By Danielle Kennedy
Round one of the fight between the City of Stockton, California and its creditors is finally over. On April 1, 2013, Bankruptcy Judge Christopher M. Klein held that Stockton satisfied the eligibility requirements for a Chapter 9
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Now It Gets Interesting – Stockton, CA Found Eligible to Remain in Chapter 9
Nearly nine months after it filed for protection under Chapter 9 of the Bankruptcy Code, a federal bankruptcy judge last week determined that the city of Stockton, California has satisfied the requirements of Section 109(c) of the Bankruptcy Code…
Bankrupt Municipality May Reduce Retiree Benefits
By Aaron Kleven
The bankruptcy of the largest U.S. city to file a chapter 9 bankruptcy petition has yielded a decision with serious implications for municipal creditors. Specifically, the United States Bankruptcy Court for the Eastern District of California overruled…
Challenge Under Planning and Zoning Law Time-Barred for Failure to Comply with 90-Day Limitations Period
In Stockton Citizens for Sensible Planning v. City of Stockton (2012) 2012 Cal.App. LEXIS 1175, the appellate court affirmed a trial court decision dismissing petitioner’s lawsuit seeking a writ of mandate to compel the City of Stockton to vacate its…
Game On in Stockton, CA Chapter 9 Case – Bond Insurer Sets Focus on Calpers
The Olympics may be over, but a potential clash of titans is gearing up in the Chapter 9 bankruptcy case of Stockton, California. Municipal bond insurer National Public Finance Guarantee Corporation (“National”) has challenged Stockton’s eligibility to be a debtor…
Stockton, California Chapter 9 Filing – Another Outlier, Or Harbinger?
Meredith Whitney, one of the first financial analysts to foresee the collapse of the housing market, famously predicted in December 2010 that a wave of municipal bond defaults was on the way. The wave, however, has yet to materialize, and…
Chapter 9 – California and Federal Bankruptcy Law/Relative Bargaining Positions
By Alan Martin and Matthew Holbrook
On June 28, 2012, Stockton, California became the most recent municipality to file for bankruptcy under chapter 9, after having concluded a mandatory mediation process with its creditors. See, In re City of Stockton,…
Police Handcuff and Arrest 5 Year-Old ADHD Boy for Battery on a Police Officer
A five year-old kindergartener’s hands and feet were hand-cuffed with zip ties by a Stockton, California police officer who then arrested the five year-old ADHD sufferer for battery on an officer for kicking the officer in the knee. Lieutenant Frank…
Cal Ct App: Inverse Condemnation Statute Of Limitations For Physical Taking Begins When Invasion Becomes Wrongful
In Cobb v. City of Stockton, No. C062328 (Jan. 26, 2011), the California Court of Appeal (3d District) concluded that the property owner’s claim for inverse condemnation for a physical invasion of his property was not barred by California’s…
Arizona and Ethnic Studies
Julianne Hing writing for the Atlantic:Yesterday I got stuck on a photo from a new Tumblr I heard about, Fuck Yeah API History. (You can explore the meme here.) It’s a new blog on the block that’s just…