami's "Deep Dredge" harbor project will be mostly financed with bonds to ready the port for the Panama Canal expansion in early 2015. Miami-Dade County will pick up the federal costs to get the project done.
October 17 - West Virginia
The West Virginia Legislature is considering pension reform measures as a way of dealing with a $5.6 billion liability.
October 17 - Louisiana
The Louisiana State Bond Commission will consider options by the Louisiana Stadium and Exposition District to refinance $294 million of variable-rate debt and other obligations for the Superdome in New Orleans.
October 17 - Kentucky
Moody's Investors Service downgraded Perry County, Ky.'s general obligation bond rating to Baa2 from A3 noting dependence on volatile coal severance taxes.
October 17 -
A lawsuit was filed contending that public school districts in Georgia improperly used taxpayers' money to finance a campaign against a charter school ballot measure.
October 17 - Florida
The Miami City Commission is expected to consider refinancing a two-year, $45 million note that is near maturity using Wells Fargo Bank NA as underwriter. The note currently is held by Wells Fargo.
October 17 -
Spanish infrastructure investment giant Cintra will be the private partner on a more than $1 billion public-private partnership to develop the Route 460 Corridor project in southeastern Virginia, sources said.
October 17 -
Kentucky and Indiana agencies Tuesday are poised to approve the long-awaited master agreement for the financing and construction of the massive $2.6 billion Ohio River Bridges Project.
October 15 -
Metropolitan Atlanta Rapid Transit Authority administrator Beverly Scott will become the new general manager of the Massachusetts Bay Transportation Authority.
October 12

