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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

Today in entertainment history: May 22

rogers

A look at the news that made Hollywood history in years past.

in Viral Videos

Mom shames daughter for inappropriate Facebook profile

16-overlay5

After Val Starks found her 13-year-old daughter's secret profile - posing in her bra and claiming to be 19 - she set the record straight and the video has gone viral.

in Entertainment

‘Lolz,’ it’s totally ‘Obvs:’ Score points with these new Scrabble words

scrabble

For the first time in four years, Scrabble has added new words to its dictionary - thousands of them.

in Entertainment

Marvel wants McConaughey

matthewmcconaughey

Oscar winner Matthew McConaughey is reportedly in talks to play "Spider-Man" villain the Green Goblin on the big screen.

in Entertainment

Paul Walker’s ‘Fast & Furious’ car sells for $185K

paulwalker

The bright orange 1993 Toyota Supra from the original movie has been sold at auction.