Judge: City Of San Bernardino Is Eligible For Bankruptcy, Objections 'Meritless'

Judge: City Of San Bernardino Is Eligible For Bankruptcy, Objections 'Meritless'

RIVERSIDE, Calif. - The federal bankruptcy judge presiding over the Chapter 9 proceeding of the City of San Bernardino, Calif., on Sept. 17 ruled that the city is eligible to file for bankruptcy and said the objections of the California Professional Employees Retirement System (CalPERS) were "meritless" (In Re: City of San Bernardino, Calif., No. 12-28006, Chapter 9, C.D. Calif. Bkcy.).

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