Add Yahoo as a preferred source to see more of our stories on Google. The city of Detroit plans to begin distributing the last $10 million tranche of debts owed in its 2013 bankruptcy to unsecured ...

Detroit has seen a remarkable recovery since it entered bankruptcy in 2013, but that recovery has been uneven, and not all ...

After a federal judge ruled that Detroit was eligible for bankruptcy protection and cleared the way for municipal pensions to be cut, city officials were upbeat, called for unity and urged people to ...

Add Yahoo as a preferred source to see more of our stories on Google. DETROIT, MI - Detroit's historic municipal bankruptcy case has officially closed, marking the end of more than 13 years of court ...

After nearly a dozen years under court supervision, Detroit's bankruptcy case is officially closed, city officials said Wednesday. A U.S. Bankruptcy Court judge granted the city's request for a final ...

DETROIT, MI - FEBRUARY 24: The General Motors (GM) world headquarters is seen February 24, 2013 in Detroit, Michigan. The city of Detroit has faced serious economic challenges in the past decade, with ...

Detroit — Kevyn Orr doesn't expect to ever be lionized in a brass statue at the Detroit Institute of Arts. But the Washington, D.C., bankruptcy attorney who spent 21 months in 2013 and 2014 as Detroit ...

The city of Detroit on Wednesday hailed its first post-bankruptcy competitive issuance of $46.3 million in bonds "a huge success" after attracting 13 bidders with the debt going to Wells Fargo Bank, ...

The city of Detroit plans to begin distributing the last $10 million tranche of debts owed in its 2013 bankruptcy to unsecured claimants before seeking a court order to close the books on its historic ...