IN RE JEFFERSON COUNTY, ALA.

No. 11-05736-TBB. AP No.: 12-0016-TBB.

503 B.R. 849 (2013)

In re JEFFERSON COUNTY, ALABAMA, a political subdivision of the State of Alabama, Debtor. The Bank of New York Mellon, as Indenture Trustee, et al., Plaintiffs, v. Jefferson County, Alabama, Defendant.

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

July 3, 2013.


Attorney(s) appearing for the Case

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

Richard Patrick Carmody, Birmingham, AL, Eric Kay, Susheel Kirpalani, Robert Loigman, Katherine Scherling, Xochitl Strohbehn, New York, NY, for Plaintiff Syncora Guarantee Inc.

Michael Robert Paslay, Larry Brittain Childs, Ryan K. Cochran, Heath A. Fite, David E. Lemke, Waller Lansden Dortch & Davis, LLP, Brian Malcom, Birmingham, AL, Thomas C. Mitchell, San Francisco, CA, for Plaintiff The Bank of New York Mellon, as Indenture Trustee c/o Waller Lansden Dortch & Davis, LLP.

David L. Eades, Daniel G. Clodfelter, David S. Walls, Charlotte, NC, Joe A. Joseph, Burr & Forman LLP, Birmingham, AL, for Plaintiff Bank of America NA.

H. Slayton Dabney, Dabney, PLLC, Richmond, VA, Tristan Manthey, Tristan Manthey, New Orleans, LA, Cherie D. Nobles, Cherie D. Nobles, New Orleans, LA, William H Patrick, III, William H. Patrick, III, New Orleans, LA, Robert K. Spotswood, Emily Joy Tidmore, Spotswood Sansom & Sansbury LLC, Birmingham, AL, for Plaintiff Financial Guaranty Insurance Company.

Steven M. Fuhrman, Elisha D. Graff, Thomas C. Rice, William Russell, Jr., Simpson Thacher & Bartlett LLP, New York, NY, Clark R. Hammond, Johnston, Barton, Proctor & Rose, LLP, Birmingham, AL, for Plaintiff JPMorgan Chase Bank, N.A.

Matthew C. Hurley, William W. Kannel, Adrienne K. Walker, Mintz, Levin, et al., Boston, MA, for Plaintiff State Street Bank and Trust Company.

Samuel S. Kohn, Chadbourne & Parke LLP, New York, NY, Sarah L. Trum, Winston & Strawn LLP, Houston, TX, for Plaintiff Guaranty Municipal Corp.

Stephen B. Porterfield, Sirote & Permutt, Birmingham, AL, for Plaintiffs State Street Bank and Trust Company, Societe Generale, New York Branch, The Bank of New York Mellon, The Bank of Nova Scotia, Lloyds TSB Bank PLC.

Jack Rose, New York, NY, Societe Generale, New York Branch.

James Spiotto, Chicago, IL, for Plaintiff The Bank of Nova Scotia.


Memorandum Opinion on Professional Fees and Expenses, the Indenture's Operating Expenses, and 11 U.S.C. § 928(b)'s "Necessary Operating Expenses"

THOMAS B. BENNETT, Chief Judge.

I. Words, Phrases, And Meanings Be They Plain or Not

Some of what the law is about is words and their usage. From the view of one version of objectivity, language is objective in the sense that it allows people to agree across areas...

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