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Robert Lafee Citron (April 14, 1925 – January 16, 2013) was the longtime Treasurer-Tax Collector of Orange County, California, when it declared Chapter 9 bankruptcy on December 6, 1994. The bankruptcy was brought on by Citron's investment strategies, [ 2 ] which seemed to be an effort to earn high incomes for the county, without raising taxes ...
The Orange County bankruptcy was at the time the largest municipal bankruptcy in U.S. history. [47] Land use conflicts arose between established areas in the north and less developed areas in the south. These conflicts were over issues such as construction of new toll roads and the repurposing of a decommissioned air base.
The Orange County bankruptcy was the largest municipal bankruptcy in U.S. history. Following a tumultuous several year period of financial disclosures by the City of San Diego relating to its massively underfunded pension and retiree health care system, [ 3 ] in 2005 Shea ran for mayor of San Diego on a platform of filing a Chapter 9 bankruptcy ...
On July 18, 2013, Detroit, Michigan became the largest city in the history of the United States to file for Chapter 9 bankruptcy protection. Jefferson County, Alabama, in 2011, and Orange County, California, in 1994, are also notable examples.
The Orange County Employees Association (OCEA), located in Santa Ana, California, is a public employee labor union in Orange County, representing about 18,000 employees. OCEA was founded in 1937. OCEA was founded in 1937.
1947 Cisco Texas School District bankruptcy; 1983 San Jose School District California bankruptcy; 1991 Bridgeport Connecticut bankruptcy; 1994 Orange County California bankruptcy; 1999 Prichard Alabama bankruptcy; 2001 Desert Hot Springs California bankruptcy; 2002 Alabama Adventure and VisionLand bankruptcy; 2005 Millport Alabama bankruptcy
The Orange County Register logo in 2007. The Orange County Register is a paid daily newspaper published in California. [3] The Register, published in Orange County, California, is owned by the private equity firm Alden Global Capital via its Digital First Media News subsidiaries. Freedom Communications owned the newspaper from 1935 to 2016.
In January, Freedom closed several of its weekly papers in Orange County. [22] On March 21, 2016 a bankruptcy judge approved the sale of Freedom Communications and its two major newspapers, the Orange County Register and the Riverside Press-Enterprise to Digital First Media (DFM).