bankruptcy News
Judge to Rule on San Bernardino Bankruptcy, Pensions Loom
The city of San Bernardino is expected to learn on Wednesday if it is eligible for bankruptcy protection despite the opposition of California's powerful public pension system - an important test for ...Detroit Default, Restructuring Plan Break New Ground: Moody’s
Detroit's default and debt restructuring plan are precedent-setting in the U.S. municipal market, Moody's Investors Service said on Monday, because the city is looking to bondholders, as well as ...