On June 15, 2017, Stradling client, the City of San Bernardino, reached a major milestone in its chapter 9 bankruptcy case when its Plan of Adjustment became effective and the City emerged from bankruptcy. Stradling represented the City in its bankruptcy case, and in assisting the City in reaching this momentous milestone. Read the press release.
The Santa Monica-based team representing the City in the bankruptcy case included Paul Glassman (as lead bankruptcy counsel), James Thoma and Fred Neufeld. The Newport-Based team representing the City on municipal matters included Tom Clark (as lead redevelopment counsel), Allison Burns (on general municipal and related litigation matters) and Brian Forbath and Cyrus Torabi (on public finance matters).