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City of San Bernardino, California
Case Number:
6:12-bk-28006
Court:
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October 25, 2012
San Bernardino Workers Say City Didn't Haggle With Creditors
An employees union for the City of San Bernardino, Calif., on Wednesday told a California bankruptcy court that the city can't restructure because it violated state law when it failed to negotiate with its creditors before filing for Chapter 9.
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October 17, 2012
Bankrupt San Bernardino Gears Up For CalPERS Face-Off
San Bernardino, Calif.'s bid to defer millions of dollars in payments to the California Public Employees' Retirement System is setting the stage for a major legal battle over whether obligations to the nation's largest public pension fund can be impaired in bankruptcy, and a ruling in the city's favor may encourage more municipalities to file for Chapter 9, experts say.
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October 17, 2012
SEC Opens Inquiry Into Bankrupt Calif. City
Government regulators have begun an informal inquiry into the securities sales practices of bankrupt San Bernardino, Calif., according to a Thursday letter to the city from the U.S. Securities and Exchange Commission.
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September 05, 2012
San Bernardino Approves Emergency Budget
Bankrupt San Bernardino, Calif.'s city council on Wednesday passed an emergency budget that cuts 30 percent of the city's expenses and aims to slice $16.4 million off this year's expected $45 million budget shortfall that sent the city into Chapter 9 protection.
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August 16, 2012
San Bernardino Firefighters Seek More Time For Ch. 9 Objection
Firefighters of the city of San Bernardino told a California federal bankruptcy judge on Wednesday that they need more time before deciding whether to object to the city's Aug. 1 bankruptcy filing, saying the city doesn't appear to be eligible to file for Chapter 9.
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