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JeffCo files Chapter 9 bankruptcy
The filing, which will total more than $4 billion, will be the largest municipal bankruptcy filing in US history, eclipsing the $1.7 billion filing by Orange County, Calif. But Klee said the form of that agreement changed Tuesday night and
Updated: 11/09/2011 07:53P
Fitch cuts Dynegy unit's rating to default status
NEW YORK - Fitch Ratings on Wednesday cut the issuer default rating for a unit of power company Dynegy Inc. to default status after the subsidiary filed for Chapter 11 bankruptcy protection. The firm downgraded the issuer default rating of Dynegy
Updated: 11/09/2011 07:42P
AL county files for largest municipal bankruptcy
AP Leaders of Alabama's most populous county have filed an estimated $4.1 billion bankruptcy, the largest for a municipality in US history. Soon after Jefferson County Commissioners on Wednesday voted to declare bankruptcy over sewer and other debt,
Updated: 11/09/2011 07:41P
Alabama county seeks to file biggest municipal bankruptcy
BIRMINGHAM, Ala (Reuters) - Legislators in Alabama's Jefferson County on Wednesday voted 4 to 1 to file for bankruptcy court protection in what would be the biggest municipal bankruptcy in US history. Despite a tentative deal
Updated: 11/09/2011 07:40P
Not a penny more to feed EU profligacy
By Daily Mail Comment As Italy follows Greece into bankruptcy, and the risible Silvio Berlusconi departs the stage, the day we dreaded is now upon us. For with the third largest economy in the eurozone unable to pay its debts, little short of a miracle
Updated: 11/09/2011 07:38P
General Growth posts improved results in 4Q
General Growth filed the largest real estate bankruptcy case in US history in 2009 under the burden of nearly $28 billion in debt. It exited bankruptcy with the aid of $6.8 billion in equity commitments from an investor group led by Brookfield Asset
Updated: 11/09/2011 07:37P
FOX5 Vegas - KVVUAL county files for largest municipal bankruptcy
(AP) - Leaders of Alabama's most populous county have filed an estimated $4.1 billion bankruptcy, the largest for a municipality in US history. Soon after Jefferson County Commissioners on Wednesday voted to declare bankruptcy over sewer and other debt
Updated: 11/09/2011 07:35P
Jefferson County commissioners vote to declare bankruptcy
The Jefferson County Commission has decided that the county will file chapter 9 bankruptcy over the county's $3-billion sewer debt, Alabama's 13's Paris Jackson reports. The commissioners voted 4 to 1 in favor of bankruptcy after the county's creditors
Updated: 11/09/2011 07:33P
Ala. County Seeks Largest US Municipal Bankruptcy
Law360, New York (November 09, 2011, 7:30 PM ET) -- The governing board of Jefferson County, Ala., grappling with $3.14 billion in sewer debt, voted Wednesday to file the largest municipal bankruptcy in US history after settlement
Updated: 11/09/2011 07:32P
Jefferson County, Alabama to file for largest municipal bankruptcy
NEW YORK (CNNMoney) -- Alabama's Jefferson County is set to file for the largest municipal bankruptcy in US history after commissioners failed to approve a settlement on the county's billions in debts. Plagued by budget woes, Jefferson County had
Updated: 11/09/2011 07:32P
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