Bankruptcy Judge Dismisses Mammoth Lakes, California, Chapter 9 Bankruptcy

Bankruptcy Judge Dismisses Mammoth Lakes, California, Chapter 9 Bankruptcy

SACRAMENTO, Calif. - The federal bankruptcy judge presiding over the Chapter 9 bankruptcy of the Town of Mammoth Lakes, Calif., on Nov. 16 dismissed the case after the town and a real estate developer resolved a dispute that had led to a $43 million court judgment against the town and was the cause of the bankruptcy in the first place (In Re: Town of Mammoth Lakes, Calif., No.12-32463, Chapter 9, E.D. Calif. Bkcy.). Subscribers may view the order available within the full article.

Find full version on lexis Advance®
Access this news story on lexis.com®