Restructuring Partner Quoted on Stockton's Bankruptcy

Bloomberg | February.24.2012

This article, about Stockton, California's proposed plans to file for bankruptcy, quotes Sacramento restructuring partner and Stockton's counsel, Marc Levinson.

"Somebody has to suffer and in this case the city manager has decided it should be the bondholders who suffer," Marc Levinson of Orrick, Herrington & Sutcliffe LLP, which represents the city, .