Detroit: Creditor's Motion For Stay Relief Fails To Show Cause, Should Be Denied

Detroit: Creditor's Motion For Stay Relief Fails To Show Cause, Should Be Denied

DETROIT - The bankrupt City of Detroit on Sept. 20 filed a brief in the U.S. Bankruptcy Court for the Eastern District of Michigan arguing that a city resident who seeks relief from the automatic stay offers no support for his request to lift the stay so that he may pursue liquidation of his unsecured prepetition claim outside the ordinary course prescribed under Chapter 9 of the Bankruptcy Code (In Re: City of Detroit, No. 13-53846, Chapter 9, E.D. Mich. Bkcy.).

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