SACRAMENTO, Calif., March 25 (Reuters) - Lawyers for Stockton and its creditors kicked off a courtroom battle on Monday over whether the California city is eligible for bankruptcy protection to force ...

SACRAMENTO, Calif. (AP) – On its first official day in bankruptcy, the city of Stockton now must grapple with the hard part of reorganizing its financial affairs _ how to share the financial burden ...

Earlier this week, we heard that the City of Stockton was into mediation with creditors and public unions, but no agreement was reached in time to avoid bankruptcy. Last night, the City Council ...

FRESNO, Calif. (AP) – Stockton has filed for Chapter 9 protection, making it the largest American city ever to declare bankruptcy. City Manager Bob Deis said officials sought the status Thursday in ...

SAN FRANCISCO (Reuters) - Lawyers for Stockton, California will appear for the first time in a Sacramento court this week to make their case for protecting the city from its creditors in bankruptcy.