- Posted August 15, 2013
- Tweet This | Share on Facebook
Judge appoints mediator for Detroit bankruptcy
DETROIT (AP) -- The judge handling Detroit's Chapter 9 bankruptcy case has appointed Detroit chief federal judge Gerald Rosen as a mediator in the case.
Rosen said in a statement Tuesday that his aim is to bring those involved in the bankruptcy case together "in a neutral forum, away from the glare of the spotlight" and resolve as many disputes as possible. He says he'll work with a small team of other mediators.
The order from U.S. Bankruptcy Judge Steven Rhodes says "proceedings, discussions, negotiation and writings" from mediation will be confidential.
Detroit claims it has at least $18 billion in liabilities, from underfunded pensions and health care costs to bonds that lack city revenue to be paid off. The city is being run by state-appointed emergency manager Kevyn Orr, a bankruptcy specialist.
Published: Thu, Aug 15, 2013
headlines Oakland County
- Annual Dinner & Meeting
- FORCE Team arrests six in prolific auto theft ring
- Michigan allocates $12 million to support community-based organizations in advancing environmental and climate justice
- Oakland County and SMART launch pilot program providing free transit for veterans and dependents
- Supreme Court sides with the Consumer Financial Protection Bureau
headlines National
- More lawyers—and clients—want to learn about sustainable development practices
- Top artificial intelligence insurance tips for lawyers
- Lawyer charged with illegally transmitting Michigan data after 2020 election
- Viral video shows former Rikers Island inmate as she learns she passed bar exam on first try
- How Sullivan & Cromwell is scrutinizing potential new hires after campus protests
- No separate hearing required when police seize cars loaned to drivers accused of drug crimes, SCOTUS rules