Detroit’s bankruptcy trial is entering its eighth day with the return of former Michigan Treasurer Andy Dillon to the witness chair.
Andy Dillon, who resigned his position last week, was called as a trial witness by unions opposed to Detroit’s Chapter 9 filing.
A vocal group opposed to the proposed consent agreement in Detroit attempted to get into the downtown office of State Treasurer Andy Dillon.
While there’s no official timeline to appoint a financial review team to look deeper into Detroit’s money problems, who might be in that group once it’s put together?
Detroit is now one step closer to the possible appointment of an emergency manager. The State of Michigan has been pouring over the city’s financial situation and finds “probable” distress exists.
Some of Detroit’s top officials met with union reps behind closed doors Wednesday to talk about a financial fix.