U.S. bankruptcy judge proposes deadlines in Detroit bankruptcy case

July 30 Tue Jul 30, 2013 11:47am EDT

July 30 (Reuters) - U.S. Bankruptcy Judge Steven Rhodes on Tuesday proposed speedy deadlines for Detroit's municipal bankruptcy filing, including a March 1, 2014 date for the city to file a reorganization plan.

The judge also proposed Oct. 23 for the start of a trial on potential objections to Detroit's eligibility to file what would be the biggest Chapter 9 municipal bankruptcy in U.S. history.

The proposed dates and deadlines will be the subject of a hearing in federal bankruptcy court in Detroit on Friday.

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Comments (1)
butch21 wrote:
Hey here is an ideal, why don’t you just sell Detroit to some foreign country, like you have in the past…………..and save the court cost. This is for Washington….

Jul 30, 2013 12:19pm EDT  --  Report as abuse
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