Harrisburg Aims To Pay Bank $1.9M From Western Auction

Law360, Philadelphia (September 18, 2013, 5:37 PM ET) -- Harrisburg's state-appointed receiver on Tuesday asked a Pennsylvania judge permission to give creditor Metro Bank at least $1.9 million obtained through the auction of the city's collection of Wild West artifacts, in order to repay a loan associated with the city's bungled waste-to-energy project.

The financially beleaguered capital city, whose financial restructuring is being handled by state-appointed receiver Maj. Gen. William Lynch, owes the bank a total of nearly $2.5 million, as part of $345 million in debt from the municipal project. The sum is the...
To view the full article, register now.

Dewey Verdict Watch

Follow our exclusive coverage of the trial of the year:

Dewey Trial Day 70