City of Detroit, Michigan

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Case overview

Case Number:

2:13-bk-53846

Court:

Michigan Eastern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

September 10, 2013
Michigan Governor Will Testify In Detroit Bankruptcy

Michigan Gov. Rick Snyder on Tuesday agreed to be deposed in Detroit's bankruptcy proceedings on matters surrounding the city's insolvency, despite the state's previous efforts to avoid such questioning from unions and pension systems.
September 09, 2013
Detroit Says Ch. 9 Opponents Are Inventing Requirements

Lawyers for Detroit hit back Friday at the 100-plus objections to its Chapter 9 eligibility bid, saying the unions, pensions and bondholders challenging its bankruptcy are ignoring key facts and inventing standards for bankruptcy protection that don't exist.
September 03, 2013
Detroit Unions Say Mich. Gov. Must Comply With Subpoena

Public workers and retirees in Detroit on Saturday fought back against Michigan's efforts to keep its governor from being forced to answer questions about the city's bankruptcy filing, as the fight over the city's eligibility for Chapter 9 protection continues.
August 29, 2013
Dentons To Steer Detroit Retirees In Ch. 9

Detroit's retirees have tapped Dentons US LLP to defend its interests in the nation's largest-ever municipal bankruptcy case to date, a challenging undertaking as the fate of the group's pension and medical benefits remains uncertain.
August 27, 2013
Detroit Ch. 9 Judge Won't Hear Key Argument From Retirees

A Michigan bankruptcy judge said Monday that he will allow discovery on several issues surrounding Detroit's bid for Chapter 9 eligibility, but that he will not consider a popular argument among retirees that the city's filing violates a constitutional protection of their accrued benefits.
August 26, 2013
Detroit, Syncora Sent Into Mediation Over Swaps Dispute

A Michigan federal judge on Friday ordered Detroit to enter mediation with Syncora Guarantee Inc. and other parties surrounding a settlement that will terminate swap agreements between its retirement corporations and UBS AG and Merrill Lynch Capital Services LLC.
August 19, 2013
Detroit Unions Attack City's Bid For Bankruptcy Eligibility

Detroit's public employee and retiree unions on Monday launched an attack on the city's effort to convince a bankruptcy court that it is eligible for Chapter 9 protection, looking to keep their members from being forced into enormous concessions.
August 16, 2013
Judge Orders Detroit, Unions Into Mediation Talks

A Michigan federal judge involved in Detroit's insolvency proceedings on Friday ordered the city and several unions into mediation in order to sort out the renegotiation of collective bargaining agreements.
August 14, 2013
Mich. County Threatens To Ax $10M Support If Detroit Sells Art

A Michigan county may cut off its share of $23 million in funding to the Detroit Institute of Art if the bankrupt city decides to sell a portion of the museum's collection, warning the city as it eyes art value in it efforts to tackle $11.5 billion of debt.
August 13, 2013
Judge Appointed To Mediate In Detroit Bankruptcy

The bankruptcy judge presiding over Detroit's insolvency proceedings on Tuesday appointed a chief federal judge in Michigan to mediate disputes that may arise in the contentious case.

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