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Out-Of-Court Municipal Restructuring Will Rise, Experts Say

By Maria Chutchian (February 7, 2014, 5:04 PM EST) -- While Detroit's bankruptcy has caught the attention of financially strapped municipalities nationwide, experts said Friday that it's more likely that out-of-court restructurings are going to balloon, not Chapter 9 petitions, especially since there is so little case law on hot-button issues such as pension liabilities....

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