DETROIT

Experts: If Detroit Files For Bankruptcy, Case Likely To Stay Local | Detroit Free Press

07/01/2013 08:30 am ET | Updated Aug 31, 2013
Getty Images

When Detroit auto giants General Motors and Chrysler filed for bankruptcy in 2009, their cases wound up in New York.

The City of Detroit, legal experts say, won't share that fate should it take the unprecedented step of seeking Chapter 9 protection. If that happens, they say, Detroiters can rest assured that their city's financial welfare will rest in the hands of a hometown judge.

Read more on Detroit Free Press

Suggest a correction