PROF NOTE: As faculty advisor to the Widener Law Journal, I am honored to moderate the panel on Financing Municipalities with panelists Christine Sgarlata Chung, Associate Professor, Albany Law School, Randle B. Pollard, Assistant Professor, Indiana University Kelley School of Business and David Unkovic, McNees Wallace & Nurick, LLC.
Municipal financial distress is a problem of enormous importance both nationally and in Pennsylvania. Detroit recently filed the largest municipal bankruptcy case in history, 21 cities in Pennsylvania are in Act 47, the Municipalities Financial Recovery Act program, and Harrisburg is on its way to recovery after operating in receivership for over two years.This symposium, presented on Monday April 14, 2014 by the Widener Law Journal of Widener University School of Law’s Harrisburg, Pennsylvania Campus, will explore the causes of municipal distress and approaches to alleviating the problem. Reducing existing debt is not enough; policymakers must think creatively about municipal structure, finance, and expenditures. The invited speakers include experts in state and local government law, municipal finance and tax issues, public pensions, and Chapter 9 bankruptcy.The symposium (which offers six CLE credits and valuable networking opportunities) will provide a unique opportunity for nationally recognized scholars in a variety of areas related to municipal financial distress to exchange ideas with professionals involved in Harrisburg’s recovery.