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Michigan Court Stays Challenges to Detroit Bankruptcy Filing
Reuters
July 23, 2013 "The Michigan Court of Appeals on Tuesday ordered a temporary halt to three lawsuits that seek to derail Detroit's municipal bankruptcy after the state's attorney general sought to overturn lower court rulings, including one that found the bankruptcy filing unconstitutional. The lawsuits were filed by city workers, retirees and pension funds earlier this month in anticipation that the bankruptcy petition by Detroit would lead to cuts in retirement benefits." MORE >> |
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