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Courts in municipal bankruptcy cases have confronted the inherent vagueness in the statutory tests for municipal “insolvency” by embracing a test of “service delivery insolvency.” That test is typically evaluated in terms of a significant reduction in the availability of city services....
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This short paper is fundamentally a reflection on the subject, a medium size Italian municipality, that one of Terni, with about 110.000 inhabitants (number rather stable from 2000), about 1.000 employees and a budget (2008) of €370 million. This municipality has 3 fully owned corporations,...
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When a municipality is the debtor, as is the case in chapter 9 municipal bankruptcies, one might assume that the law recognizes community/taxpayer interests at all stages of chapter 9 proceedings. That assumption would be incorrect. Unlike bondholders, public employees (active and retired), and...
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The question of what equal protection standard ought to be applied in a municipal services case has continued to trouble both the courts and attorneys. Viewing the problem from the vantage point of plaintiff's counsel, the author analyzes the effect that the then-recent school financing case,...
Persistent link: https://www.econbiz.de/10013061371
The objective of this report is to provide background and context on the housing and utilities sector in Belarus, focusing in particular on Bank-funded Water, Waste management, and biomass-based district heating projects. The report aims to assess the existing Social Accountability (SA)...
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