Legal Judgments Put Financial Pressure on Local Governments - Govern...
06/09/17
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Legal Judgments Put Financial Pressure on Local Governments
Governing
While municipal bankruptcies are generally rare—only 54 counties, cities, towns, and villages nationwide have filed for bankruptcy since 1980—it's not unusual for lawsuits to contribute to Chapter 9 filings. Of the 18 general purpose local government ...
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Governing
While municipal bankruptcies are generally rare—only 54 counties, cities, towns, and villages nationwide have filed for bankruptcy since 1980—it's not unusual for lawsuits to contribute to Chapter 9 filings. Of the 18 general purpose local government ...