SAN FRANCISCO — 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. 

The so called “Capital Market Creditors,” a group of bond insurers, banks and financial trustees, filed by a Friday deadline the formal objections that said the city is ineligible for Chapter 9 protection according to the Federal bankruptcy code.

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