SAN BERNARDINO - The city's decision to file for bankruptcy protection has reignited the debate about whether the city, as a potential cost-cutting measure, should dissolve its police and fire departments and contract with the county for those services.Special Section: San BernardinoNelson, Joe...
San Bernardino’s Bankruptcy Eligibility to be Decided at HearingHagen, Ryan
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San Bernardino, Calif., is eligible for bankruptcy protection, a federal judge said on Wednesday, in a "tentative ruling" ahead of full court arguments later in the day. Judge Meredith Jury of the U.S. Bankruptcy Court for the Central District of California, said the city of 210,000, loc...
The mass shooting inSan Bernardinois the cruelest blow yet for a city already brought low by economic calamity. In 2012, the cityfiled for bankruptcy, plunging a once prosperous community into a financial quagmire that led to deep cuts to essential services and employee benefits. At the time,...
in Bankruptcy Plan San Bernardino Plans Huge Reductions in Bankruptcy PlanSan Bernardino Plans Huge Reductions in Bankruptcy PlanHagen, Ryan
Just two years after San Bernardino left bankruptcy, one thing already seems clear: The “plan of adjustment” to cut the debt of the troubled city, which did not include pensions, is not working. A new city budget approved last month had a deficit of $11.2 million that was closed with ...
The article offers information on the issue of use of bankruptcy by San Bernardino, California to win a dispute with the state over dissolution of its redevelopment agency. It informs that state government shut down redevelopment agencies in 2012. It reports that Ana Matosantos of Department of ...
摘要: The article informs that Meredith Jury, U.S. Bankruptcy Judge rejected the second request of California Public Employees' Retirement System related to certification of a direct appeal to the U.S. Ninth Circuit Court of Appeals of San Bernardino eligibility to be in bankruptcy.年份: 2013 ...
s from Harvard and Stanford business school so all of them should know that lending to this city is not risky enough. Lending to the city would fail the securitized collateral mortgage test which put all of us in this mess in the first place. Discussion on ...