Groups: Discovery Needed For Detroit's Financing Motion Seeking $350 Million

Groups: Discovery Needed For Detroit's Financing Motion Seeking $350 Million

DETROIT - A group of interested parties in the Chapter 9 bankruptcy of the City of Detroit on Nov. 11 moved in the U.S. Bankruptcy Court for the Eastern District of Michigan for leave to conduct limited discovery regarding the city's motion to secure post-petition financing of $350 million (In Re: City of Detroit, No. 13-53846, Chapter 9, E.D. Mich. Bkcy.).

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