Mammoth Lakes Bankruptcy Case Ends After Accord in Suit
This article is for subscribers only.
Mammoth Lakes, the California mountain resort town, won dismissal of its bankruptcy case after settling the $43 million development lawsuit that forced the city to seek court protection from its creditors.
U.S. Bankruptcy Judge Thomas Holman in Sacramento today signed an order ending the case about four months after the town became the second of three in California to file bankruptcy this year.