Emergency Manager Law
Bankruptcy attorney and turnaround specialist Kevyn Orr arrived downtown Detroit this morning for his first day on the job as emergency financial manager.
The Reverend Jesse Jackson was in Detroit today — arguing against the appointment of an Emergency Financial Manager in the city.
The Detroit City Council has dropped out of the fight, but others will challenge the state’s appointment of an emergency financial manager.
It could come Friday, when a cadre of officials makes the announcement from Lansing.
A judge says the Detroit school board has authority over academic policies, at least for the next five weeks before a new emergency manager law kicks in.
Gov. Rick Snyder says he plans to sign a revised emergency manager bill that replaces a similar law rejected last month by voters.
Michigan lawmakers have approve a new emergency manager law, just one month after voters rejected a previous version.
The Republican-controlled Michigan House on Wednesday approved a replacement for an emergency manager law struck down by voters in the November election.
A GOP-led state House panel approved a proposed replacement Thursday for an emergency manager law rejected by Michigan voters, despite concerns of critics who argued the process was rushed and the legislation subverts the will of the electorate.
Detroit’s budget deficit exceeds $200 million and Michigan treasurer Andy Dillion says the city’s finances are eroding quicker than expected.