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A recent analysis by Moody's Investor's Service offers the prediction that Flint will not follow along the bankruptcy path set by Detroit.Even though the…
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Well, yesterday was indeed one of the more momentous days in Detroit’s modern history. The city not only reached an agreement with Syncora, the major…
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A recent order from the court reads like a Facebook argument.It started with Syncora, a major bond insurer that claims Detroit owes it more than a billion…
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At 8 a.m. on June 1, 2009, General Motors filed for Chapter 11 reorganization. That filing in the bankruptcy court in Manhattan was the start of a painful…
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LANSING, Mich. (AP) - Mediators in Detroit's federal bankruptcy case say that building trade unions have agreed to contribute to a fund to cover retirees'…
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Governor Snyder hopes the State House will make progress toward approving the ‘Grand Bargain’ this week.Critics complain it’s not fair for the rest of the…
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DETROIT (AP) - General Motors Co. says it will resume paying a quarterly dividend, its first since the height of the financial crisis in 2008The U.S.…
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The judge in Detroit’s bankruptcy case says creditors can appeal his recent eligibility ruling directly to a higher federal court.Judge Steven Rhodes…
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What’s going to happen with the Detroit Institute of Arts? That’s the question on the minds of many Michiganders after the city of Detroit was deemed…
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Ever since Detroit’s became the biggest in American history to seek bankruptcy protection, the term “death spiral” has been in the spotlight.The spiral…