Tuesday, July 23, 2013

Federal judge sets first hearing in Detroit bankruptcy case





A federal court judge has set the first hearing in Detroit’s bankruptcy case for Wednesday to take up the city emergency manager’s request to put state lawsuits challenging the bankruptcy filing on hold.


US Bankruptcy Court Judge Steven Rhodes agreed on Monday to the expedited hearing requested by emergency manager Kevyn Orr in response to a Michigan court judge’s order for Orr to withdraw the Chapter 9 bankruptcy filing on state constitutional grounds.









via Business feed http://www.scmp.com/business/economy/article/1289016/federal-judge-sets-first-hearing-detroit-bankruptcy-case

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