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Stockton Case Could Rule Out Ch. 9 For Other Cities

By Erin Coe ( March 28, 2013, 11:04 PM EDT) -- A California federal judge is expected to rule Monday on whether creditors can stop Stockton from seeking Chapter 9 relief in what would be the largest-ever U.S. municipal bankruptcy, and attorneys say a decision blocking the bankruptcy would make it harder for distressed municipalities to meet eligibility standards and keep many from seeking Chapter 9 in the first place....

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