Pension reform — the time has come, the time is now

As Dr. Seuss once famously wrote (Marvin K. Mooney, Will You Please Go Now), “THE TIME HAS COME, THE TIME IS NOW”. Good faith efforts to bargain with Chapter 9 of the Bankruptcy Code in the foreground must begin now if we want to emerge from this financial crisis.  

Filed under:
USA, Employee Benefits & Pensions, Insolvency & Restructuring, Public, Saul Ewing LLP, Bankruptcy, Debtor, Trade union, Debt, Good faith, Collective bargaining agreements, Bond credit rating, Municipal bond, Balanced budget, US District Court for Eastern District of California
Authors:
James A. Chatz , Marc S. Zaslavsky
Location:
USA
Firm:
Saul Ewing LLP