City of Detroit, Michigan
Case Number:
2:13-bk-53846
Court:
Nature of Suit:
Firms
- ArentFox Schiff
- Asher Kelly
- Barnes & Thornburg
- Blank Rome
- Blevins Sanborn
- Bowman & Brooke
- Butzel Long
- Cadwalader Wickersham
- Clark Hill
- Clayson Schneider
- Cozen O'Connor
- Dawda Mann
- Dean & Fulkerson
- Demorest Law Firm
- Dickinson Wright
- Epstein Becker
- Foley & Lardner
- Godfrey & Kahn
- Gold Lange
- Goodman Hurwitz
- Gudeman & Associates
- Hammerschmidt Stickradt & Associates
- Hladik Onorato
- Honigman LLP
- Jenner & Block
- Kaminski Law PLLC
- Kerr Russell
- Kilpatrick & Associates
- Law Offices of Christopher Trainor
- Law Offices of Joumana Kayrouz
- Lewis Brisbois
- Lipson Neilson
- Loevy & Loevy
- Maddin Hauser
- McKnight Canzano
- Miller Canfield
- Morris & Morris Attorneys
- O'Hagan Meyer
- Osipov Bigelman
- Plunkett Cooney
- Resnick Law
- Sandra O'Connor Law
- Schafer & Weiner
- Semrad Law Firm
- Shermeta Law Group
- Stempien Law
- Stevenson & Bullock
- Strobl PLLC
- Sullivan Ward
- Swistak Levine
- Taft Stettinius
- Troutman Pepper
- Varnum LLP
- Ven Johnson Law
- Warner Norcross
- White Schneider
- Wolfson Bolton
- Zwicker & Associates
Companies
- Aetna Inc.
- Amalgamated Transit Union
- Assured Guaranty Ltd.
- Aurelius Capital Management LP
- Bank of America Corp.
- Barclays PLC
- Berkshire Hathaway Inc.
- Blue Cross Blue Shield of Michigan Inc.
- Charles Stewart Mott Foundation
- Citigroup Inc.
- Clark Associates Inc.
- Colasanti Cos.
- Compuware Corporation
- Deutsche Bank AG
- Eaton Vance Corp.
- Federal National Mortgage Association
- Food & Water Watch
- General Shale Brick Inc.
- Genuine Parts Co.
- Greektown Holdings LLC
- Greenhill & Co. Inc.
- Health Alliance Plan of Michigan
- Hewlett Packard Enterprise Co.
- International Association of Fire Fighters
- International Business Machines Corp.
- Iron Mountain Inc.
- Kurtzman Carson Consultants LLC
- Lazard Ltd.
- MGM Grand Hotel LLC
- Miller Buckfire & Co. LLC
- Monarch Alternative Capital LP
- M&T Bank Corp.
- Nuveen LLC
- Parsons Brinckerhoff Inc.
- Safeco Insurance Co.
- Service Employees International Union
- Syncora Holdings Ltd.
- The Segal Co. Inc.
- TIAA Bank
- T-Mobile US Inc.
- UBS Group AG
- United Auto Workers
- U.S. Bancorp
- Waste Management Inc.
- Wells Fargo & Co.
- Wilmington Trust Corp.
- Xerox Holdings Corp.
Government Agencies
- County of Macomb, Michigan
- Equal Employment Opportunity Commission
- Nuclear Regulatory Commission
- State of Michigan
Sectors & Industries:
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December 03, 2014
Jones Day's Detroit Billings Included Florida Travel
Fee records from Detroit's extensive and complex bankruptcy show that the city was billed various times for a top Jones Day partner's travel to and from Florida, reportedly the location of his second home.
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November 07, 2014
Detroit Wins Confirmation Of $7B Debt-Cutting Plan
The judge presiding over Detroit's bankruptcy case effectively ended the largest municipal insolvency in U.S. history on Friday, confirming a sweeping restructuring plan that eliminates more than $7 billion in debt while rehabilitating crippled city services.
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November 06, 2014
Fate Of Detroit Ch. 9 Plan Turns On Fairness And Feasibility
U.S. Bankruptcy Judge Steven Rhodes will decide Friday if Detroit can leave bankruptcy protection under a largely uncontested Chapter 9 plan that hinges on the city's ability to restore public services and justify paying pensioners more than financial creditors.
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October 21, 2014
Detroit Ch. 9 Judge Wants Specifics On Settlements, Exit Plan
The judge presiding over Detroit's bankruptcy case indicated Tuesday that he wants the city to delve into specifics of its settlements with creditors and its exit financing plan during closing arguments next week in the confirmation trial for its plan to erase more than $7 billion in debt and reinvest in essential services.
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October 20, 2014
Detroit Could See Decision On Ch. 9 Exit Within Weeks
The judge presiding over Detroit's bankruptcy case said Monday that the city will likely find out in less than three weeks if it can exit the largest Chapter 9 in history under a plan that would erase more than $7 billion in debt and reinvest in essential services to reverse a half-century of civic decline.
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October 16, 2014
Detroit Inks Deal With Last Major Holdout Opposing Exit Plan
The City of Detroit has reached a settlement with Financial Guaranty Insurance Co., the final major creditor standing in the way of its restructuring plan, which has a more than $1 billion claim in the city's Chapter 9 bankruptcy case based on bonds it guaranteed, according to court documents filed Thursday.
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September 30, 2014
Barclays Ups Detroit's Exit Loan To $325M
The city of Detroit is set to receive $325 million in financing from Barclays PLC when the troubled metropolis exits bankruptcy, according to documents filed on Monday, $50 million more than was initially planned.
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September 17, 2014
Detroit's Ch. 9 Confirmation Trial Delayed For A Week
The judge presiding over Detroit's bankruptcy on Wednesday gave Financial Guaranty Insurance Co. and several hedge funds a week to refashion their objections to the city's debt restructuring after a onetime ally against the Chapter 9 plan dropped out.
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September 16, 2014
Detroit Creditors Give Ground To Seal Syncora Deal
The city of Detroit has secured the concessions it needed from retirees and certain bondholders to seal a settlement that will end Syncora Holdings Ltd.'s objections to its Chapter 9 restructuring plan, a source with knowledge of the situation said Tuesday.
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September 15, 2014
Syncora No Longer Needs Banks' Help On Detroit Deal
Syncora Holdings Ltd. finalized a settlement on Monday of its objections to the city of Detroit's Chapter 9 restructuring that no longer requires concessions from two global investment banks, according to Syncora's attorney.