Collier on Bankruptcy was cited
in this recent decision:
Collier on Bankruptcy sections cited
(accessible by lexis.com subscribers):
2 Collier on Bankruptcy ¶ 109.04
6 Collier on Bankruptcy ¶ 921.04
Lexis.com subscribers can
view the enhanced version of In re City of Stockton.
LexisNexis Overview: Municipality
was eligible for chapter 9 bankruptcy relief under 11 U.S.C.S. § 109(c) [an annotated version of this statute is available to lexis.com
subscribers] since the municipality did not lack good faith in failing to
negotiate with capital market creditors which refused to negotiate, the
municipality was insolvent and unable to pay its debts, and the municipality
proposed a plan to adjust its debts in good faith.
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