News

Judge orders withdrawal of Detroit bankruptcy petition

Judge orders withdrawal of Detroit bankruptcy petition

A judge has ordered a Detroit petition for bankruptcy to be withdrawn. Photo: Associated Press

DETROIT (Reuters) – A Michigan judge on Friday ordered Detroit’s state-appointed emergency manager to withdraw the federal bankruptcy petition he filed for the city on Thursday.

Ingham County Circuit Court Judge Rosemarie Aquilina’s order said the 2012 Michigan law that allowed Governor Rick Snyder to approve the city’s bankruptcy filing, the largest municipal bankruptcy filing ever in the United States, violated the Michigan Constitution.

The declaratory judgment came in lawsuits filed this month by Detroit pension funds, retirees and workers, which sought to prevent a bankruptcy filing that would ultimately impair retirement benefits in violation of constitutional protections for those benefits.

Recent Headlines

in Sports

This week’s top sports shots

bike

A look at the biggest stories and best photography in sports this week.

in National

Making headlines this week

kiss

A look at the news that made headlines and the stories you might have missed.

in Sports

This weekend’s sports schedule

yankees

A complete look at this weekend's sports schedule.

in National

Meat, seafood prices soaring on drought and disease

meat

Get ready for your grocery bill to jump even higher.

in National

Republicans may try to impeach Obama

obamprez

A top White House adviser says Republicans may try to impeach President Barack Obama over his go-it-alone immigration strategy.