(AP) For the people of Stockton, a federal judge’s anticipated decision Monday on the city’s bankruptcy petition will affect their day-to-day lives for decades to come. But the Chapter 9 bankruptcy ...
SACRAMENTO, Calif. (AP) – On its first official day in bankruptcy, the city of Stockton now must grapple with the hard part of reorganizing its financial affairs _ how to share the financial burden ...
SACRAMENTO, Calif., March 25 (Reuters) - Lawyers for Stockton and its creditors began their court battle on Monday over whether the California city may have bankruptcy protection in a closely followed ...
SAN FRANCISCO (Reuters) - A costly mess, including court battles with employees and lenders that could stretch over years, is likely to await Stockton, California, if it cannot reach a last-minute ...
FRESNO, Calif. (AP) — Stockton has filed for Chapter 9 protection, making it the largest American city ever to declare bankruptcy. City Manager Bob Deis said officials sought the status Thursday in ...
SACRAMENTO, Calif. (AP) — Striking at the sanctity of public pensions in California, a federal judge ruled Wednesday that U.S. bankruptcy law allows the city of Stockton to treat pension fund ...
This week, the city of Stockton in California's Central Valley has been all over the news. (SOUNDBITE OF NEWS MONTAGE) SIEGEL: A federal judge this week decided to allow the city's bankruptcy go ...
At night, Stockton, Calif., becomes a ghost town. Streets lined with boarded-up buildings and rubbish-strewn parks are mostly empty except for drug dealers and their customers, says Dave Macedo, ...
SACRAMENTO, Calif. — A federal judge on Monday granted Stockton's reluctant, nearly year-old request to become the most populous city in U.S. history to go bankrupt, but not before lambasting bond ...
Tough decisions were made to get Stockton out of bankruptcy and into the solvency the city sees today. One of them was made in 2013 by voters to tax themselves through Measure A, and it has also ...
STOCKTON, Calif. — When Stockton becomes the largest U.S. city ever to file for bankruptcy, it will strike a hard blow to residents, especially city employees and retirees whose health benefits and ...