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State files objection to Harrisburg bankruptcy
The state of Pennsylvania on Friday filed an objection to the bankruptcy petition of Harrisburg, its capital, while the mayor of the city has asked the court for an emergency hearing to dismiss the controversial case.
Updated: 10/14/2011 07:35P
Lower Bankruptcy Filings No Harbinger of Good Economic Times
Consumer bankruptcy filings in the United States totaled 1044722 nationwide during the first nine months of 2011 (Jan. 1-Sept. 30), a 10 percent decrease from the 1165172 total consumer filings during the same period a year ago, according to the
Updated: 10/14/2011 07:19P
Harrisburg has more than incinerator debt
Most of the current debt problems of Harrisburg stem from failed projects intended to revitalize the city and extremely bad business decisions. The chart above shows the massive increase in Harrisburg's population that occurred up to 1950 then starting
Updated: 10/14/2011 07:01P
Another White House Description of Solyndra
But most of the recent disclosures about government missteps in handling federal loan guarantees about Solyndra, the solar equipment manufacturer that declared bankruptcy six weeks ago, have been e-mails, private and conversational in tone.
Updated: 10/14/2011 06:31P
Pennsylvania lawyers, mayor oppose Harrisburg bankruptcy
AP HARRISBURG -- Lawyers for the state of Pennsylvania and Harrisburg's mayor have asked a federal judge to throw out the bankruptcy petition for the city filed this week after a divided City Council voted for it.
Updated: 10/14/2011 06:23P
Harrisburg's bankruptcy case goes to court
Other parties have a stake in Harrisburg's move towards bankruptcy. They've all lawyered up. Schwartz has indicated he will bill $300 an hour. Thompson's law firm, Tucker Arensberg, charges between $150 and $200 an hour. No attorney has entered an
Updated: 10/14/2011 06:10P
Klauber wins in court, appeal filed
Merryday remanded the matter back to bankruptcy court with the instructions that the court follow his application of the law. In other words, his ruling is a reversal of the lower court's ruling. Significant is Merryday's ruling ordering the entire
Updated: 10/14/2011 06:01P
A Rising Stock Market Won't Stop the "Economic Rot" Beneath
The capital of one of our biggest states is filing for bankruptcy? That should serve as an alarm. Then again, the market is rallying just weeks after the downgrade of US Treasury debt. So when will optimistic financial investors wake-up to reality?
Updated: 10/14/2011 05:58P
Pennsylvania lawyers, Harrisburg mayor oppose bankruptcy
Philadelphia attorney Neal Colton filed the state's objections to the bankruptcy on Friday, saying a state law expressly forbids it, while Harrisburg lawyer Kenneth Lee told the court the city and Mayor Linda Thompson believe the petition is not valid.
Updated: 10/14/2011 05:51P
Regional bankruptcies and incorporations
Following are recent bankruptcy and incorporation filings from Crawford, Franklin, Logan and Sebastian counties. The information is provided by The Daily Record. a Little Rock-based news and legal information publisher. Kyle Wilkinson and Natalie
Updated: 10/14/2011 05:51P
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