San Bernardino Seeks Bankruptcy Protection

San Bernardino, facing the possibility of missing payroll, becomes California's third city in weeks to authorize a bankruptcy filing.San Bernardino on Tuesday became the third California city in less than a month to seek bankruptcy protection, with officials saying the financial situation had become so dire that it could not cover payroll through the summer.

BING NEWS:
  • San Bernardino’s Bankruptcy Plan Seeks Bondholders Cuts
    The bankrupt southern California city of San Bernardino is looking to exit court protection with a plan that pays some bondholders a penny on the dollar but maintains pension benefits for retired city workers. Read the Daily Bankruptcy Review article here.
    05/18/2015 - 3:56 am | View Link
  • CalPERS Again Seeks Appeal Of San Bernardino's Ch. 9 Status
    Law360, Los Angeles (November 8, 2013, 7:12 PM ET) -- California's state pension system on Thursday again urged a California bankruptcy judge to certify its appeal to the Ninth Circuit of an order allowing the city of San Bernardino to move forward with ...
    11/8/2013 - 11:16 am | View Link
  • San Bernardino seeks residents’ input on bankruptcy
    SAN BERNARDINO >> City officials have begun work on a long-term plan to move the city through bankruptcy, but today they’re looking for a critical piece. They want you. Beginning at 6 p.m., the City Council will ask residents and other members of the ...
    09/22/2013 - 4:05 pm | View Link
  • San Bernardino Seeks Judgment from Court Over Bankruptcy Eligibility
    The most basic question of San Bernardino’s bankruptcy remains unsettled: are they eligible. After millions of dollars in legal fees and months of court action, the City seems to be losing its patience and has asked the judge to finally settle the first ...
    07/9/2013 - 9:00 pm | View Link
  • SAN BERNARDINO: City seeks judge's ruling on bankruptcy
    San Bernardino officials are urging a federal bankruptcy judge to find that the city is eligible for Chapter 9 protection, saying the cityâ s survival depends on it. The cityâ s bankruptcy attorneys filed a motion for summary judgment on Friday ...
    07/8/2013 - 1:56 pm | View Link
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BING SEARCH:
  • News : Press Enterprise
    Local news text excerpts from PE.com and The Press Enterprise for the Riverside and San Bernardino county areas
    08/29/2015 - 4:33 pm | View Website
  • City of San Bernardino
    Summary of Proposed Recovery Plan in Support of the Plan of Adjustment Common Council Meeting May 18, 2015 . City of San Bernardino
    08/29/2015 - 4:59 am | View Website
  • U.S. News | National News
    ABC News reports on United States politics, crime, education, legal stories, celebrities, weather, the economy and more
    08/28/2015 - 9:42 pm | View Website
  • San Bernardino audit faces trouble, city reports
    SAN BERNARDINO >> There’s more trouble for the city’s long-overdue audit, and it’s not because the city hasn’t given the necessary information, according to ...
    06/26/2015 - 10:40 am | View Website
  • San Bernardino firefighters leaving city in record numbers
    SAN BERNARDINO >> If the reservoir of veteran firefighters in the city developed a leak in the Great Recession and the crack widened with the 2012 bankruptcy filing ...
    05/2/2015 - 8:46 am | View Website
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