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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

yesterday in Local

McMenamin Wants Special NAPA Meeting

municipalcenter

Springfield Ward 7 Alderman Joe McMenamin says Corporation Counsel Todd Greenburg is leading the city astray.

yesterday in Local

Taylorville Couple Wins $20.25 Million Lottery Prize

220px-Illinois_Lottery_svg

Taylorville newlyweds, not married for more than a month, are the state's newest millionaires.

yesterday in Local

Oberweis Welcomes Senator Kirk’s Support in Attempt to Unseat Senator Durbin

oberweis

The Republican candidate for U.S. Senate now has the support of Sen. Mark Kirk

yesterday in Local

Three Springfield Businesses Cited for Serving Minors

liquor

Three Springfield businesses that sell alcohol have been cited for selling alcohol to minors.

yesterday in Local

Rutherford’s Request to Drop Lawsuit Delayed

CT  MET-AJ-RUTHERFORD

Treasurer has to wait longer to get decision on dismissing harrassment charge