creditors

Detroit downtown

Settlement Plan Moving Forward Between Syncora, City Of Detroit In Bankruptcy Proceedings

Detroit and bond insurer Syncora finished the deal announced last Tuesday to settle over $400 million in claims.

WWJ Newsradio 950–09/15/2014

Detroit Institute Of Arts

DIA Statement: Supports Grand Bargain, Raises Objections To Detroit Creditors’ Demands

The Detroit Institute of Arts has filed a response to objections by Detroit creditors to the Grand Bargain.

WWJ Newsradio 950–05/28/2014

A man looks at a painting at the Detroit Institute of Arts (DIA) on September 3, 2013. (Credit: Andrew Burton/Getty Images)

Detroit Creditor Seeks DIA Documents, Other Records

One of Detroit’s creditors is seeking documents related to pieces in the city’s art museum.

WWJ Newsradio 950–03/29/2014

Detroit’s Debt Restructuring Plan ‘Complicated’

The plan has been touted as the blueprint for Detroit’s future and key in the city’s sojourn through the largest municipal bankruptcy in U.S. history.

WWJ Newsradio 950–02/01/2014

Moody’s: Detroit Missed Oct. 1 Bond Debt Payment

Detroit, not unexpectedly, has defaulted on its most recent general obligation bond debt payment.

10/02/2013

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

Detroit's Emergency Manager spokesperson Bill Nowling. (WWJ/Pat Sweeting)

The Tour Of Detroit Is Off Says EM Kevyn Orr

Detroit’s Emergency Manager has called off a controversial tour of Detroit that was aimed at drawing sympathy from the city’s biggest creditors.

WWJ Newsradio 950–07/09/2013

Detroit’s Emergency Manager To Meet With Creditors

Creditors, bond holders and unions are meeting with Detroit’s state-appointed emergency manager Friday to hear his plan to keep the city out of Chapter 9 bankruptcy.

WWJ Newsradio 950–06/14/2013

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