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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

FBI understaffed to tackle cyber threats

fbiwanted

The FBI is struggling to attract computer scientists to its cybersecurity program mainly due to low pay, a report by the U.S. Department of Justice shows.

in Entertainment

NETFLIX: Watch it before it’s gone

netflix

These titles are expiring soon - so start binge watching now!

in Sports

NBA in Africa? ‘Stay tuned,’ for regular-season game

nbaallstar

NBA Commissioner Adam Silver says "stay tuned" for a regular-season game in Africa as Chris Paul and others prepare to play the league's first exhibition on the continent.

in Sports

Boston’s bummer summer: Sox slump, Olympics snub, Brady out

bostonredsox

After the winter of their discontent, it's been one bummer of a summer for Bostonians.

in Sports

WATCH: Annual Virginia pony swim

11-overlay21

"Salt water cowboys" round up dozens of horses for the tradition off the Virginia coast, now in its 90th year.