Wednesday, February 26, 2014

Detroit Files Financial Restructuring Plan

The city of Detroit submitted its financial restructuring plan to federal court Friday, a move likely to set off a new round of jockeying among creditors asked to take a haircut in the nation's largest municipal bankruptcy.

Source: http://blogs.wsj.com/law/2014/02/21/detroit-files-financial-restructuring-plan/?mod=WSJBlog

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