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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

13 minutes ago in Trending, Viral Videos

TODAY’S MUST SEE: Brian Williams raps ‘Gin & Juice’

Fresh
birna

After he leaves the "NBC Nightly News," Brian Williams might have a future in music.

19 minutes ago in Entertainment

‘Ice Road Truckers’ star accused of kidnapping, beating Vegas woman

Fresh
iceroad

A star of the reality TV show is due in court in Las Vegas to face first degree kidnapping, extortion and coercion charges.

today in Entertainment

Today in entertainment history: April 23

elvis2

A look at the Hollywood headlines of years past.

yesterday in Viral Videos

Action Movie Kid flies to school

Action Kid Flies

Who needs a school bus when your dad is an animator?