Thursday, July 24, 2014
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Detroit bankruptcy judge opens court to critics

Dozens of critics will be given a chance to sound off on Detroit bankruptcy plan
Posted on July 15, 2014 at 12:00 a.m. | Updated on July 15, 2014 at 4:02 a.m.

DETROIT (AP) — Dozens of people are being given five minutes each to object to Detroit’s plan to get out of bankruptcy.

Judge Steven Rhodes says approximately 600 people without attorneys have filed objections. Roughly 80 will be given a chance to speak during morning and afternoon sessions Tuesday in federal court.

The judge held a similar hearing last fall on Detroit’s eligibility to file for bankruptcy.

Rhodes will hold a trial on Detroit’s bankruptcy strategy, starting Aug. 14. He must find that the exit plan is fair and feasible, among other things, in order for the city to shed billions of dollars in debt.

Voting by creditors ended last Friday. Those results will be released next Monday.




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