Which Way, L.A.?
Orange County after the Bankruptcy
Five years ago Orange County shocked the country, declaring the largest municipal bankruptcy in U.S. history. Now the county has surprised everyone again, recovering more quickly than anyone expected. But has everyone in the county recovered? What impact has the bankruptcy had? And how will the over 800 million generated from lawsuits be spent?
By Warren Olney • • 1 min readFive years ago Orange County shocked the country, declaring the largest municipal bankruptcy in U.S. history. Now the county has surprised everyone again, recovering more quickly than anyone expected. But has everyone in the county recovered? What impact has the bankruptcy had? And how will the over 800 million generated from lawsuits be spent?
