Calif.'s Mammoth Lakes Exits Suit That Sent It Into Ch. 9

By Lisa Uhlman (August 22, 2012, 7:05 PM EDT) -- Mammoth Lakes, one of several California municipalities to file for Chapter 9 protection recently, said Wednesday that it had reached a settlement in the real estate dispute whose outcome, a $43 million judgment against the town, launched it into insolvency....

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