US Judge Calls Harrisburg Bankruptcy Filing Illegal - US Business News - CNBC
While admitting that she typically doesn't consider matters of state and constitutional law, France had questioned Wednesday whether a four-month-old state law designed to temporarily prohibit a bankruptcy filing by Harrisburg had met state constitutional standards that demand transparency in the passage of legislation.
In the end, she said it did.
She also questioned whether a divided Harrisburg City Council indeed had the authority to go over the mayor's head and file for bankruptcy. After the arguments, she said it didn't.
--------------
This whole debacle goes back to a botched effort to rehab an ancient incinerator. The city went $300 million in debt over this project.
No comments:
Post a Comment