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New Legal Chief of Bankrupt Alabama County Steps Aside

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Mike Bolin, the Alabama Supreme Court justice chosen last week to help steer the state's Jefferson County through the biggest municipal bankruptcy in U.S. history, stepped down yesterday after apparently deciding he was not a good match for the job, Reuters reported yesterday. Bolin was seen as a logical selection for the post since he is well versed in the legal history of the county's sewer system, which is at the heart of the $4.27 billion chapter 9 bankruptcy filed by Jefferson County in November 2011. A probate judge for Jefferson County for 16 years, Bolin was confirmed just last Thursday to succeed Jeff Sewell, who took involuntary retirement on April 12.