(AP) For the people of Stockton, a federal judge’s anticipated decision Monday on the city’s bankruptcy petition will affect their day-to-day lives for decades to come. But the Chapter 9 bankruptcy ...
Stockton, Calif., became the most populous U.S. city to enter bankruptcy proceedings when a judgeaccepted the city’s application for bankruptcy on Monday, saying it would not be able to provide basic ...
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 ...
SAN FRANCISCO (Reuters) - A costly mess, including court battles with employees and lenders that could stretch over years, is likely to await Stockton, California, if it cannot reach a last-minute ...
STOCKTON, Calif. — When Stockton becomes the largest U.S. city ever to file for bankruptcy, it will strike a hard blow to residents, especially city employees and retirees whose health benefits and ...
SACRAMENTO, Calif. — A federal judge on Monday granted Stockton's reluctant, nearly year-old request to become the most populous city in U.S. history to go bankrupt, but not before lambasting bond ...
At night, Stockton, Calif., becomes a ghost town. Streets lined with boarded-up buildings and rubbish-strewn parks are mostly empty except for drug dealers and their customers, says Dave Macedo, ...
SACRAMENTO, California (Reuters) - A verbal ruling on whether Stockton, California, is eligible for bankruptcy protection will likely come next Monday, a federal judge said on the third and final day ...
Tough decisions were made to get Stockton out of bankruptcy and into the solvency the city sees today. One of them was made in 2013 by voters to tax themselves through Measure A, and it has also ...
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 ...