Topic: Chapter 9

Detroit Bankruptcy: Restructuring $18 Billion of Debt Will Be Long and Challenging…

[Link: Harvey Miller: Detroit Will Be In Bankruptcy “For A Long Time” – Bloomberg Law] It’s on. Last week, a federal judge gave the city of Detroit the go-ahead to proceed with its $18 billion bankruptcy case. An important step, but just the first of many in what promises to be a lengthy process sorting through… Read more »