SIFMA submitted an Amicus “Friend of the Court” Brief.
Court:
U.S. Bankruptcy Court
(Northern District Alabama)
Amicus Issue:
Whether a state-appointed receiver should remain in charge of the county’s sewer system and the revenues therefrom, consistent with revenue bond market and investor expectations and Congressional intent, or whether control should be shifted to the county.
Counsel of Record:
SIFMA
Other Amici:
None
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