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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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 weekend’s sports schedule

hawks

Here is a look at some of this weekend's biggest sporting events.

in Sports

This week’s top sports shots

AP935429472619_13

A look back on some of the best plays and biggest shots of the week.

in National

Making headlines this week

AP337694203991_19

A look at some of this week's biggest stories and the headlines you may have missed.

in National

Harley recalls nearly 46,000 motorcycles

harley

The problem was found through customer complaints.

in Lifestyle

Diet Pepsi dropping aspartame on customer concerns

soda

The decision to swap sweeteners comes as Americans keep turning away from popular diet sodas.