Tag Archives: Federal Bankruptcy Court Lets Stockton

Mish/ Mike Shedlock – Federal Bankruptcy Court Lets Stockton, California Cut Retiree Health Care Benefits; Flood Of City Bankruptcies Coming – 29 July 2012

In a welcome, common sense ruling, Court lets Stockton, Calif. cut retiree health care

A federal bankruptcy judge on Friday cleared the way for Stockton, California to cut health care benefits for retirees while it is in bankruptcy proceedings. Continue reading