Judge to make final ruling on Stockton bankruptcy late October

 Reuters California  
By Robin Respaut SACRAMENTO Calif. (Reuters) – The judge presiding over the Stockton, California, bankruptcy case said on Wednesday that he will wait until late October to make a final ruling over whether the city can exit bankruptcy. U.S. Bankruptcy Judge Christopher Klein said he was “not in a position to make a decision right now.” Earlier in the day, Klein surprised the courtroom by ruling that the city’s contract with the California Public Employees’ Retirement System, the world’s largest pension fund, could be rejected. …
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