iOS app Android app

Detroit Restructuring

Detroit Is Doing Something That's Never Been Tried Before

Reuters | Posted 08.17.2013 | Detroit

June 17 (Reuters) - Detroit's default and debt restructuring plan are precedent-setting in the U.S. municipal market, Moody's Invest...

READ: Emergency Manager's Plan To Save Detroit

Posted 06.14.2013 | Detroit

Detroit Emergency Manager Kevyn Orr has a restructuring plan that he says will keep the troubled city from landing in bankruptcy court. While bondhold...

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...