Bankruptcy

Big Lots says it is having going-out-of-business sales as it seeks a new buyer

The national discount retailer says that a previously announced deal to sell itself to a private-equity group fell through.

The fight for Alex Jones’ Infowars company heats up as Jones sues to hold on

The Onion thought it had the last laugh when it was named the winning bidder after last week's bankruptcy auction. Now, Jones says that bid was "fake dollars" and wants a judge to disqualify it

Jefferson County released from sewer consent decree

A federal judge on Thursday released Jefferson County from a decades-long consent decree ordering rehabilitation of its sewer system. As part of the agreement, the county committed to completing several additional capital improvement projects by early 2027 that are planned and funded to further reduce sewer overflows.

Former Birmingham Mayor Larry Langford, 72, Dies

One of Birmingham’s most colorful and memorable mayors died Tuesday. Larry Langford, 72, died Tuesday evening at a Birmingham hospital.

John Archibald: Hoover Reverses Bus Decision

School officials in Hoover are trying to figure out what's next now that the district has reversed a decision to end bus service for most students next school year. The Hoover School Board made the change Monday after months of harsh criticism from some parents and residents. We hear more from Alabama Media Group columnist John Archibald.

Judge Approves Jefferson County’s Plan to Exit Bankruptcy

Federal bankruptcy judge Thomas Bennett has confirmed Jefferson County's bankruptcy plan, paving the way for the county to exit its $4.2 billion bankruptcy in December. Most of that debt was linked to corruption, mismanagement and bad deals around the county sewer system. Thursday's ruling ends two years under municipal bankruptcy, the second largest in U.S. history after Detroit's filing earlier this year. County leaders say the confirmation allows Jefferson County move past its fiscal turmoil.

John Archibald: An End to Jefferson County’s Bankruptcy

Jefferson County's municipal bankruptcy appears to be in its final days. County commissioners approved the sale of $1.7 billion in new sewer debt Wednesday. Meanwhile a federal bankruptcy judge began a hearing on the county's plan to exit bankruptcy. We talk about it with Alabama Media Group columnist John Archibald.

Not quite “Mission Accomplished” for Jefferson County bankruptcy

Jefferson County commissioners are out talking to investors, pushing a revised plan which would allow the county to exit bankruptcy by the end of the year. It's a major accomplishment given that rising interest rates made a previous plan unworkable. But Alabama Media Group columnist John Archibald says its too early to say "mission accomplished."

John Archibald: Chris McNair Released from Prison

As Birmingham prepares to mark the 50th anniversary of the 16th Street Baptist Church bombing, one unexpected observer of the commemoration is Chris McNair. His daughter was one of the four girls killed in the bombing. It's expected though because until last week McNair was in federal prison serving a sentence for corruption. AL.com and Birmingham News columnist John Archibald talks about McNair's release under a new Justice Department policy.

John Archibald: Coming Full Circle in Bankruptcy

As Jefferson County works toward leaving bankruptcy, the discussion around new sewer rates sounds rather familiar. We talk about coming full circle in the county's financial saga with AL.com and Birmingham News columnist John Archibald.

Kyle Whitmire: Tension grows in City Council

Kyle Whitmire with AL.com and The Birmingham News takes a look at the growing tensions in Birmingham's City Council, the surprising announcement of Edward Maddox's run for City Council, and thoughts on Jefferson County's bankruptcy exit plan.

John Archibald: Evaluating the Jefferson County’s Bankruptcy Deal

The latest chapter in the saga of Jefferson County's troubled finances appears to be on the way to a resolution. County commissioners approved a tentative deal Tuesday to end the county's $4.2 billion dollar bankruptcy, with an official plan to be filed by the end of the month. We talk about the agreement with The Birmingham News and AL.com's John Archibald.

Kyle Whitmire: Railroad Park Shooting

For those living in urban areas, it's sometimes possible to become callous or indifferent to the steady drip of crime. While murders in Birmingham are low by historic standards, a shooting this past Sunday in Railroad Park left a 15-year-old boy dead. That's bringing new attention to the issue. The Birmingham News' Kyle Whitmire talk about the community response.

Kyle Whitmire: A Big Week for Bankruptcy

This week is an important one for Jefferson County's efforts to exit bankruptcy. Two county commissioners spent time in New York meeting with hedge fund managers. On Wednesday a trail gets underway on creditors' request to lift a stay preventing legal action against the county. The Birmingham News' Kyle Whitmire explains the situation.

Kyle Whitmire: Inching out of Bankruptcy

A big question this year is whether Jefferson County will exit municipal bankruptcy. County commissioners spent a good deal of time this week working toward that effort in closed door meetings. We talk about it with The Birmingham News' Kyle Whitmire.

Kyle Whitmire: A New Year for Cooper Green

With the new year comes a new set up for Cooper Green Mercy Hospital. The Jefferson County-owned facility turned its emergency room into an urgent care center on January 1st. The hospital also closed inpatient care and laid off more than 200 people. We talk about it with The Birmingham News' Kyle Whitmire.

Jefferson County First Anniversary Bankruptcy Check-up

Friday is the first anniversary of Jefferson County filing the largest municipal bankruptcy in U.S. history. The $4.1 billion dollar filling last year, mostly debt on the county’s sewer system, attracted a lot of attention. But with the case now working through bankruptcy court, it’s fallen off the radar a bit. We have a check-up with Samford University law professor Michael Floyd.

Reaction to Jefferson County Bankruptcy

Jefferson County residents are trying to figure out what's next, now that county leaders have filed the largest municipal bankruptcy in U.S. history. The county's $4.1 billion filing is seen as closure by some. Others say the bankruptcy is an economic black eye for the entire state.

Open Meetings Law

Jefferson County Commissioners will meet tomorrow to determine their next move as the county struggles with more than three billion dollars of sewer debt. They could reach a settlement with creditors or file what would be the largest municipal bankruptcy in U.S. history. But they'll hold the meeting in executive session. That means meeting with lawyers, behind closed doors. And as WBHM's Andrew Yeager reports that has some questioning if they're violating Alabama's open meetings law.

The Future of the Jefferson County Commission

Next Tuesday, voters will whittle down a field of nearly 40 candidates running for Jefferson County Commission.