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U.S. bankruptcy judge proposes deadlines in Detroit bankruptcy case
July 30 |
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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