Covanta Energy Says Pa. Capital Can't Seek Bankruptcy

Law360, New York (October 26, 2011, 4:55 PM EDT) -- A Covanta Energy Corp. unit on Wednesday objected to Harrisburg, Pa.'s recent Chapter 9 bankruptcy petition, saying the city is prohibited by state law to file for bankruptcy.

Covanta Harrisburg Inc., which is owed $23.6 million by the Pennsylvania capital, asked the bankruptcy court to dismiss the city's petition because state law specifically prohibits financially distressed cities of a so-called third class from filing for bankruptcy relief before July 1, 2012.

"The bankruptcy code, in deference to the Tenth Amendment of the U.S. Constitution, does not...
To view the full article, register now.




Case Information

Case Title

City of Harrisburg, PA

Case Number



Pennsylvania Middle

Nature of Suit

Date Filed

October 11, 2011

Law Firms


UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.