Stockton, Creditors Tell Judge Bankruptcy Talks Will Resume (1)

Stockton, California, the biggest U.S. city to file for bankruptcy, intends to restart talks with creditors while it develops a plan to adjust debt and exit court protection by year’s end. Lawyers for the city and creditors told a federal judge yesterday that they want to try to negotiate an end to the Chapter 9 case after a months-long fight over whether Stockton should be thrown out of bankruptcy. read more at: http://www.businessweek.com/news/2013-04-24/stockton-creditors-say-debt-talks-will-be-restarted-1