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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

Two Found Dead in Springfield’s Riverside Park

Updated
riverside_death

Springfield Park District Police say two people were found dead inside a vehicle with gunshot wounds.

in Local

IDOT Eliminates 58 “Political” Positions

Seal_of_Illinois

The Illinois Department of Transportation is eliminating 58 positions that are at the center of a lawsuit alleging questionable hiring practices.

in Election 2014, Local

Ill. GOP Predicts a Red U.S. Senate

GOP

If the predictions of Illinois Republicans hold true, the U.S. Senate will be painted red come next year.

in Local

Long-Awaited Rail Project Finally Kicks-off

railroad

The project is designed to make freight trains and high speed rail traffic move more efficiently through Springfield

in Local

Police Capture Man in SMTD, West Side Hotel Incident

i72 suspect

Several law enforcement agencies are staging off I-72 just east of Veterans Pkwy.