California City to Continue Dealings in Bankruptcy Court

Finestone, Deborah
February 2002
Bond Buyer;2/21/2002, Vol. 339 Issue 31329, p31
Trade Publication
Reports that Desert Hot Springs, California will continue working out its finances in bankruptcy court after a judge upheld the city's case. Reason for filing for reorganization under Chapter 9 of the U.S. Bankruptcy Code; Proposal of a reorganization plan by city officials to cope up with the situation.


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