Harrisburg Receivership's Extension Wins Court Approval

Law360, New York (November 27, 2013, 4:03 PM EST) -- A Pennsylvania appeals court agreed Wednesday to allow the state's financially beleaguered capital to remain under the control of a fiscal receiver for another two years as the city of Harrisburg struggles to restructure debt stemming from a failed incinerator project.

Pennsylvania Commonwealth Court Judge Bonnie Brigance Leadbetter granted an application from C. Alan Walker, secretary for the Department of Community and Economic Development, requesting that the court extend the receivership for Harrisburg.

As such, Maj. Gen. William B. Lynch will remain Harrisburg’s receiver until 2015,...
To view the full article, register now.