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Harrisburg Files for Chapter 9 Bankruptcy Over Debt
Harrisburg Pennsylvania seeks Chapter 9 protection amid about 458 million dollars in creditors and claims tied to a debt laden municipal incinerator. The move, backed by a City Council majority, faces opposition from Mayor Linda Thompson who says the filing is unlawful and vows to challenge it. The case highlights a political clash over governance and a plan to stabilize finances amidst lawsuits and a troubled public utility asset.
MENTIONED IN THIS ARTICLE
Harrisburg
Pennsylvania
Mark D. Schwartz
Linda Thompson
Robert Philbin
Susan Wilson
Thompson
State Senate
House
Tom Corbett
Council
Schwartz
United States
Orange County
Calif
Vallejo
Central Falls
R.I
Jefferson County
Ala
Harrisburg Authority
Moody’s Investors Service
Philadelphia
Jonathan Hugg
Commonwealth of Pennsylvania
Commonwealth
Hugg
Bill Stanton
New York
Stanton
Young
John Hamilton
Kansas City
Park University
Parkville