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detroit bankruptcy

Dentons Has Fees Challenged by Bankruptcy Examiner

Dentons Has Fees Challenged by Bankruptcy Examiner   The law firm Dentons is being challenged on its practice of charging thousands of dollars for media relations services, according to The Detroit Free Press. The firm represents retirees in the city of Detroit. The fees of the firm…>read more

No Comment August 7, 2014

Jones Day Scolded by Bankruptcy Judge in Detroit Case

Jones Day Scolded by Bankruptcy Judge in Detroit Case The law firm representing the city of Detroit in its bankruptcy case, Jones Day, was scolded by a federal judge this week, according to The Wall Street Journal. The firm was scolded for mistakenly circulating confidential documents involving private negotiations…>read more

No Comment May 13, 2014

Detroit Bankruptcy Plan Pinches Pensions

Detroit Bankruptcy Plan Pinches Pensions On July 18, 2013 the city of Detroit filed for Chapter 9 bankruptcy.  This is a legal status of a person or other party that cannot repay the debts it owes to creditors. Estimated at $18–20 billion, Detroit is the largest municipal…>read more

No Comment February 24, 2014

Detroit to Big Banks: $165 Million is Too Expensive to Exit Swaps

Detroit to Big Banks: $165 Million is Too Expensive to Exit Swaps Judge Steven Rhodes refused a deal to settle Detroit’s swap-exit between the city and big banks UBS/BOA. Judge Rhodes noted that the settlement to exit the interest-rate swap contracts actually costed taxpayers $202 million- and the deal to exit was…>read more

No Comment January 16, 2014

Job of the Day
Employee Benefits Attorney / Consultant
USA-DC-Washington

  This premier consulting firm offers a good long-term opportunity with equity participation along with the best overall benefit plans of any national consulting firm.  They also offer an...