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JEFFCO pulls bankruptcy trigger
The county commissioners voted 4-1 to file for Chapter 9 bankruptcy. The estimated $4.2-billion filing became the largest municipal bankruptcy in US history, and will no doubt have a ripple effect felt across the state and beyond the borders of Alabama
Updated: 11/10/2011 12:00A
Jefferson County's bankruptcy spill-over to rest of state
Dotts says the latest bankruptcy announcement in Jefferson County calls into question their ability to deliver basic public services, investments in roads, bridges, and other projects. He says the direct impact of Jefferson County on the state and
Updated: 11/09/2011 11:54P
Kelley Drye & Warren | Los Angeles Dodgers' Chapter 11 Case: No Replay of
The Dodgers' bankruptcy reflected a desperate effort by McCourt to remain in control of the team despite his personal financial woes and the embarrassing allegations that emerged in the wake of his divorce from his wife (and co-owner).
Updated: 11/09/2011 11:52P
Burr & Forman LLP | Five Partners Named to 2011 Mid-South Super Lawyers
Burr & Forman LLP is proud to announce that Lawrence R. Ahern, III (Bankruptcy & Creditor/Debtor Rights) and Darlene T. Marsh (Bankruptcy & Creditor Debtor Rights) have been honored by Mid-South Super Lawyers. For the fourth year in a row,
Updated: 11/09/2011 11:52P
Grehans can't pay 300m each and blame NAMA for cheap sale of assets
This could include filing for bankruptcy in Britain, he said. The brothers, with addresses at Bateman's Row, Shoreditch, London, and Prince's Park Parade, Hayes, Middlesex, consented to the judgments being entered against them at the Commercial Court
Updated: 11/09/2011 11:45P
At debate, Cain offers spirited defense against sex-harassment allegations
In late 2008, Romney penned an editorial for The New York Times which carried the headline u201cLet Detroit go bankrupt.u201d Even though he argued for a structured bankruptcy u2014 much as the Obama administration adopted for General Motors and
Updated: 11/09/2011 11:42P
New Greece prime minister still unknown as bankruptcy looms
Greek politicians were poised to begin a fourth day of talks to name a new premier on Thursday as anger grew domestically and abroad with the debt-wracked country that is flirting dangerously with bankruptcy. Greece President Carolos Papoulias was due
Updated: 11/09/2011 11:38P
Jefferson County May Rekindle Whitney Concerns, Schroeder Says
10 (Bloomberg) -- The bankruptcy of Jefferson County, Alabama, may keep municipal yields that are already high relative to US Treasuries elevated as some investors flee tax- exempt debt, according to Michael Schroeder, president and chief investment
Updated: 11/09/2011 11:34P
SME general manager Gregori retires abruptly
(AP) — The general manager of Southern Montana Electric has abruptly retired as the Billings-based wholesale electric supplier reorganizes under Chapter 11 bankruptcy. The Billings Gazette (http://bit.ly/vzf76U ) reports Tim Gregori retired Tuesday and
Updated: 11/09/2011 11:31P
Residents react to Jefferson County bankruptcy vote
Residents talk about the bankruptcy vote in Jefferson County, and a law professor explains what it all means. (more) Jefferson County has a massive pile of sewer debt, and now the county commission filed for bankruptcy. Some county residents said it
Updated: 11/09/2011 11:31P