Bankruptcy
Sep. 7, 2013
California municipal bankruptcies pave the way for other states
In a legal world often governed by precedent, bankruptcy judges overseeing Chapter 9 cases have a tough task.
Daily Journal Staff Writer
In a legal world often governed by precedent, bankruptcy judges overseeing Chapter 9 cases face a tough task. So few municipalities have gotten to the desperate point of no longer being able to pay their bills that hundreds of the issues involved have never been given much scrutiny.
But in the wake of a deep recession that left a handful of cities across the country unable to recover without trying...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In