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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

2 days ago in National

Making headlines this week

sb50

A look back at some of the biggest stories this week and the headlines you may have missed.

2 days ago in Election 2016, Local

Dems up the decibels in NH debate; Wall Street a common foe.

WordPress-FeatureImage-02-05-16

Hillary Clinton and Bernie Sanders met Thursday evening in what is being called the sharpest, and most caustic debate yet.

2 days ago in National

U.S. doctors upgrade Zika precautions; virus found in saliva, urine

12-overlay-4

Brazilian scientists announced on Friday they had found Zika in the saliva and urine of two patients, as U.S. health officials advised more stringent measures for monitoring pregnant women for Zika and preventing sexual transmission of the virus.

2 days ago in National

Nearly 13 million have signed up for Obamacare

obamacare

About 12.7 million Americans signed up for health insurance coverage through the government insurance exchanges, surpassing its expectations.

2 days ago in National

Democrats block U.S. energy bill in fight over Flint aid

flintwater

Senate Democrats teamed up with some of their Republican counterparts on Thursday and blocked a wide-ranging U.S. energy bill in a fight over aid to Flint, Michigan, to help rectify its drinking water crisis.