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>> DETROIT BANKRUPTCY Latest News

APR 15, 2015 - San Francisco Chronicle

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Court rules GM shielded from death claims before bankruptcy

DETROIT (AP) — A federal judge ruled Wednesday that a 2009 bankruptcy order shields General Motors from billions of dollars in death and injury claims tied to defective ignition switches in older small cars. [...] Judge Robert Gerber in New York, who handled GM's government-funded bankruptcy case six years ago, also ruled that plaintiffs who claim a loss in the ...

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APR 14, 2015 - Yahoo! News

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Detroit, Stockton bankruptcies may flag wider problems: Fed's Dudley

The municipal bankruptcies in Detroit and Stockton, California, may foretell more widespread problems in the United States than is implied by current bond ratings, a top Federal Reserve official said on Monday. "While these particular bankruptcy filings have captured a considerable amount of attention, and rightly so, they may foreshadow more widespread problems than what might be implied by current ...

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APR 08, 2015 - San Francisco Chronicle

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Detroit sues churches, schools over unpaid electricity bills

Detroit sues churches, schools over unpaid electricity bills DETROIT — Hunting for revenue after emerging from bankruptcy, Detroit is stepping up its fight to collect on unpaid electricity bills, filing a batch of lawsuits against churches, schools and other organizations the city says are in arrears for a combined $834,000. The lawsuits are part of a crackdown by the administration ...

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MAR 31, 2015 - Reuters

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Detroit panel OKs raises for city officials: Detroit Free Press

DETROIT (Reuters) - Just months after Detroit officially exited the largest municipal bankruptcy in U.S. history, a panel on Monday recommended raises of 2.5 percent for city council members and the city clerk, to start next fiscal year, a newspaper reported.

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MAR 31, 2015 - Reuters

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Detroit commission OKs raises for city council, clerk: newspaper

DETROIT (Reuters) - Just months after Detroit officially exited the largest municipal bankruptcy in U.S. history, a panel recommended on Monday 2.5 percent raises for city council members and the city clerk starting next fiscal year, the Detroit Free Press said.

Tags: Detroit commission OKs raises for city council, clerk: newspaper,  Detroit Bankruptcy Latest News