Detroit's Bankruptcy Journey

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Elections

Kevin Sabet argues against legalizing marijuana through Prop 1

Kevin Sabet is against legalizing pot, Prop 1Kevin Sabet, president of Wash. D.C.-based Smart Approaches to Marijuana, argues against legalizing marijuana in Michigan through Proposal 1
  • Elections
  • 7 months, 3 weeks ago
Daniel Howes

Podcast: Howes on bankruptcy, plus five

Podcast: Howes on bankruptcy, plus fiveFive years after the city of Detroit declared municipal bankruptcy, the its reinvention is tracing a decidedly upward trajectory.
  • Daniel Howes
  • 11 months ago
Detroit

After Detroit bankruptcy: Optimism, but 'challenges are real'

After Detroit bankruptcy: Optimism, but ‘challenges are real’Five years after Detroit's historic bankruptcy filing, the city has risen from financial ruin to a promising future few could have predicted
  • Detroit
  • 11 months ago
Daniel Howes

Howes: Five years after bankruptcy, Detroit shows real gains

Howes: Five years on, Detroit shows real gainsFive years after Chapter 9 bankruptcy, Detroit's reinvention traces upward arc to revival, new narrative of success
  • Daniel Howes
  • 11 months ago
Detroit

Most Detroit property assessments to decrease

Most Detroit property assessments to decreaseAbout 95 percent of Detroit’s 220,000 residential properties will see a reduction of 5 percent to 15 percent
  • Detroit
  • 3 years, 4 months ago
Daniel Howes

Howes: Hard work follows Detroit bankruptcy success

Howes: Hard work, arduous process follow Detroit bankruptcy successCity is one year into journey of self-redemption, requiring leadership and teamwork, compromise and financial realism.
  • Daniel Howes
  • 3 years, 6 months ago
Detroit

Detroit’s white population up after decades of decline

Detroit’s white population up after decades of declineCensus: City gains 8K just in ’14, sees biggest uptick since the 1950s
  • Detroit
  • 3 years, 9 months ago
Detroit

Bankruptcy will cost Detroit on new bonds

Bankruptcy will cost Detroit on new bondsEven though bonds are rated safe, investors worry that the city’s finances aren’t out of the woods yet
  • Detroit
  • 3 years, 10 months ago
Detroit

Duggan touts rating of new city bond issue

Duggan touts rating of new city bond issueNew bonds essential to improving Detroit city services have earned an upgrade.
  • Detroit
  • 3 years, 10 months ago
Detroit

Judge delays action on union’s benefit complaint

Judge delays action on union complaintThe city of Detroit wants to force a public safety union to drop its fight against a bankruptcy-related benefit change.
  • Detroit
  • 4 years ago
Detroit

DIA to honor judge’s ‘grand bargain’ doodle

DIA to honor judge’s ‘grand bargain’ doodleThe doodle laid the conceptual groundwork for creation of a fund to shore up city pensions
  • Detroit
  • 4 years, 3 months ago
Wayne County

Dispute resolved over Syncora bankruptcy settlement
Wayne County is no longer objecting to a deal that gives city property to a key bankruptcy creditor.

Syncora settlement dispute resolvedWayne County is no longer objecting to a deal that gives city property to a key bankruptcy creditor.
  • Wayne County
  • 4 years, 3 months ago
Wayne County

Birmingham attorney to lead group monitoring Detroit

Attorney to lead Detroit monitorsThe Detroit Financial Review Commission has hired Ron Rose as its top paid employee
  • Wayne County
  • 4 years, 4 months ago
Wayne County

Jones Day defends Detroit bankruptcy fees

Jones Day defends feesLaw firms involved in Detroit bankruptcy case defend fees
  • Wayne County
  • 4 years, 5 months ago
Wayne County

Detroit retiree firm defends pay, says it ate $6M bonus

Detroit retiree firm says it ate $6MDetroit retiree firm defends pay during bankruptcy case, says it ate $6M bonus
  • Wayne County
  • 4 years, 5 months ago
Politics

Obama names new White House Detroit adviser

Obama names new Detroit adviserWhite House is naming Treasury official Cliff Kellogg as the new point person for Detroit
  • Politics
  • 4 years, 5 months ago
Wayne County

Michigan transferring $195M in bankruptcy deal

Mich. transferring bankruptcy fundsA board set in motion the State of Michigan’s $195 million payment to pension funds
  • Wayne County
  • 4 years, 5 months ago
Wayne County

Detroit emerges from bankruptcy today

Detroit out of bankruptcy todayThe city of Detroit is entering a "new chapter" as it emerges from a landmark bankruptcy
  • Wayne County
  • 4 years, 6 months ago
Wayne County

Kilpatrick frat brother Beasley convicted of conspiracy

Kilpatrick frat brother Beasley convicted of conspiracyJeffrey Beasley, Paul Stewart and Ronald Zajac were accused of weakening retirement system
  • Wayne County
  • 4 years, 6 months ago
Wayne County

Detroit facing big bill from bankruptcy consultant

Detroit facing big bankruptcy billInvestment banking firm Miller Buckfire has charged the city more than $20M
  • Wayne County
  • 4 years, 6 months ago
Wayne County

Bankruptcy lawyer billed Detroit $34K for Florida travel

Bankruptcy lawyer billed Detroit $34K for Florida travelClosed-door negotiations to scrutinize the reasonableness of legal fees from city's Ch. 9
  • Wayne County
  • 4 years, 6 months ago
Metro-detroit

Retiree group seeks appeal of Detroit pension cuts

Retiree group appeals pension cutsA small group of holdout Detroit retirees is seeking an appeal of bankruptcy pension cuts
  • Metro-detroit
  • 4 years, 7 months ago
Wayne County

Bankruptcy and beyond for Detroit

Bankruptcy and beyond for DetroitThe inside story of the deals that brought Detroit back from the brink in 15 months
  • Wayne County
  • 4 years, 7 months ago
Wayne County

Foundations think out of box to aid Detroit

Foundations change roles for DetroitFoundations took on new, riskier and more assertive roles during Detroit's bankruptcy.
  • Wayne County
  • 4 years, 7 months ago
Wayne County

Detroit bankruptcy judge rips city attorney

Judge engages in tense exchangeDetroit bankruptcy judge accuses city lawyer of political grandstanding
  • Wayne County
  • 4 years, 7 months ago
Wayne County

Detroit to pay creditors, then boost services

Next up: Pay creditors, lift servicesDetroit will start spending $1.7B on public safety, fighting blight if judge approves plan
  • Wayne County
  • 4 years, 7 months ago
Wayne County

Timeline: Detroit’s road through bankruptcy

Timeline: Detroit bankruptcyKey events in the city’s financial struggle, 15 1/2 months in bankruptcy
  • Wayne County
  • 4 years, 7 months ago
Wayne County

Creditor becomes stakeholder in Detroit's future

Detroit, big creditor reach dealAgreement will be announced at 9:30 this morning
  • Wayne County
  • 4 years, 8 months ago
Wayne County

Detroit sweetens bankruptcy offer to holdout creditor

Detroit sweetens offer to FGICHouldout creditor FGIC may get leases on 3 parking garages from Detroit
  • Wayne County
  • 4 years, 8 months ago
Wayne County

Value of DIA art, pensions examined in Detroit bankruptcy court

Value of DIA art, pensions examined in Detroit bankruptcy courtIt was all about the method Tuesday in Detroit's historic municipal bankruptcy trial, as attorneys wrangled over specific methods used in calculating cuts to retiree pensions and the value of the city's artwork.
  • Wayne County
  • 4 years, 8 months ago
Wayne County

Deal keeps Orr during bankruptcy, restores council power

Deal keeps Orr during bankruptcyCity Council members unanimously approved a resolution that transfers power back to Detroit's elected leadership
  • Wayne County
  • 4 years, 8 months ago
Wayne County

Dozens of Duggan appointees paid $100K or more

Half of Duggan appointees get $100KThere's a new wage scale in City Hall as city revamps itself for the post-bankruptcy era
  • Wayne County
  • 4 years, 8 months ago
Wayne County

Detroit residents describe pain of water shutoffs

Detroit residents describe pain of water shutoffsBankruptcy judge holds hearing over residential water shut-off campaign for unpaid bills
  • Wayne County
  • 4 years, 8 months ago
Wayne County

Detroit, state discussing extended role for EM Orr

Extended role for Orr discussedCity and state leaders appear close to announcement on role for Kevyn Orr.
  • Wayne County
  • 4 years, 8 months ago
Wayne County

Detroit, state discussing extended role for EM Orr

Extended role for Orr discussedCity and state leaders appear close to announcement on role for Kevyn Orr.
  • Wayne County
  • 4 years, 8 months ago
Wayne County

Lawyer: Detroit water shutoffs hurting city in poverty

City officials defend water shutoffsCity officials on Tuesday worked to deflect criticism of the water department's controversial shutoff campaign, detailing multiple steps they took to educate and restore service to low-income Detroiters.
  • Wayne County
  • 4 years, 8 months ago
Wayne County

Lawyer: Detroit water shutoffs hurting city in poverty

City officials defend water shutoffsCity officials on Tuesday worked to deflect criticism of the water department's controversial shutoff campaign, detailing multiple steps they took to educate and restore service to low-income Detroiters.
  • Wayne County
  • 4 years, 8 months ago
Wayne County

Against the tide, newcomers move into Detroit

Against the tide, newcomers move into bankrupt DetroitBankruptcy hasn't deterred some people from relocating and embracing city life
  • Wayne County
  • 4 years, 8 months ago
Wayne County

City leaders meet to discuss Orr's future in Detroit

City leaders discuss Orr’s futureCity leaders and the federal judge mediating bankruptcy case meet over Kevyn Orr's future.
  • Wayne County
  • 4 years, 8 months ago
Nolan Finley

Council needs to step up, keep Orr on

Finley: Council needs to keep Orr onCity Council should keep Emergency Manager Orr long enough to complete bankruptcy process
  • Nolan Finley
  • 4 years, 8 months ago
Nolan Finley

Council needs to step up, keep Orr on

Finley: Council needs to keep Orr onCity Council should keep Emergency Manager Orr long enough to complete bankruptcy process
  • Nolan Finley
  • 4 years, 8 months ago
Metro-detroit

Duggan's top appointees earn top dollars

Duggan’s top appointees earn top dollarsDuggan's top appointees earn top dollars
  • Metro-detroit
  • 4 years, 8 months ago
Special Reports

Against the tide: Moving into Detroit

Against the tide: Moving into DetroitAgainst the tide: Moving into Detroit
  • Special Reports
  • 4 years, 9 months ago