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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

Latest Stories

in National

2 NYPD officers killed, gunman dead

nypd

The fatal shooting may have been a revenge attack over police treatment of minorities.

in Entertainment

This weekend in entertainment history

randy-travis

A look back at some of the Hollywood headlines that went down in history.

in Entertainment

REVIEW: Surprising talent creates weird onscreen magic in ‘Foxcatcher’

This image released by Sony Pictures Classics shows Channing Tatum, left, and Mark Ruffalo in a scene from "Foxcatcher."

Sibling rivalry, loneliness, competition and madness fuel director Bennett Miller’s award-worthy true crime tale Foxcatcher.