-
Gov. Snyder has made it official: Judge Steven Rhodes is the Detroit Public Schools’ fifth emergency manager since 2009. Rhodes is the retired federal...
-
Today marks the one-year anniversary of Detroit’s exit from bankruptcy. Detroit News business columnist Daniel Howes sees a city on the mend, but with...
-
Governor Snyder has made it official: Wayne County is in a state of financial emergency. County Executive Warren Evans had asked for the declaration....
-
We’ve seen the images of people lined up at ATMs, hoping to withdraw a few euros. Crowds sang and celebrated after voting against the terms of a bailout...
-
There was a big stop on the Detroit post-bankruptcy "tour" this week. Former Emergency Manager Kevyn Orr, now-retired federal bankruptcy judge Steven...
-
The deal worked out by the city's emergency manager includes shedding $7 billion in debt and borrowing hundreds of millions of dollars to implement the strategy.
-
The judge must decide if the plan is fair to Detroit's creditors and feasible for the city to accomplish, as it seeks to shed $7 billion in debt and invest more than a billion in city services.
-
A recent analysis by Moody's Investor's Service offers the prediction that Flint will not follow along the bankruptcy path set by Detroit. Even though...
-
As the Detroit bankruptcy trial moves into its third week, the spotlight has often been trained on the Detroit Institute of Arts. The discussion over...
-
Two of the loudest voices objecting to Detroit's bankruptcy adjustment plan have been bond insurers Syncora and Financial Guaranty Insurance...