Split Pa. Justices Let Bankrupt City's Receiver Keep Power

By Emily Lever · January 29, 2024, 9:22 PM EST

Pennsylvania's Supreme Court on Monday split over a state-appointed receiver's ability to restrict the administrative powers of elected city officials, affirming an order that let the receiver take control of the...

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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

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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

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