The city of Chester, Pa., sued the Delaware County Regional Water Quality Control Authority and Aqua Pennsylvania to halt a planned asset sale that it says violates longstanding agreements and harms its ability to monetize its rights.
The Delaware County water authority is trying to transfer assets subject to a 1973 agreement to Aqua without the city’s consent, violating the contract’s anti-assignment clause, the city argued in a Feb. 6 complaint in the US Bankruptcy Court for the Eastern District of Pennsylvania.
Chester, which filed for Chapter 9 bankruptcy in 2022, filed a debt adjustment plan two years later that ...
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