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Corey Williams

Creditor wants 75 cents on dollar for Detroit debt
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Creditor wants 75 cents on dollar for Detroit debt

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In this July 16, 2013 aerial file photo, the downtown of the city of Detroit is shown. Detroit Emergency Manager Kevyn Orr raised more than a few eyebrows a year ago when he took the city into bankruptcy and predicted it would be out by the time his term expired in fall 2014. Because it is by far the largest city to file for municipal bankruptcy and the issues were so complex many experts predicted it would take years to resolve. But the city will take a major step toward that goal with a trial in federal bankruptcy court that starts Tuesday, Sept 2, 2014. (AP Photo/Paul Sancya, File)
Business

Attorney: Detroit needs debt plan to survive

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In this July 16, 2013 aerial file photo, the downtown of the city of Detroit is shown. Detroit Emergency Manager Kevyn Orr raised more than a few eyebrows a year ago when he took the city into bankruptcy and predicted it would be out by the time his term expired in fall 2014. Because it is by far the largest city to file for municipal bankruptcy and the issues were so complex many experts predicted it would take years to resolve. But the city will take a major step toward that goal with a trial in federal bankruptcy court that starts Tuesday, Sept 2, 2014. (AP Photo/Paul Sancya, File)
Business

Detroit raced toward this week’s bankruptcy trial

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Creditor opposes Detroit debt plan, says scrap it
Business

Creditor opposes Detroit debt plan, says scrap it

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Detroit water department placed in mayor’s hands
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Detroit water department placed in mayor’s hands

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FILE _ In this Sept. 26, 2013 file photo a young man walks in front of a row of abandoned houses in Detroit. Detroit has thousands of decrepit and abandoned homes and buildings. In the little more than a year since emergency manager Kevyn Orr made Detroit the largest U.S. city to seek bankruptcy protection, it has experienced a wide range of improvements that will factor into Judge Steven Rhodes' decisions during next month's bankruptcy trial. That includes a greatly accelerated program to salvage homes that can be rehabilitated and level and clear those that cannot be saved. (AP Photo/Carlos Osorio, File)
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Detroit seeing upgrades ahead of bankruptcy trial

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The Honorable Chief Judge Gerald E. Rosen, U.S. Eastern District Court, speaks to representatives from various Michigan corporations and individuals attending a press conference at the Detroit Institute of Arts in Detroit, Mich., Wednesday, July 16, 2014 . The Detroit Institute of Arts says it has pledges for about 80 percent of the $100 million it promised toward an effort involving the state of Michigan and major foundations to prevent the sale of art and soften cuts to city retirees during Detroit's bankruptcy. (AP Photo/Detroit News, Todd McInturf) DETROIT FREE PRESS OUT; HUFFINGTON POST OUT
Business

Museum raises $80M toward Detroit bankruptcy deal

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Residents trained to aid Detroit’s fight on blight
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Residents trained to aid Detroit’s fight on blight

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Report: Detroit art valued at more than $4.6B
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Report: Detroit art valued at more than $4.6B

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Deadline approaches for bankruptcy plan vote
Business

Deadline approaches for bankruptcy plan vote

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