Federal Judge Steven Rhodes has ruled that, under law, pensions can be cut in Detroit’s bankruptcy.
One hundred noisy protesters marched while they awaited a judge’s decision on whether Detroit is eligible for bankruptcy.
A ruling was supposed to be announced Wednesday regarding a deal to borrow $210 million to fix Detroit’s busted lights.
Federal Judge Steven Rhodes will announce his decision on Detroit’s eligibility Tuesday.
The group that includes AFSCME Michigan Council 25 said in its motion that Emergency Manager, Kevyn Orr is not moving “aggressively enough to monetize the art.
A decision in favor of eligibility would mean the case would turn to how Detroit can fix $18 billion in debt.
Although they haven’t offered specifics, officials predict a “free-fall crisis” if the city is found ineligible for bankruptcy.
“Whatever authority I have to run the city depends on my ability to persuade the governor and the emergency manager that I can improve the quality of life faster than is being done right now,” Duggan said.
Al Hunt and Bobby Sullivan agreed they don’t care who runs it, as long as the park stays beautiful.
The state’s proposal is to lease the island for 30 years, while the Detroit City Council is proposing a 10 year lease.