Bond market creditors filed final legal challenges on Friday to Stockton, Calif.'s petition for bankruptcy protection, laying the groundwork for a potentially precedent-setting legal battle.
Bond Creditors Challenge Stockton's Bankruptcy
DEC 17, 2012 4:41pm ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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