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Expert Analysis

3 Lessons From Stockton's Bankruptcy

Law360, New York (December 18, 2015, 4:25 PM EST) -- On Friday, Dec. 11, the Ninth Circuit bankruptcy appellate panel (BAP) unanimously affirmed the order confirming the plan of adjustment of the city of Stockton. Earlier this year, Bankruptcy Judge Christopher Klein of Sacramento had confirmed the plan in an order and opinion published as In re City of Stockton, 526 B.R. 35 (Bkrtcy. E.D. Cal 2015)....

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