A Harrisburg law firm that served as bond counsel for a midstate school district will remain a third-party defendant in the school district’s legal dispute with its bank, a federal judge in Pennsylvania has ruled, while dismissing the district’s solicitor from the case.
In the wake of a construction project that fell through, the State College Area School District is seeking a declaratory judgment that its agreement with the bank is invalid. The bank is countering that if the agreement is ruled invalid, the school district’s bond counsel, Rhoads & Sinon, would be liable to the bank for negligent misrepresentation.
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