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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

Veterinarian: Animals got worse at Santa’s Land.

Fresh
WordPress-FeatureImage-07-17-14B

Dr. Tammy McNamara testified that the animals at the Vermont holiday-themed park had gotten worse, despite a care plan she made for the owner earlier this year.

in Local

Medical marijuana dispensary proposed for Epping.

Fresh
WordPress-FeatureImage-01-15-14

After the state passed a law allowing seriously ill residents to use marijuana to treat their illnesses, a medical marijuana dispensary has been proposed in Epping.

in National

House Republicans sue over Obamacare

Fresh
obamacare

Republicans sued over the implementation of President Barack Obama's signature health care law.

in National

Lexus recalling 422K cars to fix fuel leak

Fresh
lexus

The fuel leak can increase the risk of fire, safety regulators say.

in National

Thanksgiving travel at a 7-year high

gas

More than 46 million Americans are expected to travel over the holiday weekend.