BB&K In The News

The attorney with experience in municipal bankruptcies lends some context to the city’s insolvency proposal.

In an interview by a Riverside Press-Enterprise reporter regarding the City of San Bernardino’s proposed bankruptcy-exit plan, Best Best & Krieger LLP Partner Franklin Adams said other California cities have used similar plans with approval from courts.

“A judge will look at what’s in the best interests of the city and creditors and what’s fair and equitable,” Adams told the newspaper, speaking generally about bankruptcy cases and not specifically about San Bernardino’s. “You have a city that needs fire and police and the trash picked up, and the ability of the city to meet those needs is one of the things that she will consider.”

He added: “I think the essential thing is the ability for a city to move forward in a reasonable way and still provide services to the citizens.”

To see the full article, which appeared in the Jan. 24, 2016 edition of the Press-Enterprise, click here.