Southeast

BRADENTON, Fla. - Commissioners in Jefferson County, Ala., hired the California law firm Klee, Tuchin, Bogdanoff & Stern LLP as a consultant on strategies to resolve the county's financial crises.

BRADENTON, Fla. - The trustee for Lambuth University on Wednesday notified the bond market that the Jackson, Tenn.-based school filed for Chapter 11 bankruptcy three weeks ago.

DALLAS - The Louisiana State Bond Commission on Thursday approved the sale by the East Baton Rouge Sewerage Commission of $202.5 million of variable-rate revenue bonds.

WASHINGTON - The Metropolitan Washington Airports Authority board of directors did a turnaround on Wednesday and voted 11 to 1 to approve the construction of an above-ground station for the metrorail extension to Dulles International Airport.

WASHINGTON - An investor holding bonds wrapped with insurance from ACA Financial Guaranty Corp. has filed a lawsuit against the moribund insurer, which says it is no longer obligated to pay insurance claims related to the bonds following the issuer’s Chapter 9 restructuring agreement.

BRADENTON, Fla. - A new Florida agency created to fund statewide Property Assessed Clean Energy improvements filed a complaint to validate the issuance of up to $2 billion of municipal bonds.

A bill signed last week by Louisiana Gov. Bobby Jindal will complete the final $160 million of financing for two segments of Interstate 49 North that will connect Shreveport to the Arkansas line.

The Georgia Department of Transportation again selected HNTB Corp. as the prime consultant for the agency’s Innovative Program Delivery Technical Support Services initiative.

Chris Jones is the new chief financial officer for the Georgia Environmental Finance Authority. He take charge of the fiscal division, which oversees finance and accounting operations, manages loan underwriting, servicing and financial analysis, and provides program budget and administrative support.

U.S. Transportation Secretary Ray LaHood signed a full-funding agreement Monday for the first phase of the central Florida commuter train called SunRail.