SAN FRANCISCO (Reuters) - San Bernardino, California's city council will receive an opinion from its legal staff on July 16 on whether the city needs to enter into pre-bankruptcy mediation with its ...

During a public meeting Tuesday evening, the city of San Bernardino will consider another round of deep budget cuts as it teeters on the brink of bankruptcy. The city is $45 million in the hole — ...

SAN BERNARDINO, Calif./LOS ANGELES (Reuters) - A key San Bernardino bondholder and opponent of the California city's proposed plan to exit bankruptcy offered this week to delay some proceedings in the ...

The Los Angeles Times is following the bankruptcy, reporting that the City Attorney James Penman said that documents had been falsified to hide the how much the city was spending. In a live chat this ...

LOS ANGELES, May 7 (Reuters) - The southern California city of San Bernardino has proposed virtually eliminating retiree health insurance costs under a bankruptcy exit plan it must produce by May 31, ...

Detroit has been struggling for a while, and yesterday a federal judge ruled that the city is eligible for bankruptcy and can impose cuts to its municipal pension plans. That ruling could have a big ...

SAN BERNARDINO, Calif. (AP) — A federal judge has closed out the bankruptcy case filed by a Southern California city that grappled with a dire cash shortage a decade ago, officials said Monday. The ...

Bankruptcy, whether you are a person or a California municipal government, is a tough, lonely process. If you're a city, you may be able to get out from some commitments, but you're likely to have to ...

SAN BERNARDINO, Calif. (AP) – Officials in San Bernardino, Calif., which is facing an expected $45.8 million budget deficit this year, have formally filed for Chapter 9 bankruptcy protection, a move ...

LOS ANGELES, May 7 (Reuters) - The southern California city of San Bernardino has proposed virtually eliminating retiree health insurance costs under a bankruptcy exit plan it must produce by May 31, ...