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Economy

Detroit files for bankruptcy

By Joseph Lawler
Published
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Detroit files for bankruptcy

The city of Detroit field for Chapter 9 bankruptcy protection in federal court Thursday after decades of decline, beginning a lengthy legal battle.

The petition for bankruptcy was filed in the Eastern District of Michigan by emergency manager Kevyn Orr, a former bankruptcy lawyer appointed in March by Michigan Gov. Rick Snyder to resolve the city’s fiscal struggles.

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Budgets and Deficits Detroit Detroit Bankruptcy Joseph Lawler Michigan PennAve