News

San Bernardino, California, sets course for bankruptcy - NBCNews.com

07/19/12

The city will take about 30 days to make its filing for Chapter 9 protection, most likely in U.S. Bankruptcy Court in Riverside, California, said City Attorney James Penman. The city of about 210,000 people located 65 miles east of Los Angeles could become ...

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San Bernardino, California, sets course for bankruptcy - NBCNews.com

07/19/12

Major Market Indices The city will take about 30 days to make its filing for Chapter 9 protection, most likely in U.S. Bankruptcy Court in Riverside, California, said City Attorney James Penman. The city of about 210,000 people located 65 miles ...

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San Bernardino, California, sets course for bankruptcy - Reuters

07/19/12

The city will take about 30 days to make its filing for Chapter 9 protection, most likely in U.S. Bankruptcy Court in Riverside, California, said City Attorney James Penman. The city of about 210,000 people located 65 miles east of Los Angeles ...

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California’s San Bernardino Votes to Declare Bankruptcy - Bloomberg

07/19/12

She joined the majority in authorizing the court filing, which councilmen Chas Kelley and John Valdivia voted against. About $152 million of San Bernardino’s $223 million in long-term bonds “should be unimpaired” by a bankruptcy filing ...

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Ca. city's fiscal emergency vote speeds bankruptcy - Huffington Post

07/19/12

The debate over bankruptcy in San Bernardino has also raised questions ... Officials say the housing crisis – which walloped property and sales tax revenues – and the loss of state redevelopment funds took a toll on the city's budget.

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Ca. city's fiscal emergency vote speeds bankruptcy - AP - NBCNews.com

07/19/12

The debate over bankruptcy in San Bernardino has also raised questions ... Officials say the housing crisis — which walloped property and sales tax revenues — and the loss of state redevelopment funds took a toll on the city's budget.

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Ca. city's fiscal emergency vote speeds bankruptcy - YAHOO!

07/19/12

The debate over bankruptcy in San Bernardino has also raised questions ... Officials say the housing crisis — which walloped property and sales tax revenues — and the loss of state redevelopment funds took a toll on the city's budget.

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Compton on brink of bankruptcy - Los Angeles Times

07/18/12

The council did not vote on a proposal to file for bankruptcy Tuesday night and has not scheduled ... the city hired dozens of new workers and had to pay for expenses such as litigation and project cost overruns at the same time revenues were flagging ...

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San Bernardino, California to file for Chapter 9 bankruptcy - NBCNews.com

07/18/12

SAN BERNARDINO, California (Reuters) - San Bernardino's city council authorized a bankruptcy filing for the city on Wednesday after declaring a fiscal emergency to pave the way to file for Chapter 9 protection without first holding talks with its creditors.

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Years of Unraveling, Then Bankruptcy for a City - New York Times

07/18/12

This inland port on the San Joaquin River recently became the largest city in the country to declare bankruptcy, but evidence of its ... on the once-yellow fire hydrants faded to gray, in a case of stolen koi. “The police don’t respond ...

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