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A judge has ordered a Detroit petition for bankruptcy to be withdrawn.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

B1G mascots ‘Shake It Off’ parody

12-overlay3

Big Ten mascots show off their dance moves to Taylor Swift's "Shake It Off."

in Entertainment

Robin gig has gone to the girls

jenamalone

The superhero sidekick is set for a sex change in the upcoming "Batman V. Superman: Dawn of Justice" film.

in Music

Pitbull hosting American Music Awards again

pitbull

The rapper will front the 2014 show on Nov. 23, and says he's thrilled to be back.

in Music, Sports

San Fran bans Lorde’s ‘Royals’ for World Series run

lorde

California radio stations have removed the chart-topping song from their playlists.

in Viral Videos

If ‘WALL-E’ was a Christopher Nolan film

15-overlay3

Take a look at Pixar's "Wall-E" reimagined as if it was created by the director of "The Dark Knight."