Harrisburg Says It's Ready To End Receivership

Law360, Philadelphia (February 05, 2014, 3:20 PM ET) -- Pennsylvania’s state capital on Wednesday announced its support for the state’s bid to release the financially troubled city from receivership, saying that it was well-equipped to continue implementing a fiscal recovery plan aimed at pulling it out of debt largely incurred from a municipal incinerator project.

The city of Harrisburg told Commonwealth Court Judge Bonnie Brigance Leadbetter that it was capable of moving forward on the Harrisburg Strong Plan, which is aimed at pulling it out of $360 million in debt, even without the oversight of the...
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