Judge Steven Rhodes refused a deal to settle Detroit’s swap-exit between the city and big banks UBS/BOA. Judge Rhodes noted that the...
Detroit’s $3.7 trillion dollar muni-bond market is facing trouble. Detroit’s emergency manager Kevyn Orr is battling insurers, individual investors and fund companies...
Detroit has filed one of the largest U.S. municipal bankruptcies this Thursday. The entire restructuring will consider more than $18 billion dollars....
Bruce Bennett is leaving the firm he helped found, Hennigan Bennett & Dorman, and moving to Dewey & LeBoeuf. Bennett and Michael...