City leaders have taken a step toward bankruptcy, soliciting proposals from law firms that specialize in Chapter 9, which protects financially strapped municipalities.
The city is reviewing several firms and could hire an attorney as early as this week, sources with knowledge of the plans said.
Mayor Luke Bronin has hinted for months that Hartford could file for bankruptcy, and said during his budget release in April that he was "not in a position to rule anything out."
He confirmed Tuesday that the city was looking at firms.
http://www.courant.com/community/hartford/hc-hartford-bankruptcy-lawyer-20170509-story.html
Hartford, CT - 'The Insurance Capital of the World' : i wonder how many weather related claims they will payout? i would want to be at the head of the line...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit