Detroit bankruptcy


(MPRN-Detroit) A federal appeals court says it’s too late to go back and re-hash the “Grand Bargain” that allowed Detroit to emerge from bankruptcy two years ago. 

The city of Detroit is suing vendors that the city paid before its bankruptcy filing two years ago. The city plans to file 185 actions in the hopes of recovering $50 million. The City of Detroit argues vendors that were paid before the bankruptcy got preferential treatment. They received more money than the city’s other creditors that were in similar situations. (The Detroit News)

River North Photography / iStrock Photo

Reverend Wendell Anthony has seen a lot to change as President of the Detroit Chapter of the NAACP. But he sees many challenges and opportunities remaining. 

Michigan Settlement Administration Authority is not expected to meet again

A hearing is scheduled for Monday to determine when Detroit will exit bankruptcy