In The News: Mediation Ends, Stockton Fends
Stockton Goes Bankrupt On June 28, 2012, Stockton declared bankruptcy. The news story was widely reported. But all is not gloom and doom. As quoted in the New York Times, bankruptcy attorney Karol K. Denniston, who helped draft AB506, the California legislation requiring municipalities to mediate before filing a bankruptcy petition, optimistically observed: […]