CALIFORNIA | LOCAL
April 9, 2013 | By Kate Mather
For the second time in less than a week, comedian Jay Leno turned to Stockton for material. The California city again made headlines this month when it was deemed eligible for bankruptcy protection , allowing it to move forward in reorganizing its debt. In June, the 300,000-person city became the largest in the U.S. to fail financially. On Monday , "The Tonight Show" star pounced. "Stockton is so broke, the founding father is now demanding a paternity test," Leno joked.
CALIFORNIA | LOCAL
April 8, 2013 | Diana Marcum
Hector Roach was in a race with his draining cellphone battery. "I've been calling everyone, but there sure is nobody here, and now I have no bars. " He had a decision to make: cancel the night walk or go it alone. In an attempt to quell the shootings that have plagued California's second-most-violent city, church members in the hardest-hit neighborhoods -- operating in groups of no fewer than three -- have been going up to youths hanging out on street corners and parking lots.
CALIFORNIA | LOCAL
April 3, 2013 | By Diana Marcum
What does it look like when a city goes bankrupt? The answer was sharp and clear at a contentious Stockton City Council meeting the day after a judge declared the city of 300,000 eligible for bankruptcy. The meeting began at 5:30 p.m. Tuesday and ended shortly after 2 a.m. Wednesday. The council opposed a sales tax intended to pay for more police officers, which could imperil the city's standing in Bankruptcy Court. PHOTOS: California cities in bankruptcy The chambers were packed with people who said that crime in California's second-most violent city was eating away at their lives.
CALIFORNIA | LOCAL
April 2, 2013 | By Diana Marcum
The city of Stockton's impending bankruptcy case sets up a battle over employee pensions. A federal judge ruled Monday that Stockton was eligible for bankruptcy protection , rebutting Wall Street creditors who claimed the city was not. U.S. Bankruptcy Judge Christopher Klein found that Stockton can move forward with a plan to reorganize its debt. The city's creditors, he said, had acted in bad faith by refusing to negotiate. "The creditors got a big black eye today," said Karol Denniston, an attorney who helped draft the legislation that guided Stockton's mandated mediation before filing for Chapter 9 protection.
CALIFORNIA | LOCAL
April 1, 2013 | By Diana Marcum
A federal judge ruled Monday that Stockton is eligible for bankruptcy protection, despite the objection of creditors who argued the city could come up with more money. Stockton is the biggest U.S. city to file for bankruptcy. When it filed last June, Mayor Ann Johnston said there were no alternatives. "We are extremely disappointed that we have been unable to avoid bankruptcy," Johnston said in a statement at the time. "This is what we must do to get our fiscal house in order and protect the safety and welfare of our citizens.
CALIFORNIA | LOCAL
April 1, 2013 | By Diana Marcum, Los Angeles Times
FRESNO - A federal judge ruled Monday that Stockton was eligible for bankruptcy protection - rebutting Wall Street creditors who claimed the city wasn't really broke and setting up a battle over employee pensions. U.S. Bankruptcy Judge Christopher Klein found that Stockton can move forward with a plan to reorganize its debt. The city's creditors, he said, had acted in bad faith by refusing to negotiate. "The creditors got a big black eye today," said Karol Denniston, an attorney who helped draft the legislation that guided Stockton's mandated mediation before filing for Chapter 9 protection.