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Detroit Creditors

Detroit Creditors Want Debt Restructured, But Not Kevyn Orr

Reuters | Posted 10.08.2013 | Detroit

* Restructuring proposed for unlimited tax GO bonds-source * Debt overhaul to provide more liquidity to the city-source ...

Detroit Bankruptcy Is Actually Really, Really Great For These People

Reuters | Posted 09.20.2013 | Detroit

By Nick Brown July 21 (Reuters) - With more than $18 billion at stake in Detroit's restructuring, big law firms and other advisers are...

Detroit Makes A Deal

AP | Posted 09.14.2013 | Detroit

DETROIT — Detroit has reached an "important settlement" with some creditors as it negotiates ways to get rid of billions of dollars of debt, acc...

Can A Blight Bus Tour Sway Detroit's Creditors?

AP | Posted 09.04.2013 | Detroit

DETROIT — State-appointed Detroit emergency manager Kevyn Orr has a message for the city's creditors: Get on the bus and take a look at the grav...

Plan For Detroit Will Put City In Default: Fitch Ratings

Reuters | Posted 08.14.2013 | Detroit

June 14 (Reuters) - Credit rating agency Fitch said it would consider Detroit to be in default if it stops making payments on certain obligations as...

Detroit Will Stop Paying Its Bills

Reuters | Posted 08.14.2013 | Detroit

By Bernie Woodall and Steve Neavling DETROIT, June 14 (Reuters) - Detroit said on Friday it would stop making payments...

The Creditors Are Coming To Town

Reuters | Posted 08.14.2013 | Detroit

DETROIT, June 14 (Reuters) - Detroit's creditors will begin to learn on Friday morning what they can recover without driving the fin...

Orr Drives A Hard Bargain

Reuters | Posted 08.07.2013 | Detroit

By Steve Neavling DETROIT, June 7 (Reuters) - Detroit Emergency Manager Kevyn Orr plans to deliver grim news to the city's creditors n...