Creditor opposes Detroit debt plan, says scrap it

Published August 12, 2014 10:00pm ET



DETROIT (AP) — A major Detroit creditor on Tuesday objected to the bankrupt city’s plan to wipe out or reduce billions of dollars in debt, saying it should be scrapped before a trial scheduled to start next week.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.