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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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.

Recently Played

Latest Headlines

in Entertainment

Shia LaBeouf has September court date

Fresh
shia

The actor's disorderly conduct case is adjourned until the fall.

in Music

Justin Bieber plays convict in Selena Gomez’s new film

bieber

Art is imitating life, as the "Baby" hitmaker is cast as a convicted criminal in his ex-girlfriend's movie.

in Music

Courtney Love wants a Kurt Cobain biopic

Musician Courtney Love attends a screening of "Rush" hosted by Ferrari & The Cinema Society on Wednesday, Sept. 18, 2013 in New York.

The rocker says she wants to start production in the next year, adding "It's time to do this."

in Trending, Viral Videos

TODAY’S MUST SEE: Jimmy Fallon & The Rock’s 80s workout video

rock

Jimmy Fallon and Dwayne "The Rock" Johnson air some of their long-lost workout tapes and prove that "you've gotta hustle for the muscle."

in Entertainment

Today in entertainment history: July 24

elton-john

A look back at some of Hollywood's most memorable moments.