Kevyn Orr

-Michigan News
6:18 am
Tue July 22, 2014

Detroit Bankruptcy Effort Bolstered By Pension Cut Approval

City of Detroit
Credit Wikimedia

Detroit's emergency manager is praising workers and retirees who approved pension cuts as a way to get the city out of bankruptcy. 

Results filed late Monday show the changes were endorsed by a landslide.

The tally gives the city a boost as Judge Steven Rhodes determines whether Detroit's overall strategy to scrub billions in debt is fair and feasible to all creditors.

Trial starts Aug. 14. Emergency manager Kevyn Orr says retirees made an "informed, positive decision."

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Michigan News
6:55 am
Thu May 15, 2014

Detroit Bankruptcy Creditors Want Access To Art

Detroit Institute of Arts
Credit Jason Mrachina / Flickr.com

Valuable art is back on the docket in Detroit's bankruptcy case. 

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Michigan News
4:23 am
Mon April 7, 2014

Snyder To Talk About The Motor City At The Detroit Athletic Club

Governor Rick Snyder to speak in Detroit today.
Credit Wikipedia

Governor Rick Snyder is getting up early to talk about Detroit. 

 Snyder is speaking this morning at Pancakes and Politics. It's a regular event featuring elected leaders from the state Capitol or southeastern Michigan. It's being held at the Detroit Athletic Club near Comerica Park.

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Michigan News
4:27 am
Wed March 26, 2014

Michigan Board OKs $120 Million Detroit Bond Sale

Detroit Emergency Financial Manager Kevyn Orr and Michigan Governor Rick Snyder
Credit Flickr

A state board involved in Detroit's financial reorganization has approved the city's sale of $120 million in bonds. 

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Michigan News
2:51 pm
Thu February 20, 2014

Detroit Bankruptcy Update

State-appointed emergency manager Kevyn Orr (right) and Michigan Gov. Rick Snyder, at a news conference in Detroit.
Credit Carlos Osorio / AP

DETROIT (AP) - The office Detroit's state-appointed emergency manager Kevyn Orr says the blueprint for the city's restructuring through and after bankruptcy is expected to be filed Friday in federal court.       Bankruptcy Judge Steven Rhodes had set a March 1 deadline for the long-awaited plan of adjustment. The plan will spell out how individual creditors will be treated as Orr reduces the city's $18 billion debt.       Spokesman Bill Nowling says Orr's office plans to file the plan with the court Friday.

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