by rpafdaccess | Sep 27, 2024 | Local public entities, Municipal distress
Author: Laura N COORDES What sorts of legal relief should be available to a municipality in financial distress? Chapter 9 of the Bankruptcy Code has served as an option of last resort for many municipalities over the years. But as this Article illustrates, Chapter 9...
by rpafdaccess | Sep 27, 2024 | Bankruptcy, Municipal distress, Pension liabilities
Author: Thom REILLY, Laura COORDES, David SCHLINKERT, Erin REINISCH This paper builds on the literature examining the circumstances surrounding municipal fiscal distress by constructing a broader picture of the factors related to distress and why some cities file for...