#Latest news with #municipalbankruptcyBloomberg25-06-2025BusinessBloombergSmall City in Washington State Files Rare Bankruptcy Over Developer DisputeA small city in Washington State filed a rare municipal bankruptcy after failing to reach an agreement with a developer over a $26 million court judgment. Cle Elum, a city of 2,200 about 80 miles east of Seattle, said it couldn't afford to pay the debt to developer City Heights Holdings LLC, and was insolvent.
Bloomberg25-06-2025BusinessBloombergSmall City in Washington State Files Rare Bankruptcy Over Developer DisputeA small city in Washington State filed a rare municipal bankruptcy after failing to reach an agreement with a developer over a $26 million court judgment. Cle Elum, a city of 2,200 about 80 miles east of Seattle, said it couldn't afford to pay the debt to developer City Heights Holdings LLC, and was insolvent.
25-06-2025
