April 01, 2013 at 15:47 PM EDT
UPDATE 2-Stockton eligible for bankruptcy protection-U.S. judge
SACRAMENTO, Calif., April 1 (Reuters) - The city of Stockton, California, is eligible for bankruptcy protection, a federal judge ruled on Monday, turning aside creditors' arguments that the city was not truly insolvent when it sought protection and had improperly failed to seek concessions.
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