sixer Dozens Of Creditors, Others File Objections To Detroit's Chapter 9 Bankruptcy In Federal Court | Roland Martin Reports

Dozens Of Creditors, Others File Objections To Detroit’s Chapter 9 Bankruptcy In Federal Court


Source: Nathan Bomey / The Detroit Free Press

Creditors and others today filed dozens of objections to Detroit’s eligibility to file for Chapter 9 bankruptcy, setting up a fierce legal battle that will determine whether the city’s bankruptcy case can proceed.

About 30 creditors or interested parties had filed objections as of 1 p.m. Today is the deadline for eligibility objections, which have been widely expected.

Most of the early objections came from individual city retirees who used a form letter to challenge the city’s legal authority to file for bankruptcy. The city’s pension boards, the largest creditors in this case, plan to jointly file an objection.

The objectors included a few public figures, such as the Rev. Charles Williams II and Sam Riddle.

To read this article in its entirety visit The Detroit Free Press.

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