Mediation session scheduled in Detroit bankruptcy - KMSP-TV

Mediation session scheduled in Detroit bankruptcy

Posted: Updated:
DETROIT (AP) -

The first mediation session has been scheduled between Detroit's emergency manager and some creditors in the city's bankruptcy case.

Federal Judge Gerald Rosen told all sides to appear in private on Sept. 17. Each party is required to submit by Aug. 28 a confidential statement outlining their positions.

The participants include Detroit's pension funds, a half-dozen unions, U.S. Bank National Association and several municipal bond insurers. Emergency manager Kevyn Orr took Detroit into bankruptcy last month as he tries to restructure at least $18 billion in liabilities.

U.S. Bankruptcy Judge Steven Rhodes appointed Rosen earlier this month as a mediator in the case.

  • Local NewsLocal NewsMore>>

  • FBI joins the search for Armada teen's killer

    FBI joins the search for Armada teen's killer

    Friday, July 25 2014 11:08 PM EDT2014-07-26 03:08:38 GMT
    The FBI has joined the investigation team searching for the killer of a 14-year-old Armada girl, April Millsap.
    The FBI has joined the investigation team searching for the killer of a 14-year-old Armada girl, April Millsap. Authorities also say they are now looking for a small motorcycle in addition to the gray, dented van seen in the area.
  • Vandals damage historic Detroit cemetery

    Vandals damage historic Detroit cemetery

    Friday, July 25 2014 10:38 PM EDT2014-07-26 02:38:55 GMT
    Police are looking for suspects after vandals disturb the peace at a historic Detroit cemetery. Someone broke into a mausoleum and made a mess with spray paint and ashes.
    Police are looking for suspects after vandals disturb the peace at a historic Detroit cemetery. Someone broke into a mausoleum and made a mess with spray paint and ashes.
  • Man hospitalized after run-in with Ecorse police

    Man hospitalized after run-in with Ecorse police

    Friday, July 25 2014 10:05 PM EDT2014-07-26 02:05:54 GMT
    Witnesses and lawyers say a man was attacked by Ecorse police Monday morning even though he was complying with police demands.
    Witnesses and lawyers say a man was attacked by Ecorse police Monday morning even though he was complying with police demands.
Powered by WorldNow

KMSP-TV
11358 Viking Drive
Eden Prairie, MN 55344

Phone: (952) 944-9999
Fax: (952) 942-0455

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices