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Detroit bankruptcy

Michigan State Senate Chamber in Lansing (credit: istock)

Senate Panel To Consider Detroit Bankruptcy Bills

A committee in the Michigan Senate is poised to vote on legislation to provide $195 million in state money to help bankrupt Detroit’s retirees and city workers.

WWJ Newsradio 950–06/03/2014

A home up for auction in Detroit. (credit: Vickie Thomas/WWJ)

Interest In Detroit Home Auction Sends Site Crashing During Bidding War

An online bidding war sparked growing virtual interest — crashing a Detroit auction website.

WWJ Newsradio 950–06/02/2014

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

(Credit: CBS 62)

Mayor Duggan: ‘We’re On Our Way’ After MI House Approves Detroit Bankruptcy Funds

Detroit Mayor Mike Duggan says he believes it really helped out that he and city council showed a unified front in supporting the measure, approved by the Michigan House on Thursday.

WWJ Newsradio 950–05/22/2014

(credit: istock)

Michigan Panel Approves Detroit Bankruptcy Bills Pledging $195M In State Funds

Michigan lawmakers have taken an initial step toward helping bankrupt Detroit by committing $195 million in state money to protect city retirees from steep pension cuts.

WWJ Newsradio 950–05/21/2014

(credit: istock)

JPMorgan Chase To Pump $100 Million Into Detroit

“You couldn’t ask for a better time to bring these dollars in.”

WWJ Newsradio 950–05/21/2014

(credit: Bill Pugliano/Getty Images)

Koch Brothers Group Prepares To Fight Detroit Deal

The effort to torpedo a proposed settlement in the Detroit bankruptcy case could complicate chances for completing the deal, just as its prospects seemed to be improving.

WWJ Newsradio 950–05/20/2014

(credit: istock)

Detroit Retirees Sound Off To State Committee On City’s Grand Bargain

Members of the public testify at a committee hearing in Lansing over Detroit’s “Grand Bargain” and the state’s possible $195-million contribution to the city’s bankruptcy plan.

WWJ Newsradio 950–05/15/2014

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

Judge Rules Detroit Bankruptcy Creditors Can’t Take DIA Art Off Walls For Inspection

Museum attorney Arthur O’Reilly said inspecting fragile art is risky.

WWJ Newsradio 950–05/15/2014

Detroit Emergency Manager Kevyn Orr. (Photo by Bill Pugliano/Getty Images)

Will Detroit Get State Money? Lawmakers Hold Hearings In Lansing

Michigan lawmakers are considering legislation to provide state aid to help settle Detroit’s bankruptcy.

WWJ Newsradio 950–05/13/2014