Kevyn Orr

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

(Credit: Bill Pugliano/Getty Images)

Detroit Bankruptcy Trial On Hold After Deal With Major Creditor

A judge has suspended Detroit’s bankruptcy trial until Monday to give the city more time to work out details of a settlement with a major creditor.

WWJ Newsradio 950–09/10/2014

The Ambassador Bridge, which links Detroit to Windsor, Canada, is shown June 15, 2012 in Detroit, Michigan.  (credit: Bill Pugliano/Getty Images)

Detroit EM To Go Ahead With Land Sale For New US-Canada Bridge Despite Objections

Under Michigan state law, Kevyn Orr has the power to veto Detroit City Council’s vote and go ahead with the $1.4 million sale.

WWJ Newsradio 950–09/10/2014

Federal Court In Detroit (Photo by Bill Pugliano/Getty Images)

Detroit, Key Bankruptcy Plan Opponent Reach Deal

The joint filing by the city and bond insurer Syncora Guarantee said that they “have reached an agreement in principle” to settle the company’s $400 million claim in the nation’s largest-ever municipal bankruptcy case.

WWJ Newsradio 950–09/09/2014

Federal Court In Detroit (Photo by Bill Pugliano/Getty Images)

Detroit’s Historic Bankruptcy Trial Begins

“All the revenue sources creditors can reach and are permitted to reach are exhausted,” Bennett told Judge Steven Rhodes.

WWJ Newsradio 950–09/02/2014

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

Creditor Opposes Detroit Debt Plan, Says Scrap It

Syncora Guarantee said in a court filing that the plan put together by state-appointed emergency manager Kevyn Orr and attorneys hired by the city is unfair.

WWJ Newsradio 950–08/12/2014

(credit: istock)

Detroit Emergency Manager Solicits Parking Bids Despite Council’s Objection

Kevyn Orr is moving ahead with a plan to privatize the city’s parking department despite the City Council’s rejection of the proposal.

WWJ Newsradio 950–08/06/2014

(credit: istock)

Detroit Mayor Promises Change As He Takes Control Of Water Department

Mayor Mike Duggan is getting more control over city operations — including the embattled water department.

WWJ Newsradio 950–07/29/2014

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

Detroit Retirees Vote In Favor Of Pension Cuts

A judge still must hold a trial to determine if Detroit’s overall bankruptcy plan is fair and feasible, but support from retirees is vital.

WWJ Newsradio 950–07/21/2014

(credit: istock)

Voting Results On Pension Cuts By City Employees And Retirees Expected Today

More than 30,000 retirees and current and former workers were eligible to vote on pension changes.

WWJ Newsradio 950–07/21/2014

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