Pension Fund: Bankruptcy Court Should Reconsider Ruling Against Direct Appeal

Pension Fund: Bankruptcy Court Should Reconsider Ruling Against Direct Appeal

RIVERSIDE, Calif. - The California Public Employees Retirement System (CalPERS) on Nov. 7 filed a brief in the U.S. Bankruptcy Court for the Central District of California, asking it to reconsider an oral ruling it issued denying CalPERS's direct appeal to the Ninth Circuit U.S. Court of Appeals regarding the City of San Bernardino's eligibility to file for Chapter 9 bankruptcy (In Re: City of San Bernardino, Calif., No. 12-28006, Chapter 9, C.D. Calif. Bkcy.).

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