03/24/2012 09:00 am ET

Appeals Court Clears Way For Detroit Consent Agreement

BY Darren A. Nichols and Karen Bouffard, The Detroit News

A Michigan Court of Appeals ruling on Friday clears the way for Gov. Rick Snyder and a state financial review team to negotiate a consent agreement to deal with Detroit's looming fiscal crisis.

A three-judge appeals panel reversed a ruling by Ingham County Circuit Judge William Collette earlier this week that barred Snyder and members of a state financial review team from entering into a consent agreement with Detroit until after a hearing Thursday on alleged violations of the state's Open Meetings Act.

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