City of Chester, Pennsylvania

  1. October 04, 2024

    Private Utility Blasts Pa. City's Ch. 9 Plan As Asset Grab

    Private utility entity Aqua Pennsylvania asked a Pennsylvania bankruptcy judge to reject the City of Chester's proposed Chapter 9 plan, saying the city is trying to "commandeer" water and sewer assets in which Aqua has an interest.

  2. September 09, 2024

    Red Lobster Plan Confirmed, Big Lots Leads New Ch. 11s

    A string of new Chapter 11 bankruptcies were recently launched in Delaware, including a case from national discount home goods retailer Big Lots, which plans to pursue a going-concern sale. Meanwhile, seafood dining chain Red Lobster is on track to hand over the reins to a new group of owners, led by a secured lender, after the debtor secured confirmation of its Chapter 11 plan.

  3. September 05, 2024

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

    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 docketed without consulting their committee that represents the largest creditor group.

  4. March 06, 2024

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

    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 sale, saying it would require her to answer questions that are on appeal from a similar motion she nixed last year.

  5. January 29, 2024

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

    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 troubled town of Chester's finances and day-to-day operations.

  6. November 01, 2023

    Bankrupt Philly Suburb Wins $1.45M It Pledged To Bondholder

    A Pennsylvania federal judge on Wednesday ruled that certain revenues going to the bankrupt city of Chester were not subject to liens and therefore should not be diverted to pay down its municipal bonds, directing $1.45 million of disputed funds to be turned over to the city.

  7. October 18, 2023

    Philly Suburb Officials Told To Ask State Court For Ch. 9 Fees

    A Pennsylvania bankruptcy court judge told the elected officials of Chester, Pennsylvania, on Wednesday that they will have to go to state court with their attempt to make the city's state-appointed receiver pay the more than $84,000 in legal fees they've racked up in the bankruptcy case.

  8. August 15, 2023

    Bankrupt Pa. City Reneged On Retirees' Atty Fees, Court Told

    The bankrupt city of Chester, Pennsylvania, shouldn't get to pull a "bait and switch" to get out of its responsibility to pay half a million dollars' worth of legal fees of retired city workers, its largest group of creditors, the retirees have told a Pennsylvania bankruptcy court.

  9. June 13, 2023

    Chester, Pa. Water Authority Customers Can't Form Committee

    A Pennsylvania bankruptcy judge ruled in favor of the bankrupt city of Chester on two of its requests Tuesday, giving Chester permission to pay fees to lawyers and other professionals and quashing a bid from customers of the city's water authority to form a committee representing their interests.

  10. May 15, 2023

    Judge Keeps Pause In Place For Pa. Sewage Plant Sale

    A Pennsylvania bankruptcy judge Monday said she won't unpause proceedings on the sale of a sewage treatment plant in the bankrupt Pennsylvania city of Chester, saying disputes over the rights to the pipes feeding into the plant are likely to spiral into litigation.