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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

Sale of New Hampshire oil dealer goes through.

Fresh
WordPress-FeatureImage-11-26-14

On Tuesday A deal was reached in the sale of Fred Fuller Oil & Propane to Rymes Propane & Oil for $12 to $13 million.

in National

Judges overturn gay marriage bans in Arkansas, Mississippi

gaymarriage

U.S. judges overturned measures that voters approved a decade ago in both socially conservative Southern states.

in National

Thanksgiving travelers contend with rain, snow

Updated
AP672980729096

A nor'easter packing rain and snow is posing special challenges and threatening to cancel flights across the country. a

in National

National Guard, police curb Ferguson unrest, protests swell across U.S.

ferguson

Some 2,000 troops helped ward off a second night of rampant arson and looting in suburban St. Louis.

in Black Friday, Lifestyle, National

Thanksgiving travel woes? There’s an app for that

traveling

More than 46 million Americans will travel over the long weekend — the most Thanksgiving road warriors since 2007.