10.31.13

The Big Kahuna.  U.S. Bankruptcy Judge Meredith Jury this week rejected a request by California’s public pension agency CalPERS to appeal her August decision to grant San Bernardino municipal bankruptcy protection directly Continue reading

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10.28.13

Detroit on the Razor’s Edge: Day III. In the third day of municipal bankruptcy hearings before U.S. Bankruptcy Judge Rhodes on the Motor city’s eligibility for chapter 9 municipal bankruptcy, creditors cross-examined Ken Buckfire, Continue reading

10.25.13

Detroit on the Razor’s Edge: Day II. In the second day of hearings before U.S. Bankruptcy Judge Rhodes on the Motor city’s eligibility for chapter 9 municipal bankruptcy, Kenneth Buckfire, Continue reading

10.23.13

Let the Trial Begin. U.S. Bankruptcy Judge Steven Rhodes this morning opens the most critical stage so far of Detroit’s municipal bankruptcy case―to determine whether the city is eligible. Continue reading