Judge Rhodes of the U.S. Bankruptcy Court for the Eastern District of Michigan is currently holding hearings regarding the City of Detroit’s eligibility in bankruptcy. Again pension attorneys have requested the court to deny Detroit’s bankruptcy filing using the Michigan Constitution. As discussed on this website earlier this year, the federal constitution grants to the […]
Archives for October 2013
Detroit Bankruptcy Filing Eligibility Factors
The Detroit Division of the Eastern District of Michigan Bankruptcy Court will hold hearings on the City of Detroit’s eligibility for bankruptcy protection. The key questions revolve around the City’s insolvency. Insolvency under the bankruptcy code means that the debtor’s assets exceed its liabilities. In addition, revenue and expenditures will come into play for the […]
Detroit Bankruptcy Proceedings Continue Despite Federal Shutdown
The Federal shutdown may affect some areas of the federal government, but not the court system. The U.S. Federal Courts are considered essential services that do not shut down alongside non-essentials. Bankruptcy courts, as part of the federal court system, will remain open during the government shutdown. This is good news for individuals who still […]
Kwame Kilpatrick Sentenced to serve 28 Years in Prison
The biggest news of the day in Detroit, MI has to do with the sentencing of former Detroit Mayor Kwame Kilpatrick. Mr. Kilpatrick had been found guilty of over 24 federal counts against him. Many did not believe that he would be given the maximum sentence allowable under Michigan Law. However, Judge Nancy Edmunds made […]
Detroit Bankruptcy News: Lawyer Charged With Tracking Fees Submitting Large Bill
The attorney appointed to oversee attorney fees in the Detroit bankruptcy is starting to run up large fees himself. Judge Rhodes, the bankruptcy judge presiding over the Detroit bankruptcy has been very strict on attorney fees for consumer bankruptcy attorneys filing Chapter 7 bankruptcy and Chapter 13 bankruptcy. It is interesting to see that the […]
