The New York Times published an article this Sunday regarding lawyer Kevyn Orr, the City of Detroit’s Emergency Manager, that is now leading the city through bankruptcy. The article discusses Mr. Orr’s personal and professional history. Mr. Orr worked as a bankruptcy lawyer on Chrysler’s Chapter 11 filing in 2009. The article also discusses Mr. […]
Bankruptcy Judge Rules Detroit Eligible for Bankruptcy
Bankruptcy Judge Steven Rhodes has issued an opinion declaring the City of Detroit eligible for bankruptcy protection. Bankruptcy lawyers for Detroit’s creditors are anticipated to file appeals to the decision. Lawyers from both sides will then have to bring their arguments to the U.S. District Court for the Eastern District of Michigan. Judge Rhodes address […]
Detroit Free Press Offers Insight to Bankruptcy Judge Overseeing Detroit’s Filing
The Detroit Free Press Sunday printed an interesting article on Bankruptcy Judge Steven Rhodes. Most telling, was the reiteration by Judge Rhodes that the residents of Detroit deserve a better city. Here in lies the goal of bankruptcy resolution – to obtain a better standard of living by resolving debts when insolvent. If you do […]
Profile of Companies Profiting from Detroit Bankruptcy
The Wall Street Journal’s Market Watch website has put together a slide show of companies profiting from the City of Detroit’s Bankruptcy filing. Among them are an auction house, Detroit’s bankruptcy lawyers, the bankruptcy lawyer turned emergency manager Kevyn Orr, and an global bank. Of note in the article are the large fees taken by […]
Southfield Holding Christmas Season Events
The City of Southfield, Michigan, has announced it will hold three events related to the Christmas season. The first will be a contest for young child to win a skating party. On December 2nd, the city will host a tree lighting ceremony and visits with Santa Claus at the Southfield Municipal Complex. The City of […]
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