Judge Sets First Hearing For Detroit Bankruptcy
Judge Steven Rhodes says he will take up the city's request to freeze any lawsuits challenging last week's decision to file for bankruptcy.
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Judge Steven Rhodes says he will take up the city's request to freeze any lawsuits challenging last week's decision to file for bankruptcy.
Several hundred people rallied for Trayvon Martin in downtown Detroit Saturday, one week after George Zimmerman was acquitted of his murder in Florida.
There seems little appetite from either Democrats or Republicans in Washington for a federal rescue of the birthplace of the automobile industry.
Unfortunately for Detroit, it's not that simple.
Among Detroit's assets that could be on the table in bankruptcy ... the city's half of the Detroit Windsor tunnel.
A judge is ordering Gov. Rick Snyder to withdraw Detroit's bankruptcy petition, saying the state is illegally trampling the rights of pensioners.
Michigan ranked 48 out of 50 states in four key areas.
"I think it's despicable... and I think every Detroit resident will also find that this action is despicable," said Richard Mack, Jr., an attorney for AFSCME Council 25.
Prosperous suburbs surrounding Detroit — and even the struggling enclaves within — are working to distance themselves from a city in financial ruin.
L. Brooks Patterson said he and Mark Hackel plan a trip to New York City to visit the bond rating houses to retain their county's Triple A ratings.
Detroit Emergency Manager Kevyn Orr says Detroiters should be outraged by the state of the city's finances.
Here's a look at how the city spiraled into financial ruin and why it's in so much trouble.
Detroit became the largest U.S. city to file for bankruptcy, raising a flurry of questions about what happens next.
Rick Snyder says this was a development 60 years in the making.
Uncle Sam is watching, but there is no federal government bailout in the works for Detroit.