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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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: July 22

costello

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

in Entertainment

‘Iron Man’ Robert Downey Jr. Hollywood’s highest-paid actor

robert

The 49-year-old star is the highest-paid actor for the second consecutive year, raking in an estimated $75 million.

in Music

Man gets probation in Taylor Swift trespassing

taylorswift

A Massachusetts man has been ordered to stay away from the singer after being convicted of trespassing.

in Entertainment

Neil Patrick Harris lands ‘American Horror Story’ spinoff role

neilpatrickharris

The "How I Met Your Mother" actor wants to guest star in the upcoming spinoff, "Freak Show."