Tag Archives | option of bankruptcy

stephaniegomes

Municipal bankruptcy: not a magic pill

As Mammoth officials continue to hand over information to Mammoth Lakes Land Acquisition so they can eventually negotiate payment of Mammoth’s $41 million debt, the option of bankruptcy remains a possibility.  Advisor to the Town, Marianna Marysheva-Martinez continues to say she does not prefer bankruptcy.  It is believed MLLA agrees.  Martinez did share with Sierra […]

 
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