Detroit Emergency Manager reaches agreement with some creditors, but no details are released

8:36 pm
Mon July 15, 2013

Detroit Emergency Manager reaches agreement with some creditors, but no details are released

Lead in text: 
Spokesman for Kevyn Orr says deal should be signed "in next day or two"
Detroit emergency manager Kevyn Orr has reached a settlement with unnamed creditors, according to federal court filings in a lawsuit against a financial insurer his office sued to block from accessing $11 million a month in tax revenue from the city's three casinos.