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>> DETROIT BANKRUPTCY Latest News

11 HOURS AGO - Yahoo! News

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Detroit art museum will sue if city's bankruptcy plan not approved

By Lisa Lambert DETROIT (Reuters) - The Detroit Institute of Arts is prepared to sue to prevent the sale of its collection if Detroit's plan for exiting bankruptcy is not approved, the museum's chief operating officer told U.S. Bankruptcy Court on Thursday. When Detroit filed for the largest-ever U.S. municipal bankruptcy 14 months ago, the museum began preparing for possible ...

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SEP 17, 2014 - Yahoo! News

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Judge pauses Detroit's bankruptcy trial again

By Lisa Lambert DETROIT (Reuters) - U.S. Bankruptcy Judge Steven Rhodes ordered a week-long break in Detroit's bankruptcy trial on Wednesday, giving the last major objector to the city's restructuring plan time to rework its case. The hearing will be adjourned from Friday and reconvene on Sept. 29. It was also placed on hiatus last week for three days while ...

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SEP 17, 2014 - ABC News

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Judge Orders Hearing on Detroit Water Shutoffs

Bankruptcy judge sets hearing on request to stop Detroit residential water shutoffs

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SEP 16, 2014 - Reuters

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Court's expert witness on Detroit bankruptcy qualified to testify: judge

DETROIT (Reuters) - An expert witness hand-picked by the federal judge overseeing Detroit's historic bankruptcy case will testify on the feasibility of the city's debt adjustment plan without restrictions, the judge ruled on Tuesday.

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SEP 15, 2014 - San Francisco Chronicle

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Key creditor OKs bankruptcy plan - but others balk

Detroit -- A major opponent to Detroit's blueprint for shedding debts and remaking city services announced Monday that it had reached a settlement with the city and would now support Detroit's emergence from the nation's largest municipal bankruptcy. But another of Detroit's holdout creditors was unable to reach a settlement on the same bankruptcy claim after several days of mediation, ...

Tags: Key creditor OKs bankruptcy plan - but others balk,  Detroit Bankruptcy Latest News