- Posted January 29, 2014
- Tweet This | Share on Facebook
Schuette asks court to intervene
DETROIT (AP) -- Michigan Attorney General Bill Schuette is urging a federal appeals court to immediately jump into Detroit's bankruptcy and consider whether pensions can be cut.
In a court filing Monday, Schuette backs the bankruptcy case but says he strongly believes reducing pensions would violate the Michigan Constitution.
Federal Bankruptcy Judge Steven Rhodes says pensions are like any other contract that can be broken as Detroit develops a plan to deal with $18 billion in debt. Foundations have pledged more than $300 million to patch up pension funds and prevent the sale of art. Gov. Rick Snyder is trying to win approval for millions more in state aid.
Nonetheless, Detroit retirees still would suffer a hit.
An appeals court is considering whether to grant an immediate appeal or wait.
Published: Wed, Jan 29, 2014
headlines Oakland County
- Whitmer signs gun violence prevention legislation
- Department of Attorney General conducts statewide warrant sweep, arrests 9
- Adoptive families across Michigan recognized during Adoption Day and Month
- Reproductive Health Act signed into law
- Case study: Documentary highlights history of courts in the Eastern District
headlines National
- Protecting Attorney-Client Relationships: ABA advocacy helps safeguard the right to effective assistance of counsel
- Did ‘corporate speak’ and PowerPoint lead to complacency at GM?
- Ex-employee sues Sheppard Mullin over cyberattack exposing sensitive personal data
- Ropes & Gray allows more attorneys to count AI testing toward billable hours
- Plaintiff who filed fraudulent case, trashed desktop computer hit with sanctions
- Man who threatened Supreme Court justices avoids prison time
