Creditors File Objections To Detroit Bankruptcy
The city's biggest employee union, retirees and even a few dozen residents filed objections Monday to Detroit's request for bankruptcy protection.
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The city's biggest employee union, retirees and even a few dozen residents filed objections Monday to Detroit's request for bankruptcy protection.
The decisions come amid concern that Detroit's bankruptcy will make it more difficult for communities to borrow money.
Thejudge overseeing Detroit's bankruptcy case opened Friday mornings second day of hearing by announcing that he doesn't run city hall.
If the city's gambit succeeds, it could jeopardize an important bargaining tool for unions, which often have deferred higher wages in favor of more generous pensions and health benefits.
This week on Michigan Matters, host Carol Cain invites Judge Greg Mathis to the interview set and the roundtable for a lively discussion on Detroit's bankruptcy issues. Business Executive Denise Ilitch and John Truscott of Truscott/Rossman Public Relations join in the conversation.
A judge is expected to make a key decision, Wednesday afternoon. in the Detroit bankruptcy case.
The deadline has passed for two Michigan school districts -- looking to prove to state officials that they have enough money to open their doors in September for the first day of classes.
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.
Though Thursday's bankruptcy filing had been feared for months, the path ahead for the once mighty Motor City is still uncertain.
"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.
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.
Detroit has filed for a Chapter 9 bankruptcy protection — the biggest municipal filing in history.
If Detroit's broke, will culture be the first thing to go?
It's expected to be a huge week in Detroit, as we expect to find out whether the city will file for bankruptcy.
Obama administration officials have been in contact with leaders in Detroit, according a spokesman.
Why is the city of Detroit, which is on the brink of bankruptcy, paying lawyers nearly $1,000 an hour?
Officials at the Masonic Temple want to make it clear that it's a theater management company that is filing for bankruptcy — not the Detroit landmark.
Last Friday, the emergency manager for Detroit laid out plans to avoid bankruptcy. And now, Pontiac's emergency manager gets his turn.
Creditors, bond holders and unions are meeting with Detroit's state-appointed emergency manager Friday to hear his plan to keep the city out of Chapter 9 bankruptcy.
Kevyn Orr made the comment at a public meeting to discuss his plans for staving off bankruptcy and reducing $15 billion in unfunded municipal obligations.
Detroit's emergency manager is hoping to avoid bankruptcy for the city by trying to settle debts with creditors for just pennies on the dollar.
At the policy conference on Mackinac Island, Detroit Mayor Dave Bing was asked about the threat of bankruptcy that looms over the city.
Electric sports car maker Fisker Automotive has laid off about 160 people at its California headquarters.
Joshua Dobbs ran for a 50-yard touchdown and the Detroit Lions held on for a 17-13 preseason win against the Washington Commanders.
Police in Detroit say human remains were found inside a home on the city's west side Friday, the day after investigators found a man and a woman dead in the residence.
An investigation is underway after law enforcement fatally shot a 29-year-old man following a vehicle pursuit in Otsego County early Saturday, the Michigan State Police said.
An individual is in custody after a person was killed and another was seriously injured in a shooting on Detroit's east side Friday night, according to police.
A ground stop issued at Detroit Metro Airport on Saturday due to thunderstorms has been lifted, according to the Federal Aviation Administration.
An investigation is underway after law enforcement fatally shot a 29-year-old man following a vehicle pursuit in Otsego County early Saturday, the Michigan State Police said.
Detroit police say they are investigating a drive-by shooting that injured four people, including a child, on Friday.
Joshua Dobbs ran for a 50-yard touchdown and the Detroit Lions held on for a 17-13 preseason win against the Washington Commanders.
A ground stop issued at Detroit Metro Airport on Saturday due to thunderstorms has been lifted, according to the Federal Aviation Administration.
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
Automotive expert Paul Eisenstein of Autoline TV said the number of vehicles recalled this year has surged.
Woodward Dream Cruise participant Mike Holmes, who showed off a DeLorean at Saturday's event, said the " human interaction is just as much fun as driving the car."
General Motors says 350 workers will be laid off in January at its Lansing Grand River Assembly/Stamping and Lansing Regional Stamping sites.
Ford says the reveal is intended to connect directly with the enthusiasts who have helped make the Woodward Dream Cruise one of the nation's premier automotive events.
On average, drivers in the state are paying $4.15 per gallon for regular unleaded fuel.
There's just about every kind of artist and artwork you can imagine in Brighton at the third annual street art fair.
Madonna leads all artists with 11 nominations at this year's MTV VMAs, and a full sweep would tie her with Beyoncé and Taylor Swift for the most VMA wins in history.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
It was another busy night in Ann Arbor as country singer Morgan Wallen took the stage on Saturday for his second concert in as many days at Michigan Stadium, better known as the Big House. Like any game day at the venue, there's a lot of foot traffic and first responders at every corner.
Serena Williams will team up with Carlos Alcaraz to create a powerhouse mixed doubles pair in her return to the U.S. Open.
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
A federal judge has dismissed a lawsuit by the Trump administration that accused Washtenaw County officials of obstructing federal immigration enforcement operations.
Chief Justice John Roberts issued a stay that will remain in place until the Supreme Court takes further action.
An alternative measure of unemployment that accounts for wages suggests the U.S. labor market is weaker than it looks.
Providers, students, clients and community members gathered outside the Blue Cross Blue Shield of Michigan headquarters to urge the organization to pursue solutions that preserve access to care.
The new facility brings a wide range of services together under one roof, including workforce development programs, educational opportunities, behavioral health support and family services.
A human case of West Nile virus in West Michigan was detected through routine screening of a blood donation, health officials say.
The number of new cyclosporiasis cases in Michigan is starting to noticeably slow down, but state health officials are still tracking the summer outbreak.
Michigan is reporting its first human case of Eastern equine encephalitis, also known as EEE, since 2021.
Joshua Dobbs ran for a 50-yard touchdown and the Detroit Lions held on for a 17-13 preseason win against the Washington Commanders.
Serena Williams will team up with Carlos Alcaraz to create a powerhouse mixed doubles pair in her return to the U.S. Open.
The University of Utah is suing former assistant coach Freddie Whittingham for breach of contract after he left to join his brother Kyle's staff at Michigan.
Detroit Lions tight end Sam LaPorta is being held out of practice with a hip injury, and coach Dan Campbell is hopeful the ailment doesn't linger into the season.
Michigan Athletics announced that it will be displaying advertisements for Coca-Cola, Meijer and Google Gemini at the 99-year-old Michigan Stadium for the first time.
As we count down the final days of summer, there's still a wee bit of time left to grab a good book as you head to the beach or maybe your backyard.
Rachel Stewart previews the upcoming America's Thanksgiving Parade presented by Gardner White, which will celebrate its 100th anniversary in 2026.
The eyes of the nation were on Michigan as its critical 2026 primary was held last Tuesday.
As the nation turns its attention to Michigan's critical Aug. 4 primary, the Michigan Matters roundtable weighs in.
Perry Johnson discussed not receiving President Trump's endorsement and the reasons he believes John James did.
Scattered showers and a few storms are expected Saturday afternoon, while cooler air arrives for a brief break on Sunday.
The American Arab Chamber of Commerce has terminated its executive director, Bilal Hammoud, after the organization discovered funds that could not be accounted for.
The Detroit Police Department says an investigation is ongoing after a woman and a man were found dead inside a home Thursday night.
Detroit police say they are investigating a drive-by shooting that injured four people, including a child, on Friday.
The owner of more than three dozen horses taken by Oakland County Animal Control last week is fighting back in court.