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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

You can email Brad Paisley

bradpaisley

Remember earlier this summer when Brad Paisley leaked tracks off his upcoming album? Revenge is a dish best served via email.

in Music

CHART TOPPERS: This week’s top country tracks

ladyantebellum

LISTEN: This week's top country tracks, according to the latest Billboard charts.

in Entertainment

Ashton Kutcher, Mariska Hargitay dominate TV paychecks

mariska

The annual Who Earns What countdown lists the paydays of your favorite television stars.

in Viral Videos

If Michael Bay directed ‘Up’

13-overlay5

Cue the Linkin Park, Carl's journey to Paradise Falls just got more intense.

in Entertainment

‘Scandal’ star Columbus Short arrested

columbusshort

The actor has been arrested after missing two court appearances.