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Stockton Bankruptcy Case Defers Decision On Pension Benefit Modifications
National Public Radio [NPR]
Apr. 1, 2013
"U.S. Bankruptcy Judge Christopher Klein ruled Monday on the most important question facing Stockton, Calif. -- whether it could enter into federal bankruptcy protection. Klein agreed that the city is, in fact, broke. But he didn't decide the question of whether the city must renegotiate its pension obligations, as some of its creditors had hoped."
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