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>> DETROIT BANKRUPTCY Latest News

DEC 15, 2014 - San Francisco Chronicle

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Detroit bankruptcy judge seeks update on city's plan

Detroit bankruptcy judge seeks update on city's plan DETROIT (AP) — A judge is tying up loose ends in Detroit's bankruptcy case, especially fees charges by lawyers, consultants and other professionals.

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DEC 11, 2014 - New York Times

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National Briefing | Midwest: Michigan: Deal on Legal Fees for Detroit Bankruptcy

Law firms and consultants reached agreements with Detroit over fees they charged the city for work on its bankruptcy, federal court mediators said Thursday.

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DEC 11, 2014 - Yahoo! News

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Deals reached over Detroit bankruptcy fees: court mediators

(Reuters) - Law firms and consultants reached agreements with Detroit over fees they charged the city for work on its historic bankruptcy, federal court mediators said on Thursday. The mediators said in a statement that the agreements, which were not disclosed, are subject to approval by Judge Steven Rhodes, who has overseen the city's bankruptcy that ended on Wednesday. As ...

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DEC 11, 2014 - Associated Press

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Detroit mayor: Challenges remain after bankruptcy

DETROIT (AP) — The formalities may be over for Detroit, which officially exits bankruptcy after midnight Wednesday and shrugs off the yoke of state receivership. But efforts to make the Motor City livable for residents and appealing to businesses will likely have to last for years to come.

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DEC 10, 2014 - Los Angeles Times

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Detroit emerges from nation's largest municipal bankruptcy

The nation’s largest municipal bankruptcy ended Wednesday when the lawyer overseeing Detroit’s fiscal recovery declared the crisis over and gave elected officials control of their own budget for the first time in 20 months, a deal made possible in large part by the city’s...

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