12/17/2012 05:23:07 PM EST
CalPERS Slams San Bernardino Over 'Sham' Pendency Plan
Posted by
Law360: Employment
The city of San Bernardino, Calif., should be declared ineligible for bankruptcy relief, the California Public Employees' Retirement System said in court papers Friday, calling the city's pendency plan a “sham” that confirms its bankruptcy petition was not filed in good faith.
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