City of San Bernardino, Calif., Mayor Patrick Morris wants to contract out City services, including police, fire, public works, community development, and parks and rec. This would reduce the workforce by 80% and reduce the number of replacement vehicles the City needs to buy.
Read More →Michigan’s Governor Rick Snyder authorized the City of Detroit’s emergency manager Kevyn Orr to seek federal bankruptcy protection for the City. Orr filed for Chapter 9 bankruptcy protection after receiving authorization, according to the governor's office.
Read More →Coda Holdings has filed for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code. The company is exiting the automotive marketplace and plans to restructure to focus on the energy storage business.
Read More →A federal judge on April 1 decided that the City of Stockton, Calif., would be able to file for Chapter 9 bankruptcy. The City filed for bankruptcy on June 28, 2012.
Read More →HARRISBURG, PA - After being declared in fiscal emergency, Harrisburg is moving forward with the financial recovery process, which includes a consolidation of fleet and facility maintenance and hiring a manager.
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