Court holds that Stockton is eligible to file for chapter 9 *

USA - April 3 2013
On April 1, 2013, the U.S. Bankruptcy Court for the Eastern District of California ruled that the City of Stockton qualified to file for protection…

Co-authors: John J. Rapisardi, Michele C. Maman, Mark C. Ellenberg, Thomas Curtin .

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State review team finds financial emergency in city of Detroit what is next for the city of Detroit? *

USA - March 19 2013
On February 19, 2013, the six-person Review Team appointed by Michigan's Governor to conduct a detailed financial review of the City of Detroit…

Co-authors: Mark C. Ellenberg.

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City of Stockton: Bankruptcy Court holds that Rule 9019 does not apply to Chapter 9 debtors *

USA - January 31 2013
On January 30, 2013, Judge Christopher Klein of the Bankruptcy Court for the Eastern District of California held that, pursuant to section 904 of the…

Co-authors: Michael J. Cohen, John J. Rapisardi, Mark C. Ellenberg, Thomas Curtin , Douglas S. Mintz.

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ISDA March 2012 supplement and protocol: updating Muni CDS *

USA - March 28 2012
As of April 3, 2012, the documentation and industry standards for municipal CDS transactions (“Muni CDS”) will be brought in line with the corporate and sovereign CDS market through several initiatives lead by ISDA and related publications by Markit.

Co-authors: Alexander Lewis, Kathryn Lewis Andrews , Ivan Loncar .

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Harrisburg: a case study in state law barriers to Chapter 9 *

USA - January 10 2012
On November 23, 2011, the Bankruptcy Court for the Middle District of Pennsylvania dismissed Harrisburg, Pennsylvania’s Chapter 9 bankruptcy petition because, shortly before the filing, the state legislature expressly prohibited Harrisburg from seeking relief under Chapter 9.

Co-authors: John J. Rapisardi, Timothy T. Brown , Douglas S. Mintz.

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