1. Home
  2. Browse Decisions
  3. B.R.
  4. 486 B.R.
  5. 486 B.R. 194 (2013)
 

IN RE CITY OF STOCKTON, CAL.

Bankruptcy No. 12-32118-C-9. DC No. OHS-5.

486 B.R. 194 (2013)

In re CITY OF STOCKTON, CALIFORNIA, Debtor.

United States Bankruptcy Court, E.D. California.

February 5, 2013.

Attorney(s) appearing for the Case

Marc A. Levinson (argued), Patrick Bocash, John W. Killeen, Orrick, Herrington & Sutcliffe LLP, Sacramento, CA, for Debtor.

William W. Kannel (argued), Mintz Levin Cohn Ferris Glovsky and Popeo P.C., Boston, MA, for Wells Fargo Bank National Association, as Indenture Trustee.

Matthew M. Walsh (argued), Winston & Strawn LLP, Los Angeles, CA, for National Public Finance Guarantee Corporation.

Jeffrey Bjork (argued), Sidley Austin LLP, Los Angeles, CA, for Assured Guaranty Corp. and Assured Guaranty Municipal Corp.

James O. Johnston (argued), Jones Day, Los Angeles, CA, for Franklin High Yield Tax Free Income Fund and Franklin California High Yield Municipal Fund.

Michael J. Gearin (argued), K & L Gates LLP, Los Angeles, CA, for California Public Employees' Retirement System.

OPINION REGARDING APPLICABILITY OF FEDERAL RULE OF BANKRUPTCY PROCEDURE 9019

CHRISTOPHER M. KLEIN, Bankruptcy Judge.

The question is whether a chapter 9 municipal debtor must obtain court approval under Federal Rule of Bankruptcy Procedure 9019 of any compromise or settlement it makes during the course of the chapter 9 case. The City of Stockton says "no." Its Capital market creditors say "yes." The answer is: 11 U.S.C. § 904 gives a chapter...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases