City of San Bernardino, California

  1. May 31, 2013

    Creditor Tries To Save Winston & Strawn From DQ

    Winston & Strawn LLP shouldn't be disqualified from representing a creditor in the Chapter 9 bankruptcies of Stockton and San Bernardino, Calif., because the firm's hiring of five lawyers who represented CalPERS doesn't amount to an "extreme" conflict, according to a filing Friday in California federal court.

  2. May 17, 2013

    Winston & Strawn Faces DQ Bid In Calif. City Bankruptcies

    Citing an alleged conflict of interest, the California Public Employees' Retirement System told a California federal judge on Friday that Winston & Strawn LLP should be disqualified from representing a creditor in the Chapter 9 bankruptcies of the cities of Stockton and San Bernardino.

  3. March 27, 2013

    San Bernardino Sues To Stop Calif. From Withholding Revenue

    The bankrupt city of San Bernardino hit the state of California, the California Department of Finance and the California State Board of Equalization with a lawsuit in California bankruptcy court on Tuesday, hoping to enjoin the defendants from carrying out threats to withhold tax revenues due to the city.

  4. March 04, 2013

    San Bernardino Wants To Turn Down Union Contracts

    The city of San Bernardino, Calif., on Monday urged a bankruptcy judge to allow it to reject collective bargaining agreements with three unions that have refused to modify their agreements with the city, saying it had negotiated with the unions in good faith.

  5. December 21, 2012

    CalPERS Told To Cool Its Heels In San Bernardino Bankruptcy

    A California bankruptcy judge ruled Friday that the California Public Employees Retirement System can't immediately collect overdue pension payments from San Bernardino, saying the powerful pension fund must wait for the financially stressed city's bankruptcy proceedings to play out in court.

  6. December 11, 2012

    Bondholders Slam CalPERS' Attempt To Sue San Bernardino

    A group of bondholders and bond insurers on Monday challenged an effort by California's largest pension fund to sue the bankrupt city of San Bernardino over missed payments, saying the fund can't enjoy special privileges unavailable to other unsecured creditors.

  7. December 04, 2012

    San Bernardino Case May Set Venues For Future CalPERS Fights

    The California Public Employees' Retirement System has asked a bankruptcy court for permission to sue the bankrupt city of San Bernardino in state court, and the court's decision could dictate where future disputes over contractual obligations to the nation's largest public pension fund play out, experts said Tuesday.

  8. November 28, 2012

    CalPERS Looks To Sue San Bernardino Over Missed Payments

    The California Public Employees' Retirement System on Tuesday urged a California bankruptcy judge to let it sue the city of San Bernardino, Calif., after the city adopted a plan to defer payments to the mammoth pension fund in order to alleviate its nearly $46 million deficit.

  9. November 27, 2012

    San Bernardino OKs $26M In Cuts, CalPERS Payment Deferral

    The bankrupt city of San Bernardino, Calif., would defer payments to the state pension fund and bondholders and cut spending by $26 million under a pendency plan the city council approved Monday.

  10. October 30, 2012

    San Bernardino To Defer CalPERS Payments Amid Ch. 9 Woes

    The City of San Bernardino, Calif., will defer a part of its payments to the California Public Employees' Retirement System in efforts to reduce costs as it negotiates through a roughly $46 million budget shortfall amid mounting obligations to its creditors, the bankrupt city said Monday.