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Saturday, September 06, 2008

Judge approves Vallejo bankruptcy petition - Reuters


Dueling Attorneys - Dean Gloster for the unions and Marc Levinson for the city.

Judge Michael McManus

Judge approves California city bankruptcy petition | Markets | Markets News | Reuters:
By Jim Christie

SAN FRANCISCO, Sept 5 (Reuters) - A U.S. judge ruled on Friday that Vallejo, California, was insolvent when it filed a bankruptcy petition in May, siding with the city's bid to seek protection from creditors while aiming to restructure its debts in bankruptcy court."

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