Mealey's Bankruptcy - Detroit: Official Committee Of Unsecured Creditors Not 'Necessary Or Prudent'

DETROIT - The bankrupt City of Detroit on Jan. 31 moved in the U.S. Bankruptcy Court for the Eastern District of Michigan for an order vacating the appointment of an Official Committee of Unsecured Creditors on grounds that it is "neither necessary nor prudent" (In Re: City of Detroit, No. 13-53846, Chapter 9, E.D. Mich. Bkcy.).

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