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Mealeys

MLex

City of Detroit, Michigan

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Case overview

Case Number:

2:13-bk-53846

Court:

Michigan Eastern

Nature of Suit:

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  1. August 08, 2013

    Mich. County Calls Off $60M Bond Sale With Detroit In Ch. 9

    Michigan's Saginaw County has called off a planned $60 million bond offering that was scheduled for Thursday, in an indication that Detroit's unprecedented Chapter 9 case is having reverberating effects on the municipal bond market across the state.

  2. August 02, 2013

    Detroit Retiree Committee Gets Judge's Green Light

    Detroit's bumpy road ahead in bankruptcy came into focus Friday at a court hearing where a committee was approved to represent city retirees whose pension and medical benefits are on the chopping block, as many creditors pushed back against the tight schedule proposed for the case.

  3. July 31, 2013

    Detroit Retirees Bash Proposed Committee Selection

    Two Detroit retirement groups on Tuesday urged a Michigan bankruptcy judge to block the city and unions from selecting a committee of retired employees, arguing that the trustee should have sole discretion in determining who will represent the interests of one of Detroit's largest creditors.

  4. July 30, 2013

    Detroit Ch. 9 Judge Sets March Deadline For $18B Debt Plan

    A Michigan bankruptcy judge said Tuesday that Detroit would have until March 1 to address its $18 billion in debt, a proposed deadline that would follow an October trial if the financially stalled Motor City survives challenges to its Chapter 9 eligibility.

  5. July 29, 2013

    Mich. AG Will Defend Retirees In Detroit Ch. 9 Case

    Michigan Attorney General Bill Schuette on Monday joined Detroit's epic bankruptcy case to defend retirees who are resisting the city's efforts to reduce its obligations to them, saying the state constitution clearly protects them from such actions.

  6. July 24, 2013

    Detroit Bankruptcy Judge Halts State Court Challenges

    The Michigan bankruptcy judge overseeing Detroit's unprecedented Chapter 9 case on Wednesday granted the city's request that pending litigation brought by employees and retirees challenging its bankruptcy filing be put on hold.

  7. July 22, 2013

    Calif. Ch. 9 Cases Will Guide Detroit On Eligibility Issues

    The California municipal bankruptcies of Stockton and San Bernardino will provide guideposts for Detroit as it navigates the eligibility process in its Chapter 9 case, but the Michigan city's ability to establish that it's eligible as a debtor is complicated by a state judge's finding last week that its bankruptcy petition was unconstitutional, according to experts.

  8. July 22, 2013

    Detroit Bankruptcy Judge Won't Delay Proceedings

    The newly appointed bankruptcy judge overseeing Detroit's Chapter 9 case on Monday cast aside retirees' efforts to halt the insolvency proceedings, saying he has jurisdiction over the matter despite a state judge's ruling challenging the constitutionality of the bankruptcy.