Detroit is legitimate municipal bankruptcy can be submitted this week to continue as the city invested tug of war held in Michigan court challenge, seeking the first hearing in the Federal Court.
Concerned about the retirement benefits will be cut, Detroit retirees, workers and pension funds has been running in Lansing, Michigan state court in an effort to destroy the largest city in the United States Chapter 9 of the history of bankruptcy.
Michigan court judge adjourned the hearing on Monday morning in the case, no action brought by the city pension plans. Pension plan requires an action was postponed one week to July 29.
This follows (Friday) (in a) - on the other circumstances stipulated order issued by the same judge, Ingham County Circuit Court Judge of Rosemary Aquilina, commanding Detroit emergency manager to withdraw on Kevyn Orr The (Thursday) in the filed bankruptcy petition him.
In last Friday's lesser, Aquilina said the state law, Michigan Gov. Rick Snyder allowed: to approve the application for bankruptcy protection in violation of the "Michigan Constitution." She said the governor can not take action that would violate the constitutional guarantee of civil servants retirement benefits.
Michigan Attorney General Bill schuette, action on behalf of Snyder, the state appellate court has yet to take action on the matter, subject to appeal.
Orr, meanwhile, put forward a motion 史蒂芬罗德 federal bankruptcy court judge, was appointed to supervise Detroit on Friday in the case, ask for a hearing as soon as Tuesday that he will keep to stop the city's Chapter 9 lawsuit claims. The head of emergency (Emergency Manager) motion also asked the judge to rule on deadlines, schedules, and notification of the list of other procedural matters.
Legal experts said they expect federal judges to litigation pending state, allowing those who use the federal court held that the plaintiff's why Detroit should not be allowed to apply for bankruptcy.
On (Friday) Orr said he doubts the city will be faced with an eligibility of the battle, which will also include whether or not the city made a good faith effort to carry on with creditors negotiations over its more than $ 18 billion in debt.
Detroit, the former manufacturing powerhouse, the U.S. auto industry and the Motor City Music cradle has been working for decades, move or close the company, rampant crime, deflated about 25% of the population in the past decade to 700,000. The city's income failed to keep up with pending, leading to years of budget deficits, and a reliance on borrowing to stay afloat related to the pace.
 



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