Detroit’s Police Commission has Limited Duties Restored While the Chief Retains Certain Powers

As has been widely reported, Emergency Manager Kevyn Orr has turned over control of the police department and finance department to Mayor Duggan. The order issued by Kevyn Orr detailing the transfer of the oversight of the departments also continues

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Control of the Police and Finance Departments Returned to the City’s Elected Officials

On Thursday, September 25, 2014, Emergency Manager Kevyn Orr signed Order #42 which transfers control of the finance department and the police department back to the mayor. Kevyn Orr will remain as the emergency manager until the bankruptcy case concludes and

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Posted in Bankruptcy

Detroit Bankruptcy Trial Round-up: Day 1 articles: City’s bankruptcy attorney: ‘Detroit won’t recover’ without grand bargain Detroit bankruptcy trial scorecard, Day 1: Strategies revealed articles: City lawyer: Detroit ‘won’t recover or survive’ if bankruptcy deal  Detroit bankruptcy judge weighing whether to halt water shutoffs

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Posted in Bankruptcy, Detroit

Detroit Expected $55 Million in Property Tax Revenue; It Brought in $6.7 Million [Michigan Capitol Confidential]

Finance expert: Missed projections ‘compares to that in many third world cities’ By TOM GANTERT and JARRETT SKORUP | Aug. 27, 2014  Follow Tom Gantert on Twitter |  Follow Jarrett Skorup on Twitter   In the fourth quarter of its fiscal year 2014, the city of Detroit

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Posted in Bankruptcy, Detroit

Detroit may sweeten bankruptcy deal with real estate to persuade creditor to settle | The Detroit News

Detroit— City attorneys are in private talks this weekend about giving away some of the city’s assets — including possibly the Coleman A. Young Municipal Airport, a stake in the Detroit-Windsor Tunnel and other real estate — to settle with

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Posted in Bankruptcy, Detroit

Detroit Bankruptcy Judge’s Expert Bills $272 Thousand for One Month of Work

For the month of July 2014 the expert hired by Judge Rhodes submitted an invoice for the amount of $272,055.37 for the month of July 2014.  This is lower than the amount charged for June where she submitted a bill

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Five Members Identified to Serve on the Detroit Police and Fire Retiree’s VEBA Board of Trustees

The city of Detroit’s Plan of Adjustment establishes a Voluntary Employee Beneficiary Trust (VEBA) for the purpose of providing some level of health care benefits for current retirees. A review of the plan reveals it to be described as a “Health Care Plan

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Posted in Bankruptcy, Detroit