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Court: Hatfield Twp Can Get THP Bond Money

dollarsCommonwealth Court has ruled that Hatfield Township is entitled to collect bond money from an insurance company for a housing development that TH Properties left unfinished. The court says Lexon Insurance will have to pay the township $521,000 from a $1.2 million bond, but the township will not be able to get the money right away because of a technicality in an earlier Montgomery County Court ruling.  Lower Salford-based THP filed for Chapter Eleven bankruptcy reorganization about two years ago, and the trustee overseeing the case  recommended liquidating the company’s assets under Chapter Seven of the federal bankruptcy laws, but now that recommendation has been withdrawn.  The company says it is still under Chapter Eleven, and it is working to get exit financing.
Travis Wetzel Would love to perform on Echos of an Era again ! The Travis Wetzel Duo is doing a music program at The Lansdale Train Station Sept. 17th 12noon-1:15pm Please spread the word Travis Wetzel Music
WNPV AM 1440 Have you caught Jeff Nolan's high school football previews in the morning? WNPV's high school football schedule begins this Friday night when LaSalle College comes to North Penn starting at 7:30 PM.
WNPV AM 1440 Do you have legal questions? Jot them down and then call WNPV tomorrow between 11:10 and noon when Liam Duffy and Andy Levin from Rubin, Glickman, Steinberg and Gifford will provide free legal answers on "Legally Speaking" right here on 1440 AM! Call 215-855-8211 or 800-355-9678 between 11:10 and 12 noon tomorrow.

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