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In re City of San Bernadino

In re City of San Bernadino

Ruling
Court had jurisdiction over proceeding by debtor city against state for withholding of tax revenues and state could claim sovereign immunity.
Issue(s)
Did bankruptcy court properly exercise jurisdiction over debtor's proceeding against state for withholding of tax revenues and did it err in denying state's sovereign immunity defense?

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Commercial opinion summary, case decided on June 04, 2014 , LexisNexis #0714-032