Group Seeking Stay Relief In Detroit Bankruptcy Says It Has Valid Reason

Group Seeking Stay Relief In Detroit Bankruptcy Says It Has Valid Reason

DETROIT - The nonprofit cooperative that seeks to pursue litigation against the bankrupt City of Detroit on Nov. 1 filed a brief arguing that the bankruptcy court should grant it relief from the automatic stay and contended that the city has "erroneously" claimed that the nonprofit failed to identify a valid reason for doing so (In Re: City of Detroit, No.13-53846, Chapter 9, E.D. Mich. Bkcy.).

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