San Bernardino Bankruptcy Calpers

Local News Round-Up September 4, 2013 HOT ISSUES BANKRUPTCY ...
San Bernardino Bankruptcy Ruling is a Blow to CalPERS (Sacramento Bee) Over objections from CalPERS, a judge last week declared that the city of San Bernardino is eligible for bankruptcy, paving the way for a historic showdown over the sanctity of public employee pensions. ... View Full Source

Bill On Bankruptcy: Stockton May Win The Battle, Lose The War ...
April 2 (Bloomberg Law) -- Although Stockton, California established the right to be in a Chapter 9 municipal bankruptcy, the judge warned the city that vict ... View Video

The Latest And Greatest On Pensions, OPEB, Bankruptcies ...
The Latest and Greatest on Pensions, OPEB, Bankruptcies, Local Initiatives, tactical decision not to battle CalPERS • City’s bankruptcy resulted in a negotiated reduction of Bankruptcy & Public Pensions: San Bernardino . 9 • Largest Cal. city to file for bankruptcy ... Fetch Content

MICHAEL B. LUBIC (SBN 122591) K&L GATES LLP
United states bankruptcy court central district of california riverside division in re city of san bernardino, california, debtor. case no. 6:12-bk-28006 mj chapter 9 preliminary objection of calpers to the city of san bernardino’s chapter 9 petition and request for relief under 11 u.s.c ... Read Full Source

Dan Walters: Detroit bankruptcy Ruling Puts Public Employee ...
Dan Walters: Detroit bankruptcy ruling puts public employee pensions on the table in California . San Bernardino is a different story. It stopped making payments to CalPERS for a while, ... Access Document

NCTR Webinar
NCTR Webinar Terry A.M. Mumford, Partner Ice Miller LLP be considered by the Bankruptcy Court. In San Bernardino, CalPERS and the City are working was going to cut pension benefits and contributions to CalPERS. CalPERS has opposed that at every turn. Will these legal issues be addressed ... Read Content

MUNICIPAL BANKRUPTCY OVERVIEW - Costamesaca.gov
MUNICIPAL BANKRUPTCY OVERVIEW Impacts of Filing for Municipal Bankruptcy a. Benefits of filing i. Just the threat of filing may motive creditors and contractual parties to negotiate a consensual out-of-court restructuring. ii. ... Read Here

BCG Retirement News Roundup - Boomershineconsulting.com
6 BCG Retirement News Roundup 2013 Many employees in San Bernardino left just before the city declared bankruptcy last year and received payments from the city, which Calpers argued gave preferential ... Access Doc

Pension & Benefi Ts Daily - Groom
Pal bond holders have encouraged the bankruptcy court to treat CalPERS like any other creditor, with debts that can be reduced as the bankruptcy court sees fit. 20121221-san-bernardino-judge-denies-calpers-request-to-force-city-payment.ece. Kevin Parrish, Stockton And San Ber- ... Fetch Full Source

Exclusive: California Pension Reform Measure To Target Calpers
Exclusive: California pension reform measure to target Calpers BY TIM REID even in bankruptcy. "CalPERS has dedicated itself to preserving the status quo and making it difficult for anybody to reform Stockton and San Bernardino. CalPERS has said it will increase pension ... Read Here

CalPERS - Wikipedia
After Los Angeles-area property developer LandSource filed for bankruptcy protection, CalPERS was criticized for having invested $ Los Angeles, Marin, Mendocino, Merced, Orange, Sacramento, San Bernardino, San Diego, San Francisco [county as well as city], San Joaquin, San Luis ... Read Article

Www.rpea.com
Order to require an employer and/or CalPERS to provide requested retiree contact information to an of the U.S. Bankruptcy Code. During the Stockton and San Bernardino City bankruptcies, for example, San Bernardino City retireees can tell you how frustrating that is! ... Read Content

NAPA COUNTY GRAND JURY APRIL 3, 2014 FINAL REPORT A REVIEW OF ...
CalPERS, the State’s manager of pensions, Vallejo spent three years in bankruptcy and emerged in 2011 without making any pension adjustments. San Bernardino wants to reduce its pension obligations, and the bankruptcy judge ... Visit Document

WHO DOES BANKRUPTCY MAPPING PENSION IMPAIRMENT IN CHAPTER 9
Who does bankruptcy is deeper, so to speak—trickier to pose, harder to answer—than at first it sounds. Consider the following statements pensionsbre87t1lh-20120830_1_pension-debt-calpers-pension-costs (“San Bernardino . . . filed for bankruptcy on August 1, [2012 and] has listed ... Retrieve Document

San Bernardino Executive Summary - Centers On The PS
San Bernardino Executive Summary On August 1, 2012, the City of San Bernardino, California filed a petition for protection from its creditors under Chapter 9 of the federal bankruptcy code. ... Access Doc

California Bullet Train: Bankruptcy - YouTube
California: Bullet Train $68B – Tracks to Bankruptcy – California Broken http://www.maggiesnotebook.com/2012/04/california-bullet-train-68b-tracks-to-bankrup ... View Video

Tackling Public Agency Bankruptcy! - CAJPA
Tackling Public Agency Bankruptcy! Presented by: A. Byrne Conley, Esq. Gibbons & Conley San Bernardino Reasons for Bankruptcy-Vallejo CalPERS losses increased unfunded liability from $403 million to ... Retrieve Here

South Bay Galleria - Wikipedia
South Bay Galleria, In 1992 Forest City sold a half-interest in the center to CalPERS, In December 2008, the Mervyn's department store chain closed all of its stores due to bankruptcy, including the South Bay Galleria store. ... Read Article

Case 12-32118 Filed 07/05/13 Doc 996
Later, on August 1, 2012, the City of San Bernardino filed its Chapter 9 petition under title 11 of the Bankruptcy Code. CalPERS is a party in interest and National is a creditor in both cases. As they relate to CalPERS, ... Document Retrieval

The San Bernardino County Sentinel
Seeing the city of San Bernardino’s Chapter 9 bankruptcy filing, on November 15 rejected a CalPERS, has main-tained that it Four months after it The San Bernardino County It is anticipated that Sentinel ... Get Doc

State Budget Solutions On Fox Business News - California ...
State Budget Solutions on Fox Business News - California Pension Crisis could result in Los Angeles, San Francisco, San Jose, Azusa and Inglewood joining fiscally troubled Stockton and San Bernardino, California Cities and Counties Filing Bankruptcy because of CalPERS ... View Video

The Road To Financial Recovery - Cssd.ucr.edu
“A (San Bernardino) police lieutenant can Chapter 9 exists in the U.S. Bankruptcy Code Resumption of payments to CalPers Deferred employee payouts for accrued time off Ok, its in the budget but do I have the cash to write ... Retrieve Doc

List Of Hospitals In California - Wikipedia
List of hospitals in California. An enlargeable map of the 58 counties of the state of California. This is a San Bernardino County. Arrowhead Regional Medical Center – Colton; Barstow Community Hospital – Barstow; Bear Valley Community Hospital; ... Read Article