PROVIDENCE, R.I. (AP) — The state receiver in Central Falls whose law firm had been advising financially troubled Providence on paring pension benefits said Tuesday he was given no reason when Providence severed its ties with his firm — and that he does think the capital can avoid bankruptcy.
Robert G. Flanders Jr. told The Associated Press that city lawyer Jeffrey Padwa called him Monday afternoon and said that the services of Hinckley Allen & Snyder, where he is a partner, were no longer needed.
Providence Mayor Angel Taveras later issued a statement saying that recently reported comments by Flanders on Providence's fiscal crisis had caused harm and were "unacceptable."
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
