April 02, 2025
A Pennsylvania bankruptcy judge on Wednesday scuttled a request from the Chester Water Authority for a stay pending appeal of an order to produce documents to the bankrupt city of Chester, saying the utility hadn't shown the order should be frozen.
March 11, 2025
The Chester Water Authority has asked a Pennsylvania bankruptcy court for a stay pending appeal of an order to produce documents to the bankrupt City of Chester, which seeks to sell off the utility's assets, saying the order was unconstitutional.
February 12, 2025
A Pennsylvania bankruptcy judge gave the ailing city of Chester the green light Wednesday to probe a water utility about its assets, but stopped short of allowing the city under Chapter 9 protection to share the information or allowing an auditor to visit the utility's property.
January 02, 2025
Pennsylvania's Delaware County has asked the Third Circuit to undo a bankruptcy court's ruling that the financially ailing city of Chester is excused from paying the county revenue from gambling taxes because of the city's Chapter 9 proceedings, despite an ordinance mandating that the county get a cut of the money.
October 04, 2024
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.
September 09, 2024
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.
September 05, 2024
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.
March 06, 2024
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.
January 29, 2024
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.
November 01, 2023
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.