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IN RE CITY OF STOCKTON, CALIFORNIA

Case No. 12-32118-C-9.

526 B.R. 35 (2015)

IN RE: CITY OF STOCKTON, CALIFORNIA, Debtor

United States Bankruptcy Court, E.D. California.

Signed February 27, 2015.

Attorney(s) appearing for the Case

Marc A. Levinson, Orrick, Herrington & Sutcliffe LLP, Sacramento, California, for Debtor.

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

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

AMENDED1 OPINION REGARDING CONFIRMATION AND STATUS OF CALPERS2

Resolving the single objection to confirmation of the chapter 9 plan of adjustment of debts by the City of Stockton necessitates answering the threshold question whether,...

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