Macdonald | Fernandez LLP


221 Sansome Street
San Francisco, CA 94104
Telephone: (415) 362-0449
Facsimile: (415) 394-5544
914 Thirteenth Street
Modesto, CA 95354
Telephone: (209)549-7949
Facsimile: (209) 236-0172

Jefferson County Bondholders May Face Losses

Jefferson County, Alabama, announced yesterday that it will file a chapter 9 reprganization plan by late June, 2013, to exit bankruptcy. Jefferson County may become the first large local government since the 1930's to impose losses upon its bondholders. Read more here.