SACRAMENTO, Calif., March 25 (Reuters) - Lawyers for Stockton and its creditors kicked off a courtroom battle on Monday over whether the California city is eligible for bankruptcy protection to force ...

SAN FRANCISCO (Reuters) - Lawyers for Stockton, California will appear for the first time in a Sacramento court this week to make their case for protecting the city from its creditors in bankruptcy.

FRESNO, Calif. (AP) – Stockton has filed for Chapter 9 protection, making it the largest American city ever to declare bankruptcy. City Manager Bob Deis said officials sought the status Thursday in ...

During the Gold Rush, Stockton was one of the largest and most prosperous cities in California – but no more. On Thursday, the Central Valley town announced that it was insolvent and became the ...

SACRAMENTO, Calif. (AP) – On its first official day in bankruptcy, the city of Stockton now must grapple with the hard part of reorganizing its financial affairs _ how to share the financial burden ...

Stockton, California will become the largest U.S. city to seek protection from its creditors after its leaders approved a budget on Tuesday night based on the city filing for bankruptcy. Officials in ...

CBS NEWS – Stockton, CA– A judge on Monday accepted the California city of Stockton’s bankruptcy application, making it the most populous city in the nation to enter bankruptcy. U.S. Bankruptcy Judge ...