DETROIT, Sept 19 (Reuters) - Detroit residents, city retirees and even two city council members stood Thursday where dozens of bankruptcy lawyers have gone before them: before Bankruptcy Judge Steven ...
At night, Stockton, Calif., becomes a ghost town. Streets lined with boarded-up buildings and rubbish-strewn parks are mostly empty except for drug dealers and their customers, says Dave Macedo, ...
DETROIT — A federal judge on Wednesday swept aside lawsuits challenging Detroit’s bankruptcy, settling the first major dispute in the scramble to get a leg up just days after the largest filing by a ...
DETROIT, Aug 20 (Reuters) - Public labor unions took aim at Detroit's historic bankruptcy filing on Monday, asking a U.S. court to toss the city's bid for protection from its creditors because it is ...
Detroit became the largest city in U.S. history to file for bankruptcy. July 18, 2013 — -- Detroit became the biggest American city to file for bankruptcy after its emergency manager filed for ...
A new book details the Grand Bargain that led to the settlement of Detroit’s bankruptcy. This month marks 10 years since Detroit emerged from bankruptcy. Judge Gerald E. Rosen, who mediated the ...
After decades of decline, the city of Detroit, once the cradle of the U.S. auto industry and middle-class urban prosperity, filed for bankruptcy on Thursday. The move not only begins the largest ...