Stockton, Creditors Given Mammoth Lakes Judge As Mediator

Law360, New York (August 23, 2012, 10:15 PM EDT) -- A California bankruptcy judge on Thursday called on the Oregon judge who recently guided Mammoth Lakes, Calif., to a settlement of the suit that sent it into bankruptcy to mediate talks between the city of Stockton and its creditors, saying an eligibility trial could be months away.

U.S. Bankruptcy Judge Christopher M. Klein urged Stockton and its creditors to make serious efforts to resolve their issues through mediation with U.S. Bankruptcy Judge Elizabeth Perris — efforts Schiff Hardin LLP partner Karol Denniston said would be in...
To view the full article, register now.