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Mammoth Lakes, California will file for bankruptcy, just days after Stockton filed for Chapter 9...
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Tuesday, July 3, 2012, 2:04 AM ETMammoth Lakes, California will file for bankruptcy, just days after Stockton filed for Chapter 9 protection. The ski resort town of around 8,000 residents said it saw no other choice after its largest creditor refused to negotiate concessions on a $43M legal judgement against the town.
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