City of Chester, Pennsylvania

  1. March 15, 2023

    Judge Upholds Ch. 9 Restructuring Bid For Struggling Pa. City

    In a ruling that found Chester, Pennsylvania, a near-poster child for the municipal debt restructuring protections of the Bankruptcy Code, a state bankruptcy judge has rejected multiple objections to a city receiver's bid for Chapter 9 debtor eligibility.

  2. February 27, 2023

    Bankrupt Pa. City Gets OK To Reject Key Parking Contract

    A judge Monday gave the bankrupt city of Chester, Pennsylvania, permission to reject its private parking enforcement contract and said the bankruptcy stay will block the sale of a sewage plant unless the city and the buyer can work out who will own which pipes.

  3. February 13, 2023

    Pa. City's Receiver Empowered To File Ch. 9, Court Told

    Counsel for the receiver appointed to handle the finances of Chester, Pennsylvania, argued during a hearing Monday in federal court that he had the authority to seek bankruptcy on behalf of the city without its elected officials' say-so.

  4. January 24, 2023

    Court Lets Bankrupt Pa. City Finance Its Insurance Premiums

    A federal bankruptcy court cleared the city of Chester, Pennsylvania, on Tuesday to finance its insurance premiums and keep several of its policies active into the new year Tuesday, adding FIRST Insurance Funding to the Philadelphia suburb's creditors with secured claims if it misses its payments.

  5. January 03, 2023

    Judge OKs Retiree Committee In Philly Suburb's Bankruptcy

    A Pennsylvania bankruptcy judge on Tuesday ordered the appointment of a committee to represent retired employees of the city of Chester in its Chapter 9 bankruptcy, after hearing no objections from any of the parties in the case.

  6. November 22, 2022

    Chester Bankruptcy Won't Stop Council's Clash With Receiver

    A federal bankruptcy judge said she lacks jurisdiction to stop a case in the Commonwealth Court of Pennsylvania over whether a receiver's recovery plan for the struggling City of Chester strips too many powers from elected officials, lifting a stay Tuesday that had been triggered by the city's Nov. 10 bankruptcy declaration.

  7. November 15, 2022

    Pennsylvania City Plans Bankruptcy Exit With New Business

    An attorney for the financially beleaguered city of Chester, sitting just outside Philadelphia, told a bankruptcy judge Tuesday that the city planned to crawl out of debt by attracting businesses and industry, as well as bringing the city's privatized water system back under municipal control.

  8. November 10, 2022

    Philly Suburb Hits Ch. 9 As Deficits Eclipse Growth

    The struggling city of Chester, Pennsylvania, filed for Chapter 9 bankruptcy Thursday, after 27 years in financially distressed status under state law and buckling beneath pension obligations.