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Podcasts Take Two
Judge to rule on San Bernardino's bankruptcy eligibility
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Aug 28, 2013
Listen • 7:06
Judge to rule on San Bernardino's bankruptcy eligibility
Today, the city of San Bernardino learns whether it's eligible for bankruptcy protection. The case has garnered nation-wide attention since it could set a precedent as the first city ever allowed to get out of its pension obligations to city employees.
One of many vacant, distressed properties in downtown San Bernardino. This lot sits right next door to the Greater San Bernardino Area Chamber of Commerce. It’s slogan: “It’s Great Day in San Bernardino” defies the city’s hard times.
One of many vacant, distressed properties in downtown San Bernardino. This lot sits right next door to the Greater San Bernardino Area Chamber of Commerce. It’s slogan: “It’s Great Day in San Bernardino” defies the city’s hard times.
(
Steven Cuevas / KPCC
)

Today, the city of San Bernardino learns whether it's eligible for bankruptcy protection. The case has garnered nation-wide attention since it could set a precedent as the first city ever allowed to get out of its pension obligations to city employees.

Today, the city of San Bernardino learns whether it's eligible for bankruptcy protection. The case has garnered nation-wide attention since it could set a precedent as the first city ever allowed to get out of its pension obligations to city employees.

That's a big issue in the far bigger bankruptcy case of Detroit.

Joining the show to explain what the outcome in San Bernardino could mean is California-based bankruptcy attorney Michael Sweet.