by Ben Feder The battle in California municipal bankruptcies between bond investors and Calpers , the California public employee pension system, began in the Stockton Chapter 9 bankruptcy case and continues unabated in the bankruptcy case of San... Read More

RIVERSIDE, Calif. - (Mealey's) The City of San Bernardino, Calif., filed its much-anticipated petition for Chapter 9 bankruptcy in the evening of August 1 in the U.S. Bankruptcy Court for the Central District of California, citing more than $1... Read More

The last three major California cities to file for bankruptcy or announce plans to do so - including Stockton last month and San Bernardino two weeks ago - have something in common: They are all "charter cities." They have their own constitutions... Read More

SAN BERNARDINO, Calif. - (Mealey's) The San Bernardino City Council on July 18 voted 5-2 to declare a fiscal emergency, which allows it to file Chapter 9 bankruptcy without first negotiating with its creditors. City officials said they expect... Read More