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HARRISBURG AUTHORITY v. CIT CAPITAL USA, INC.

Civil No. 4:08-cv-180.

869 F.Supp.2d 578 (2012)

The HARRISBURG AUTHORITY, et al., Plaintiffs, v. CIT CAPITAL USA, INC., et al., Defendants.

United States District Court, M.D. Pennsylvania.

June 27, 2012.

Attorney(s) appearing for the Case

Ronald M. Katzma, Royce L. Morris, Steven E. Grubb, Goldberg Katzman, P.C., Charles B. Zwally, Ronald L. Finck, Mette, Evans & Woodside, Harrisburg, PA, Daniel Lawrence Sullivan, Saidis Sullivan Law, Carlisle, PA, for Plaintiffs.

Norman E. Greenspan, Stephanie C. Chomentowski, Blank Rome LLP, Philadelphia, PA, for Defendants.

MEMORANDUM OPINION

JOHN E. JONES III, District Judge.

I. FACTUAL BACKGROUND

The case sub judice involves The Harrisburg Authorities' ("THA") project to upgrade and modernize the Harrisburg Materials, Energy, Recycling and Recovery Facility, a trash-to-steam waste treatment facility ("the incinerator"). (Doc. 35 ¶¶ 1, 10). To finance the incinerator project, THA issued a series of bonds, including its Guaranteed Resource Recovery...

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