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Top News Links: Tuesday, Aug. 27

Bank of America case against FDIC dismissed

A Bank of America lawsuit against the FDIC, involving $1.7 billion in claims from the demise of a Florida mortgage firm that brought down Alabama's Colonial Bank, was dismissed in federal court this week because there are no assets to cover the claims. — Reuters

No evidence of fraud in BP settlement here, internal review says

An internal review of BP settlement claims handling, prompted by the oil company's protest that a Mobile worker was helping purported victims get settlements for a share of the money, showed no evidence of such fraud, the internal security chief says. — WWL-TV New Orleans

Jefferson bankruptcy attorney urges creditors to accept offer

Creditors need to accept the current terms of Jefferson County's proposed bankruptcy settlement or face the possibility of a lower return, the county's bankruptcy attorney warned this week. — Businessweek

Huntsville councilman questions Walmart study

A Huntsville city council and opponent of a proposed Walmart has raised questions over the impartiality traffic studies done for ALDOT but funded by Walmart. — Huntsville Times

Alabama's first legal distillery to make moonshine in Bullock County

High Ridge Spirits is opening Alabama's first legal distillery in Bullock County to make Stills Crossroads 'Shine. — Alabama Public Radio

Mobile County asks Corps to rethink oil pipeline permit

The Mobile County Commission is asking the U.S. Army Corps of Engineers to rescind a permit issued to Plains Southcap for an oil pipeline now slated to run close to Big Creek Lake, the city's primary drinking water supply. — Mobile Press-Register

Embassy Group member buys Hoover apartment complex

A subsidiary of Embassy Group LLC has purchased the 276-unit Madison at Shoal Run apartment complex in Hoover for  $18 million, the company's seventh apartment complex purchase in the region. — Birmingham Business Journal

Summit Technology makes Inc. fast-growing list fifth year in a row

Athens-based Summit Technology has made the Inc. list of fastest growing private companies for the fifth straight year, ranking at 4473;  five-year-old Patient Engagement Advisors, based in Birmingham, ranked highest of Alabama companies on the list at 258 with a 1,664 percent growth rate. — PR Newswire / Inc.com

Goat cheese film wins top honors

Becky Beamer has won top honors at the Birmingham Sidewalk Film Festival for her short documentary about the Belle Chèvre goat cheese company in Elkmont. — Birmingham News

Leeds offers incentives for bag plant

Leeds offered half the incentives requested by Limbaugh Partners, which makes various kinds of bags, to bring the business near their city; business owner Dennis Limbaugh is still considering the offer. — Birmingham News

Rainbow City offers tax break for development

Officials in Rainbow City have offered to cut taxes for a Florida developer in hopes of attracting a new shopping center. — Gadsden Times

LEED Gold for Children's of Alabama

Birmingham's new Children's of Alabama has achieve a LEED Gold certification recognizing energy efficiency. — Birmingham News

Texas energy company looks to find out who's checking on it

Texas-based Fusion Energy has filed legal documents to compel a private investigator to tell who hired her to research the company president's criminal record; in 2010 the Alabama Securities Commission issued orders preventing Fusion Energy from selling securities in Alabama because the firm was not registered with the SEC. — Courthouse News Service

Freshfully wins nod from Entrepreneur website

A website featuring entrepreneurial businesses is highlighting Avondale's Freshfully market. — Entrepreneur.com

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