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IN RE JEFFERSON COUNTY, ALA.

No. 11-05736-TBB.

465 B.R. 243 (2012)

In re JEFFERSON COUNTY, ALABAMA, a political subdivision of the State of Alabama, Debtor.

United States Bankruptcy Court, N.D. Alabama, Southern Division.

January 6, 2012.

Attorney(s) appearing for the Case

Patrick Darby , Christopher L. Hawkins , James Blake Bailey , Jennifer Harris Henderson , Bradley Arant Boult Cummings LLP, Jay R. Bender , Birmingham, AL, Kenneth N. Klee , Robert J. Pfister , Klee, Tuchin, Bogdanoff & Stern LLP, David M. Stern , Los Angeles, CA, for Debtor.

MEMORANDUM OPINION

THOMAS B. BENNETT, Bankruptcy Judge.

I. Overview: The Parties, Positions Taken, Relief Requested, and Outcome

This Court is confronted by motions filed by The Bank of New York Mellon, as the Indenture Trustee for holders of warrants (Indenture Trustee) issued by Jefferson County, Alabama (hereinafter occasionally referenced as "the County"), and John S. Young, Jr. LLC, as Receiver of Jefferson...

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