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Jefferson County Sewer Bondholders Seek to Halt Appeal

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Jefferson County, Ala., officials and municipal bondholders want to halt their dispute over how the county's sewer system should be managed during the county's bankruptcy case—a dispute that was scheduled to unfold before a panel of appeals judges but will die under a recent debt-cutting deal, Dow Jones Daily Bankruptcy Review reported today. Attorneys for Jefferson County and for bondholders that extended $3.6 billion to fix the county's sewer system said on Monday that they wanted to postpone July 24 arguments on the appeals dispute until next year, according to papers filed in the 11th U.S. Circuit Court of Appeals.