LexisNexis® Legal Newsroom
State Net Capitol Journal – November 25, 2013; Budget & Taxes: Alabama Bond Sale May Establish Bankruptcy Template

Budget & Taxes AL BOND SALE MAY ESTABLISH BANKRUPTCY TEMPLATE: Jefferson County, Alabama sold $1.8 billion in bonds this month. What's particularly noteworthy about that is the county has been in bankruptcy since November 2011, after defaulting on $3.1 billion in sewer-revenue debt. The bond...