Pa. City Iced Retirees Out Of Ch. 9 Plan Talks, Committee Says

By Clara Geoghegan · September 5, 2024, 5:51 PM EDT

Retiree creditors in the city of Chester, Pennsylvania's bankruptcy have denounced its proposed Chapter 9 plan, telling a judge in Philadelphia it is a "blunt-instrument approach" to complex issues and was...

To view the full article, register now.
Try a seven day FREE Trial

Already a subscriber? Click here to login

Bankruptcy Scorecard

Summary

After 27 years in financially distressed status under state law, the Philadelphia suburb continued its downward spiral with a Chapter 9 filing in November 2022

Case Number

2:22-bk-13032

Judge

Ashely M. Chan

Venue

U.S. Bankruptcy Court for the Eastern District of Pennsylvania

Capital Structure

Total Liabilities:

$120 million

View Full Scorecard

Documents

Related Sections

Case Information

Case Title

City of Chester, Pennsylvania

Case Number

2:22-bk-13032

Court

Pennsylvania Eastern

Nature of Suit

Date Filed

November 10, 2022

Recent Articles By Clara