emergency financial manager

Governor could appoint a review team to determine if there is a financial emergency

An Emergency Financial Manager for Benton Harbor was appointed in 2010

The lawsuit is just the first of several legal challenges planned. The state's new EFM law takes effect Thursday.

The city of Detroit is preparing its appeal to prevent an emergency financial manager from running the city. Governor Rick Snyder announced on Friday that the city is in a state of financial emergency, and that he plans to appoint an emergency financial manager to solve the city’s problems.