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Woodall Quoted on Businessweek.com
November 17, 2011

WoodallPaul O. Woodall, Jr., a partner in the firm’s Business & Commercial Transactions Practice Group, was quoted in the November 10, 2011, online edition of Businessweek.com. The article titled, "Alabama City 'Lucky' to Sell Bonds Before Jefferson County Bankruptcy," discussed how the city of Leeds was fortunate to have sold roughly $9 million dollars of tax-exempt general-obligation bonds the day before Jefferson County, Alabama, filed for bankruptcy. Standard & Poor’s rated Leeds' debt A+, with a stable outlook. "The [financial] market had already considered Jefferson County’s financial distress when pricing Leeds’ bonds," said Woodall.