City of San Bernardino, California

  1. October 23, 2013

    CalPERS Appeals San Bernardino's Bankruptcy Eligibility

    California's state pension system on Tuesday challenged a bankruptcy judge's decision last month to allow the city of San Bernardino to move forward with its bankruptcy proceedings, saying the judge improperly glossed over key requirements for granting Chapter 9 protection.

  2. September 18, 2013

    CalPERS Can't Block San Bernardino's Ch. 9 Proceeding

    A California bankruptcy judge granted judgment in favor of the city of San Bernardino, Calif., on Tuesday, rejecting protests from the California Public Employees' Retirement System and finding that the city is eligible for Chapter 9 bankruptcy relief and can begin proceedings.

  3. August 30, 2013

    San Bernardino Bankruptcy OK Gives Troubled Cities Leverage

    A California federal judge's Wednesday ruling that the city of San Bernardino could remain under bankruptcy protection based on its insolvency and lack of alternatives sets a low bar for Chapter 9 eligibility and boosts distressed municipalities' leverage in prebankruptcy negotiations with creditors including pension funds, lawyers say.

  4. August 28, 2013

    San Bernardino Can Continue Under Ch. 9 Despite Outcry

    A California bankruptcy judge reportedly ruled Wednesday that the beleaguered city of San Bernardino, Calif., is eligible to remain under Chapter 9 bankruptcy protection, despite protests from the state's pension fund for public employees.

  5. August 07, 2013

    San Bernardino, City Union Reach Deal Over Bankruptcy Plan

    The city of San Bernardino told a California bankruptcy judge Tuesday that it and the San Bernardino Public Employees Association had reached a tentative deal under which the city won't reject collective bargaining agreements and the union won't oppose the bankruptcy protection.

  6. August 05, 2013

    CalPERS Pushes Court To Kill San Bernardino Bankruptcy

    The California Public Employees' Retirement System on Friday asked a federal judge to stop San Bernardino, Calif., from proceeding with its municipal bankruptcy, arguing that the city's failure to plan should bar it from insolvency protection.

  7. July 11, 2013

    San Bernardino Bond Creditors Support City's Ch. 9 Case

    A group of bondholders and bond insurers asked a California bankruptcy judge Thursday to let San Bernardino, Calif., continue with its Chapter 9 case, siding with the insolvent city in a fight against creditors who contend it is ineligible for federal protection.

  8. June 21, 2013

    Weil Gotshal Hired In Calif. Ch. 9 Cases After Winston DQ

    National Public Finance Guarantee Corp. has retained Weil Gotshal & Manges LLP to represent it in the Chapter 9 bankruptcy proceedings of San Bernardino and Stockton, Calif., after a judge disqualified Winston & Strawn LLP from representing the bond insurer in the San Bernardino matter, it said Friday.

  9. June 13, 2013

    Winston & Strawn DQ'd From San Bernardino Bankruptcy

    Winston & Strawn LLP was reportedly disqualified Thursday from representing bond insurer National Public Finance Guarantee Corp. — a creditor in the San Bernardino, Calif., bankruptcy — after the California Public Employees' Retirement System claimed the firm had hired attorneys who switched sides after representing CalPERS.

  10. June 07, 2013

    CalPERS Fights To DQ Winston & Strawn In Calif. Bankruptcies

    The California Public Employees' Retirement System on Thursday defended its efforts to disqualify Winston & Strawn LLP from Chapter 9 bankruptcies in two California cities, arguing a creditor had misinterpreted California law when it said side-switching at the law firm didn't represent an "extreme" conflict.