Thursday, July 18, 2013

Reuters: Bankruptcy News: Detroit files largest municipal bankruptcy in U.S. history

Reuters: Bankruptcy News
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Detroit files largest municipal bankruptcy in U.S. history
Jul 18th 2013, 20:25

DETROIT, July 18 | Thu Jul 18, 2013 4:25pm EDT

DETROIT, July 18 (Reuters) - Detroit on Thursday filed the biggest municipal bankruptcy in U.S. history after Michigan Governor Rick Snyder approved a recommendation from the city's emergency manager, according to documents filed in U.S. federal court in Michigan.

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