This Comment summarizes current economic factors driving the recent increased likelihood of municipal insolvency, explores the unique taxpayer and voter constituency impacting municipal bankruptcy, and provides a brief background of municipal bankruptcy law. This Comment also proposes changes in local practice and state and federal law that are necessary to allow municipalities in crisis to fairly and effectively manage pension obligations.
Solving Insolvent Public Pensions: The Limitations of the Current Bankruptcy Option,
Emory Bankr. Devs. J.
Available at: https://scholarlycommons.law.emory.edu/ebdj/vol28/iss1/8