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Ch. 9 Is Not Ala. County's Ace In The Hole

By Samuel Howard (November 10, 2011, 9:15 PM EST) -- Jefferson County, Ala.'s $4 billion Chapter 9 filing punctuates years of wrangling with bondholders, but the perks of bankruptcy protection do not necessarily mean that the county will nail down better terms, attorneys told Law360....

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