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Harrisburg, Pa., Files For Bankruptcy, Citing $310 Million Incinerator Debt, Lawsuits

HARRISBURG, Pa. - (Mealey's) The City of Harrisburg filed for Chapter 9 bankruptcy on Oct. 11, citing a $310 million debt from projected budget deficits combined with outstanding bond issues related to financing the city obtained for its trash incinerator, which processes waste into steam and electrical...

Federal Judge Sanctions TD Bank, Greenberg Traurig for 'Simply Incredible' Discovery Errors

A Florida federal court judge imposed sanctions against TD Bank and its law firm, Greenberg Traurig, for "willfully" hindering and obfuscating the production of evidence that painted a much more culpable role of TD Bank in Scott Rothstein's $1.2 billion Ponzi scheme. The order by United...

Florida Federal Judge Approves TD Bank's $62 Million Settlement In MDL Overdraft Fees Litigation

MIAMI - (Mealey's) A federal judge in Florida on March 18 approved TD Bank NA's $62 million settlement that will allow the bank to exit a multidistrict litigation in which class members allege that several banks manipulated the order of debit card transactions to maximize checking account overdraft...