One killed, dozens rescued in Detroit-area senior housing fire
(Reuters) - A fire killed one person and injured as many as a dozen others when it swept through a Detroit-area senior citizen housing complex early Monday morning, a fire department official told local media. Rescue workers were called at about 5 a.m. to ...
Where things stand at start of the trial for Detroit's plan to exit bankruptcy
DETROIT – More than a year after Detroit filed for the largest public bankruptcy in U.S. history, a federal judge is hearing evidence on whether he should approve the city's plan to emerge from billions of dollars in debt. Here's a look at the past ...
Final Settlement Reached by Bond Insurer in Detroit Bankruptcy Case
A final settlement has been reached in the case concerning the Detroit municipal bankruptcy case, after claims that could have influenced the city’s exit from bankruptcy protection. According to the court filing on Monday, a comprehensive settlement had ...
Detroit Reaches a Deal With a Key Creditor, but Others Balk at Plan
DETROIT — A major opponent to Detroit’s blueprint for shedding debts and remaking city services announced Monday that it had reached a settlement with the city and would now support Detroit’s emergence from the nation’s largest municipal bankruptcy.
