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Bank of N.Y. Mellon v. Jefferson County (In re Jefferson County)

Bank of N.Y. Mellon v. Jefferson County (In re Jefferson County)

Ruling
County ordered to remit revenue from sewer system to receiver except for amount necessary for actual operations.
Procedural posture

Plaintiff banks and insurance companies filed an adversary proceeding against defendant Jefferson County, Alabama, seeking a judgment declaring that the County was not allowed to withhold payments of money it claimed it needed to operate a sewer system. The case was tried to the court.

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Commercial opinion summary, case decided on June 29, 2012 , LexisNexis #0912-133