San Bernardino, Calif., won more time to prove it should remain in bankruptcy as a judge told city officials to develop a temporary budget by December or risk losing chapter 9 protection, Bloomberg News reported yesterday. Bankruptcy Judge Meredith M. Jury agreed to put off until Dec. 21 a court showdown between San Bernardino and California Public Employees’ Retirement System over whether to throw the city out of bankruptcy. To remain, the city must make progress on a pendency plan, Judge Jury said yesterday.
