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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

WATCH: Man rolls under train in heart-stopping video

Fresh
22-overlay17

Witnesses couldn't believe their eyes when they saw a man purposely rolling under a moving train.

in Music

Mariah Carey makes directorial debut

mariahcarey

The "Hero" hitmaker is stepping behind the camera to direct her upcoming Christmas TV movie.

in Entertainment

‘Star Trek,’ ‘Superman’ costumes up for auction

nimoy2

Costumes worn by late actors Leonard Nimoy and Christopher Reeves are going under the hammer.

in Music

Judge defends decision to keep Blake Shelton and Miranda Lambert’s divorce secret

blakesheltonmirandalambert

A judge in Oklahoma has defended sealing the records related to the couple's shocking divorce.