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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

yesterday in National

Teen stowaway spent hours undetected at California airport

airport

A boy who stowed away on a flight to Hawaii in the frozen, oxygen-deprived wheel well of a passenger jet is resting in a hospital.

yesterday in Sports

Suns’ Dragic voted NBA’s most improved

suns

Phoenix guard Goran Dragic, whose breakout campaign helped his team to a 23-win improvement, was named most improved player.

yesterday in Lifestyle

Travel through time on Google maps

google

Google is now offering trips down memory lane on its digital maps.

yesterday in National

Washington state eyes building ban after deadly mudslide

mudslide

Snohomish County is considering a six-month ban on new construction in landslide-prone areas.

yesterday in Sports

Phelps facing toughest challenge yet

phelps

Michael Phelps has been swimming against the tide all his life.