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Government

Bondholder Sues San Bernardino

KVCR

Published January 9, 2015 at 12:44 PM PST

There is a significant complication in the City of San Bernardino's ongoing effort to emerge from bankruptcy. A European corporation that holds 50 million dollars in San Bernardino bonds has filed a lawsuit for full repayment. KVCR's Matt Guilhem reports on how this could effect the city's bankruptcy case.