Posts Tagged ‘Chapter 9’Bankruptcy judge rejects CalPERS’ claim to protected statusWednesday, April 3rd, 2013 April 3, 2013 By Chris Reed As John Seiler pointed out here Tuesday, Monday's court ruling by U.S. Bankruptcy Judge Christopher Klein isn't seen as definitive. Yes, the city of Stockton can proceed with its bankruptcy filing. No, Klein doesn't yet agree with the city's plan to only short bond... Stockton bankruptcy judge’s pedigree, history offer hopeWednesday, March 27th, 2013 March 27, 2013 By Chris Reed The stakes are immense in the four-day trial in Sacramento's federal bankruptcy court this week. The New York Times frames the issue well: "Wall Street is taking America’s biggest pension fund to court this week, for a long-awaited battle over who takes the loss... Bankruptcy series: The Road AheadWednesday, November 14th, 2012Editor’s Note: This is the 11th in a CalWatchDog.com Special Series of in-depth articles on municipal bankruptcy. Nov. 14, 2012 By Chriss Street Up through September 2011, Wall Street underwriters, bond counsels and other assorted securities industry camp followers were gloating over th... |