Mealey's Bankruptcy - Detroit Retirees Committee Seeks OK To Purchase Insurance Policy

Mealey's Bankruptcy - Detroit Retirees Committee Seeks OK To Purchase Insurance Policy

DETROIT - The Official Committee of Retirees in the Chapter 9 bankruptcy of the City of Detroit on Feb. 6 moved in the U.S. Bankruptcy Court for the Eastern District of Michigan for an order allowing the payment of an administrative expense claim for reimbursement of the committee's purchase of an errors and omissions insurance policy in favor of the committee's members in the amount of $602,250 (In Re: City of Detroit, No. 13-53846, Chapter 9, E.D. Mich. Bkcy.).

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