News

Judge orders withdrawal of Detroit bankruptcy petition

Judge orders withdrawal of Detroit bankruptcy petition

A judge has ordered a Detroit petition for bankruptcy to be withdrawn. Photo: Associated Press

DETROIT (Reuters) – A Michigan judge on Friday ordered Detroit’s state-appointed emergency manager to withdraw the federal bankruptcy petition he filed for the city on Thursday.

Ingham County Circuit Court Judge Rosemarie Aquilina’s order said the 2012 Michigan law that allowed Governor Rick Snyder to approve the city’s bankruptcy filing, the largest municipal bankruptcy filing ever in the United States, violated the Michigan Constitution.

The declaratory judgment came in lawsuits filed this month by Detroit pension funds, retirees and workers, which sought to prevent a bankruptcy filing that would ultimately impair retirement benefits in violation of constitutional protections for those benefits.

Latest Headlines

in Viral Videos

WATCH: The ‘perfect’ body

22-overlay6

A blogger and personal trainer takes on the cyber bullies who criticize her appearance, altering herself in response to their comments. But does she like what she sees?

in Entertainment

Chrissy Teigen is done airbrushing

chrissyteigen

The model doesn't use technology to cover up her blemishes in photos she posts online because she wants young girls to realize that even classic beauties are not perfect.

in Entertainment

Sandra Bullock’s son has no idea his mom is a superstar

sandra

Five-year-old Louis doesn't know his mom is an international movie star.

in Viral Videos

Nonsense karaoke with Chris Pratt and Jimmy Fallon

18-overlay5

The "Guardians of the Galaxy" star takes on the "Tonight Show" host in a battle of who can best butcher a song.

in Entertainment

Hundreds of cinemas refuse to show ‘Avengers’ film

avengers

Theaters in Germany are refusing to show the much-anticipated sequel in a dispute with Disney.