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…
Detroit
Fan Bullied by Shaq Creates Anti-Bullying Campaign
Jahmel Binion is a native of Detroit who suffers from a rare disorder. He was recently bullied on Instagram by…
Detroit’s Bankruptcy Obstacles
Detroit is headed towards a July trial in which the city will decide how to reorganize its $18 billion…
The Detroit Municipal Bankruptcy Plan is Running out of Time
In March 2013 the state governor declared a financial emergency and On July 18, 2013, Detroit filed the largest municipal…
McDonald’s Sued by Workers for Pay Practices
The world's largest restaurant chain, McDonald's Corp., is being sued by employees who claim they are being idled without pay…
Detroit to Pay $77 Million in UBS Settlement
Detroit, sometimes known as "Motor City", is the most populous city in the U.S. state of Michigan. It is also…
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…
Unemployment Among 16 to 19 Year Olds More than Three Times the Rate for All Workers
The economy has gained strength and overall labor market conditions have improved in recent months, younger workers have continued to…
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…
Bankrupt Detroit Faces Water and Sewer Bond Restructure
Detroit’s $3.7 trillion dollar muni-bond market is facing trouble. Detroit’s emergency manager Kevyn Orr is battling insurers, individual investors and…
Bankrupt Detroit Attracts Attorneys from All Over
Detroit has filed one of the largest U.S. municipal bankruptcies this Thursday. The entire restructuring will consider more than $18…
Detroit Goes Broke, Files Chapter 9 Bankruptcy
On Thursday, Detroit became the largest American city to file for Chapter 9 bankruptcy protection. Law firm Jones Day is…