Illinois Public Media News

NPR - Illinois Public Media News - September 02, 2014

Detroit Bankruptcy Battle Begins In Federal Court

by Sarah Cwiek

Art works at the Detroit Institute of Arts would be safe from creditors under bankruptcy plan.

Detroit's historic bankruptcy case is entering the home stretch. The crucial, final trial phase begins Tuesday in a Detroit courtroom.  It will decide the fate of a plan to wipe out billions of dollars in debt and help Detroit emerge from bankruptcy as a new, revitalized city.

Categories: Economics, Law










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