Thursday, 2 October 2014

Judge Says Cities in Bankruptcy May Reject Pension Contracts - Wall Street Journal








Wall Street Journal



Judge Says Cities in Bankruptcy May Reject Pension Contracts

Wall Street Journal

The federal judge overseeing the bankruptcy of Stockton, Calif., ruled that the city has the power to cut its pension obligations, a landmark decision that has implications for workers, investors and troubled municipalities across the country. U.S ...









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