Detroit Bankruptcy Reverberates through California’s At-Risk Cities – AllGov

Detroit Bankruptcy Reverberates through California's At-Risk Cities
AllGov
Judge Steven W. Rhodes, presiding over the Motor City's Chapter 9 bankruptcy, ruled that longstanding pension agreements will not be off-limits during negotiations over how Detroit will cover billions of dollars in debt, despite a state constitutional protection 

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Read the rest . Via MLO Aggregated Bankruptcy News.

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