Detroit Michigan

Detroit City Council has voiced concerns over the attorney fees the City is paying in its bankruptcy. The bankruptcy attorney fees recently increased and Detroit is responsible for paying the bill no matter the results. Detroit Councilmen Saunteel Jenkins and Ken Cockrel took a tempered approach by offering that if the bankruptcy produces certain results, …

News out of the City of Detroit’s bankruptcy filing is that attorney fees are skyrocketing. U.S. Bankruptcy Judge Steven Rhodes, on whose docket the matter sits, has been known to be harsh on attorney fees for consumer bankruptcy attorneys. It will be interesting to see his take on attorneys working for a government organization. The …

A fight has emerged in bankruptcy court between the City of Detroit and an insurer over casino revenues. The insurer has claimed that its debt is secured against those revenues and that as a secured creditor, it should have the right to take possession of that collateral. The City, on the other hand, is seeking …