Outgoing Detroit Mayor Dave Bing says he remains convinced the state could have done more to help Detroit avoid bankruptcy.
Attorneys gave closing arguments Friday in a rare trial to determine whether Detroit can become the largest municipality to fix its finances in bankruptcy court.
Detroit Emergency Manager Kevyn Orr will not make changes to city employee retiree benefits as planned January first.
Detroit’s bankruptcy trial is entering its eighth day with the return of former Michigan Treasurer Andy Dillon to the witness chair.
Andy Dillon, who resigned his position last week, was called as a trial witness by unions opposed to Detroit’s Chapter 9 filing.
Unions and pension funds are asking Rhodes to throw out Detroit’s Chapter 9 filing or at least protect the pensions of city retirees.
With the debates now over – what will the final hours of this historic Detroit Mayoral election between Mike Duggan and Benny Napoleon bring? And why are Governor Rick Snyder and EM Kevyn Orr paying […]
“Orr is under cross-examination by union attorneys. He’s coming under fire for supporting cuts in retirees’ pensions …”
Detroit’s Emergency Manager and police chief both testified Friday about the city’s high crime, blight and the deplorable conditions.
State-appointed emergency manager Kevyn Orr has named a former Detroit-area restructuring executive as his deputy.