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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

The best #ChevyGuy tweets from the World Series

Fresh
bumgarner1

As the MVP of the 2014 World Series, Madison Bumgarner was awarded a new truck with "technology and stuff" by a very nervous Chevy employee and Twitter took notice.

in National

U.S. economy grows 3.5% in third quarter

Fresh
shopping

A smaller trade deficit and a surge in defense spending buoyed U.S. economic growth in the third quarter.

in Trending, Viral Videos

TODAY’S MUST SEE: Daniel Radcliffe ‘raps’ the alphabet

17-overlay3

The "Harry Potter" star performs the tongue-twisting "Alphabet Aerobics" and it's hilarious.

in Sports

NFL seeks to dismiss ex-players’ painkillers suit

nfl

The lawsuit, filed by former players, alleges teams gave them powerful painkillers to keep them on the playing field.

in Sports

Thursday’s Sports Minute

giants

Here is a look at some of the biggest headlines in sports today, Thursday, Oct. 30.