bankruptcy

(credit: Bill Pugliano/Getty Images)

Judge Rules Detroit Eligible For Bankruptcy, Says Pensions Can Be Cut

Federal Judge Steven Rhodes has ruled that, under law, pensions can be cut in Detroit’s bankruptcy.

WWJ Newsradio 950–12/03/2013

Protesters gather outside the federal courthouse in Detroit where a bankruptcy trial is underway. (Credit: Vickie Thomas/WWJ Newsradio 950)

Protests Continue, Analysts Testify In Detroit Bankruptcy Trial

“This entire process is illegal and it should be thrown out by Judge Rhodes.” said one protester.

WWJ Newsradio 950–10/24/2013

Bankruptcy Not An Option In Allen Park

The city’s emergency manager says after reforms and contract adjustments, Allen Park will avoid filing for Chapter 9 protection.

WWJ Newsradio 950–09/05/2013

Spirit of Detroit. (Stelickphotos)

Advisory Committee Formed To Represent Interests Of City Retirees And Their Pensions

There are more than 20,000 Detroit city retirees whose pensions hang in the balance as the city moves through bankruptcy.

WWJ Newsradio 950–08/20/2013

Creditors File Objections To Detroit Bankruptcy

The city’s biggest employee union, retirees and even a few dozen residents filed objections Monday to Detroit’s request for bankruptcy protection.

WWJ Newsradio 950–08/20/2013

3 Governments In Mich. Pull Planned Bond Sales

The decisions come amid concern that Detroit’s bankruptcy will make it more difficult for communities to borrow money.

WWJ Newsradio 950–08/09/2013

(Credit: Bill Pugliano/Getty Images)

Judge Proposing Deadlines In Detroit Bankruptcy

Thejudge overseeing Detroit’s bankruptcy case opened Friday mornings second day of hearing by announcing that he doesn’t run city hall.

WWJ Newsradio 950–08/02/2013

Union members protest outside during the City of Detroit's bankruptcy hearing at the U.S. Courthouse July 24, 2013 in Detroit, Michigan. (Credit: Bill Pugliano/Getty Images)

Detroit Bankruptcy Another Setback For Unions

If the city’s gambit succeeds, it could jeopardize an important bargaining tool for unions, which often have deferred higher wages in favor of more generous pensions and health benefits.

WWJ Newsradio 950–07/27/2013

(Credit: CBS 62)

Michigan Matters: Judge Greg Mathis

This week on Michigan Matters, host Carol Cain invites Judge Greg Mathis to the interview set and the roundtable for a lively discussion on Detroit’s bankruptcy issues. Business Executive Denise Ilitch and John Truscott of Truscott/Rossman Public Relations join in the conversation.

CBS 62–07/26/2013

Judge Holds First Hearing In Detroit Bankruptcy

A judge is expected to make a key decision, Wednesday afternoon. in the Detroit bankruptcy case.

WWJ Newsradio 950–07/24/2013

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