News

Judge orders withdrawal of Detroit bankruptcy petition

Judge orders withdrawal of Detroit bankruptcy petition

A judge has ordered a Detroit petition for bankruptcy to be withdrawn. Photo: Associated Press

DETROIT (Reuters) – A Michigan judge on Friday ordered Detroit’s state-appointed emergency manager to withdraw the federal bankruptcy petition he filed for the city on Thursday.

Ingham County Circuit Court Judge Rosemarie Aquilina’s order said the 2012 Michigan law that allowed Governor Rick Snyder to approve the city’s bankruptcy filing, the largest municipal bankruptcy filing ever in the United States, violated the Michigan Constitution.

The declaratory judgment came in lawsuits filed this month by Detroit pension funds, retirees and workers, which sought to prevent a bankruptcy filing that would ultimately impair retirement benefits in violation of constitutional protections for those benefits.

Recent Headlines

in Local

Worker Comp Claims Dropping

state_capitol_2

Workers’ compensation rates are set to drop in Illinois for the third year in a row

in Local

Fair Time Almost Here

state fair logo

Preview night Thursday August 7th

in Local

Man Killed in Motorcycle Crash Identified

cycle fatal

Sangamon County Coroner Cinda Edwards has identified the man killed Wednesday in a motorcycle accident.

in Local

Accident at Clear Lake and I-55 Sends Four to Hospital

student trucker

Traffic near a stand-still on southbound I-55 near Clear Lake as crews work to clear an accident

in Local

Cuts Are on the Way to IHPA

ihpa logo

Perhaps lawmakers will give historic sites more money