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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

Ben Stiller back as dimwitted male model in ‘Zoolander 2′ trailer

Fresh
13-overlay1

The sequel to the 2001 comedy is still several months away but with one-liners like these, we can't wait.

in Entertainment

Jon Stewart prepares to sign off

15-overlay2

After 15 years, the comedian will bid farewell as he hosts his final "Daily Show."

in Music

Lawmakers at odds over Billy Joel highway

billyjoel

The argument over naming a highway for "The Piano Man" has sparked a debate over whether roads should be named for the living or only the dead.

in Music

Chris Brown’s ex wants supervised visits for their daughter

chrisbrown

The "Loyal" hitmaker wants the courts to establish official paternity of his one-year-old daughter and is fighting a request for increased child support.

in Lifestyle, Weird

‘Star Trek’ style elevators coming to a house near you

16-overlay

A futuristic elevator that fits neatly into the corner of a room and moves between floors of a standard home could present a more attractive proposition than the traditional stairlift.

Weather

condition Condition: Partly Cloudy
Temperature: 90°
High: 92° - Low: 68°