Sewer Deal Kept On Ice During Appeal In Philly Suburb's Ch. 9

By Clara Geoghegan · March 6, 2024, 5:12 PM EST

A Philadelphia bankruptcy judge Wednesday rejected a utility's latest effort to lift the automatic stay triggered by the City of Chester's Chapter 9 bankruptcy, which has delayed a $276.5 million sewer...

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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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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