Bankruptcy Lawyer Weighs In On Harrisburg’s Plight – msnbc.com

October 13, 2011 Posted By: Leave a comment
"Federal bankruptcy code is a federal statute," he said. "It preempts state law to that extent. I believe it will prevent a state takeover." Chernicoff said that doesn't mean the city can walk away from its $310 million debt. The city will have ...
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