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9th Circ. Ends $31M Challenge To Stockton's Ch. 9 Plan

By Cara Salvatore (December 14, 2015, 9:25 PM EST) -- Franklin Templeton Investments Inc. lost its bid to upset the bankruptcy plan of Stockton, California, on Monday when the Ninth Circuit bankruptcy panel refused to "devastate" city residents by dismantling and re-scrutinizing a plan that virtually ignored Franklin's $30.5 million unsecured claim....

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