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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 ...
He was the federal court-appointed attorney that represented 170-plus municipal entities [1] with investments of over $5 billion in the Orange County, California, Chapter 9 bankruptcy. [2] On December 6, 1994, the County of Orange declared Chapter 9 bankruptcy, from which it emerged in June 1995.
Andrew Do squeaked onto the Orange County Board of Supervisors by 43 votes in 2015, defeating a veteran politician to become the second Vietnamese American ever to serve on the board.. He did so ...
Officials with the FBI, Department of Justice and Orange County district attorney's office confirmed they were involved in the searches but declined to elaborate on what investigators were looking ...
The news organization has also reported Orange County Supervisor Andrew Do directed or voted to direct as much as $13.5 million to the nonprofit without disclosing that his 22-year-old daughter ...
On February 19, 2020, the Diocese of Harrisburg filed for Chapter 11 bankruptcy protection after disclosing to federal bankruptcy court it has more than 200 creditors and estimated liabilities between $50 million and $100 million, with assets of less than $10 million. The Harrisburg Diocese was the first Catholic diocese in Pennsylvania to seek ...
The Ventura County Board of Supervisors adopted California Government Code 27000.7, which places certain financial educational requirements on county tax treasurers, a safeguard enacted into state law after the 1994 Orange County Bankruptcy, which led to a loss of $1.7 billion.
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