Harrisburg Seeks Chapter 9 Bankruptcy, Citing ‘Overwhelming Debt’

Start your day with TPM.
Sign up for the Morning Memo newsletter

Pennsylvania’s capital is asking for chapter 9 bankruptcy, citing the Harrisburg’s “overwhelming debt,” the AP reports:

The petition docketed by U.S. Middle District bankruptcy court Wednesday listed about $458 million in creditors and claims, and said the city faced “imminent jeopardy” from six pending legal actions by creditors related to a debt-saddled trash incinerator.

Latest Livewire
Comments
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: