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Key test looms for Stockton, California, bankruptcy bid

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SAN FRANCISCO (Reuters) – The city of Stockton, California, has a strong case heading into court next week in a bid to establish eligibility for bankruptcy protection, a move contested by bond insurers of more than $350 million of its debt, lawyers watching the case predicted.

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Post Published: 25 February 2013
Found in section: News and Analysis

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