June 2013 Group Watch: Jefferson County Bankruptcy Deal
Jefferson County officials reached a deal to settle its bankruptcy. The county finance committee approved a deal 4-1, which was later ratified by the full commission. The deal, which must still be approved by judges and creditors, would bring an end to the largest government bankruptcy in U.S. history. The county’s lead attorney in the matter said the deal would bring to halt litigation between the county and its creditors and peace to county residents.
