Wednesday, December 21, 2011

VOSD: Mayor, City Attorney Respond to Bankruptcy Case

Both Mayor Jerry Sanders' office and City Attorney Jan Goldsmith responded to my post this morning on the revelation that retired police and firefighters from a small city in Rhode Island have agreed to reduce their pensions in bankruptcy. That's important because Sanders and Goldsmith have argued that pensions couldn't be reduced through Chapter 9 to combat the idea that San Diego should explore bankruptcy,

Read the article here.


Marg said...

I guess someone consulted with a bankruptcy lawyer Phoenix. It's good to hear that everyone is working toward the same goal: fairness.

Madeth said...

This is good news. I'm sure both parties will resolve this issue peacefully.

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