Mike Duggan wins Tuesday’s Detroit Mayoral Election and for the first time in over 40 years the City of Detroit has a Caucasian Mayor. Duggan overcame several obstacles to simply be allowed on the ballot. He won 55% of the vote and in what seemed to be a tight race. The most important question I […]
Detroit Bankruptcy Overshawdows Mayoral Election
The City of Detroit, Michigan, will select its new mayor today, Nov. 5th. Former Wayne County Prosecutor, Mike Duggan will seek to beat the Wayne County Sheriff Benny Napolean. It is a case of attorney turned politician verse police officer turn politician. Both argue that they have the ability to turn Detroit’s fiscal turmoil around. […]
Detroit Bankruptcy Eligibility Trial Enters Sixth Day
The trial for bankruptcy eligibility for the City of Detroit will proceed today. The United States Bankruptcy Court for the Eastern District of Michigan will again hold hearings in the trial. The trial is a requirement in all Chapter 9 bankruptcy filings to show that the governmental entity is eligible for protection under the bankruptcy […]
Michigan Planned Detroit Bankruptcy One Year Prior to Filing
News has come out in the City of Detroit’s bankruptcy eligibility trial that the State of Michigan and Jones Day, Detroit’s bankruptcy lawyers, had planned the bankruptcy more than a year before filing. One witness said he knew as far back as March 2012 that Michigan was planning the Detroit bankruptcy. This is not shocking […]
Detroit Pensioners Fear Benefit Reduction Due to Bankruptcy
Fox News has a poorly written and factually incorrect article that puts fear into Detroit City pensioners that Detroit’s bankruptcy will wipe their pensions down to 16 cents on the dollar. The article has its mistakes – it says the bankruptcy was ruled unconstitutional, which is misleading at best. The article does not state the […]
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