Judge gives green light to San Bernardino bankruptcy…

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San Bernardino, Calif., is eligible for bankruptcy protection, a federal judge said on Wednesday, in a “tentative ruling” ahead of full court arguments later in the day.

Judge Meredith Jury of the U.S. Bankruptcy Court for the Central District of California, said the city of 210,000, located 60 miles east of Los Angeles, was eligible for bankruptcy protection “as a matter of law based on incontrovertible facts.”

Judge gives green light to San Bernardino bankruptcy...

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