Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
twiter
New to Comunitee?


or Sign Up with Email

Us

>> DETROIT BANKRUPTCY Latest News

OCT 22, 2014 - Yahoo! News

A Must Read - Share

Detroit can survive after bankruptcy but large risks loom: expert

By Karen Pierog DETROIT (Reuters) - Detroit's relatively fast move through municipal bankruptcy has resulted in costly creditor settlements and too little emphasis on fixing the city's broken operations, a restructuring expert testified in U.S. Bankruptcy Court on Wednesday. Still, Martha Kopacz, who was appointed by Judge Steven Rhodes to assess the viability of Detroit’s plan to restructure $18 billion ...

Tags: Detroit can survive after bankruptcy but large risks loom: expert,  Detroit Bankruptcy Latest News

OCT 22, 2014 - San Francisco Chronicle

A Must Read - Share

Expert says Detroit bankruptcy plan feasible

DETROIT (AP) — Detroit's plan to get out of bankruptcy is feasible, a court-appointed expert testified Wednesday as the last witness in a historic trial to determine whether the largest city in U.S. history to file for Chapter 9 can get back on its feet. Martha Kopacz, a Boston-based expert who has participated in hundreds of restructurings, expressed confidence that ...

Tags: Expert says Detroit bankruptcy plan feasible,  Detroit Bankruptcy Latest News

OCT 22, 2014 - ABC News

A Must Read - Share

Expert Says Detroit Bankruptcy Plan Feasible

Court-appointed expert says Detroit bankruptcy exit plan feasible; ruling expected next month

Tags: Expert Says Detroit Bankruptcy Plan Feasible,  Detroit Bankruptcy Latest News

OCT 21, 2014 - Reuters

A Must Read - Share

Judge drops hints as Detroit bankruptcy case nears finish line

DETROIT (Reuters) - The U.S. judge overseeing Detroit's historic bankruptcy dropped hints on Tuesday on what he wants to hear in the city's closing statements and what he may be scrutinizing in creditor settlements.

Tags: Judge drops hints as Detroit bankruptcy case nears finish line,  Detroit Bankruptcy Latest News

OCT 21, 2014 - Boston Herald

A Must Read - Share

Detroit plans to sell scrapped copper wire

DETROIT — The city of Detroit plans to sell 13 million pounds of copper wire from its public lighting operation.Financial consultant Gaurav Malhotra testified Tuesday in Detroit's bankruptcy trial that the city is budgeting for $25 million over six years from such a sale, but the scrapped metal could bring in about $40 million.Detroit is phasing its electricity service over ...

Tags: Detroit plans to sell scrapped copper wire,  Detroit Bankruptcy Latest News