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Detroit's $85M UBS, Merrill Lynch Swaps Deal Wins Approval

By Maria Chutchian · April 11, 2014, 2:34 PM EDT

Detroit on Friday received court approval of its $85 million settlement with UBS AG and Bank of America Corp.'s Merrill Lynch Capital Services LLC to end a swaps agreement, an achievement...

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Case Information

Case Title

City of Detroit, Michigan

Case Number

2:13-bk-53846

Court

Michigan Eastern

Nature of Suit

Date Filed

July 18, 2013

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