Bankruptcy Judge: Detroit Is Eligible For Chapter 9; Unions Appeal Immediately

Bankruptcy Judge: Detroit Is Eligible For Chapter 9; Unions Appeal Immediately

DETROIT - The federal bankruptcy judge presiding over the Chapter 9 case filed by the City of Detroit issued a verbal ruling from the bench on Dec. 3, stating that the city is eligible to file for bankruptcy, a source said. The unions representing city employees immediately filed a notice of appeal (In Re: City of Detroit, No. 13-53846, Chapter 9, E.D. Mich. Bkcy.).

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