Detroit Emergency Manager

7:28 am
Tue June 11, 2013

Detroit Emergency Manager says public safety is priority

Lead in text: 
Kevyn Orr says tough choices lie ahead to avoid bankruptcy
Emergency manager Kevyn Orr, in his first public hearing since he was appointed to take over the troubled city in March, sought to reassure residents that Detroit will emerge from his tenure streamlined, with less debt and a plan to keep it that way.
5:49 am
Fri June 7, 2013

Detroit Emergency Financial Manager to offer creditors "pennies on dollar" to avoid bankruptcy

Lead in text: 
Emergency Manager Kevyn Orr's office has not confirmed figure, meetings will likely happen next week
Detroit's attempt to avoid bankruptcy will hit a critical stage next week as emergency manager Kevyn Orr brings together dozens of creditors to present a stark offer: less than 10 cents on the dollar for the loans, bonds, retiree obligations and other debts that have been strangling the city for years.
9:28 am
Fri May 24, 2013

Detroit Emergency Manager says collection at Detroit Institute of Arts could be at risk if city files for bankruptcy

Lead in text: 
Spokesman for Emergency Manager Kevyn Orr says there's no plan on the table to sell any asset of the city
The city's new emergency manager has told the Detroit Institute of Arts it may "face exposure to creditors" if the city is forced to seek bankruptcy protection, a spokesman said Thursday night. "This is a precautionary measure," said Bill Nowling, spokesman for Kevyn Orr, the city's emergency manager.
10:52 am
Mon May 13, 2013

Emergency Manager's report spells out Detroit's financial troubles

Lead in text: 
Report is first by Kevyn Orr since he was appointed Emergency Manager for Detroit in March
Kevyn Orr's report, mandated by the state after an emergency manager's first 45 days in office, confirms a city in desperate shape, with costs for retiree benefits eating up a third of its budget and public services suffering as Detroit's revenues and population shrink each year.
7:44 am
Mon March 25, 2013

Protests expected as Emergency Manager begins work in Detroit

Lead in text: 
Monday is first day on job as emergency manager for Kevyn Orr
DETROIT -Rev. Jesse Jackson on Friday called for mass protests in response to Gov. Rick Snyder's appointment of Emergency Manager Kevyn Orr, and it appears he may get his wish. Rev. Charles Williams II, pastor of King Solomon Baptist church and the Michigan leader of Al Sharpton's National Action Network, said 657 people, according to the sign-in sheet, attended a emergency manager mobilization meeting at his church Saturday.