Judge OKs Receiver To Manage Harrisburg's Books

Law360, New York (December 2, 2011, 7:19 PM EST) -- A Pennsylvania judge on Friday appointed a governor-nominated receiver to handle the budget of the state capital Harrisburg, giving him 30 days to come up with a plan to fix the city's finances.

David Unkovic, a former Cozen O'Connor attorney with 30 years of experience as a bond counsel, must implement an emergency reorganization plan developed by the secretary for Pennsylvania's Department of Community and Economic Development, Commonwealth Court Judge James R. Kelley said.

The move completes a state takeover of its capital's fiscal affairs, a...
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