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Archives for August 2014

Detroit Appellants Ask the Court of Appeals to Suspend Appeals Pending the Confirmation of the Chapter 9 Plan

Reuter’s reported that a federal court was asked to suspend seven pending appeals over Detroit’s eligibility for bankruptcy until the bankruptcy confirmation plan is confirmed to adjust $18 billion of debt. Attorneys for the city, Michigan, Detroit pension funds, unions and others that filed five of the appeals said that moving forward with the cases…

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