Who is Kevyn Orr? - FOX 29 News Philadelphia | WTXF-TV

Who is Kevyn Orr?

Posted: Updated:
Kevyn Orr Kevyn Orr
DETROIT (WJBK) -

A bankruptcy expert who represented automaker Chrysler LLC during its successful restructuring has been chosen to steer Detroit out of its financial abyss. The distressed city, which was once one of the nation's most prosperous manufacturing centers, is now the largest U.S. city to have its finances placed under state control.

Gov. Rick Snyder announced Thursday that he had chosen Kevyn Orr, a partner in the law and restructuring Jones Day firm, as Detroit's emergency manager. He officially will be hired by Michigan's Emergency Loan Board, which had scheduled a meeting for 3 p.m. EDT Thursday.

During a news conference Thursday, Orr called Detroit a "storied American city."

"We can rise from the ashes," Orr said. "This is a beautiful city and a wonderful state that gave me my start. I feel compelled to do this job."

So who is Kevyn Orr?

According to his bio page on the Jones Day law firm web site, Orr has "practiced in the areas of business restructuring, financial institution regulation, and commercial litigation since 1984."

Orr has strong ties to the state. The 54-year-old is a University of Michigan law graduate (1983) and represented Chrysler LLC during its bankruptcy proceedings in 2009.

Orr is a member of the bars in Florida and the District of Columbia. He also serves on the advisory board at the American Bankruptcy Institute.

FOX 2 political analyst Tim Skubick says Snyder recently met with Orr in Washington at the National Governors Association's winter meeting.

Orr would at first hold the formal title of emergency financial manager for Detroit. On March 28, a new emergency manager law (Public Act 436) passed in December will go into effect, giving Orr and other emergency managers across Michigan the power to cancel and change contracts as well as sell off assets with the permission of the governor and state treasurer.

Stay with FOX 2 and myFOXDetroit.com for continuing coverage.

- The Associated Press contributed to this report

  • Local NewsLocal NewsMore>>

  • Murder hearing for couple whose dogs killed runner

    Murder hearing for couple whose dogs killed runner

    Friday, August 1 2014 7:19 AM EDT2014-08-01 11:19:29 GMT
     A couple whose two dogs fatally mauled a 46-year-old jogger have been charged with second-degree murder.
     A couple whose two dogs fatally mauled a 46-year-old jogger have been charged with second-degree murder.
  • Migrant teens from Central America to be housed in Farmington Hills

    Migrant teens from Central America to be housed in Farmington Hills

    Friday, August 1 2014 12:10 AM EDT2014-08-01 04:10:56 GMT
    Illegal immigrant teens from Central America to be housed in Farmington HillsTwenty-four illegal immigrant teens from Central America will soon be housed at Wellspring Lutheran Services in Farmington Hills, which has secured a federal contract. The immigration issue is a major one, and what seemed far, far away is now coming closer and closer to home."We've been watching this for six, eight weeks now, now it's Michigan," said William Largent, president and CEO of Meskwaki. the business arm of...
    Illegal immigrant teens from Central America to be housed in Farmington HillsTwenty-four illegal immigrant teens from Central America will soon be housed at Wellspring Lutheran Services in Farmington Hills, which has secured a federal contract. The immigration issue is a major one, and what seemed far, far away is now coming closer and closer to home."We've been watching this for six, eight weeks now, now it's Michigan," said William Largent, president and CEO of Meskwaki. the business arm of...
  • VIDEO: Witness says man roughed up by Clinton Township police, hospital security

    VIDEO: Witness says man roughed up by Clinton Township police, hospital security

    Thursday, July 31 2014 11:25 PM EDT2014-08-01 03:25:38 GMT
    In a video spreading across social media, a Michigan man says police and hospital security roughed up a man.
    In a video spreading across social media, a Michigan man says police and hospital security roughed up a man.
Powered by WorldNow

WTXF-TV
330 Market Street
Philadelphia, PA 19106-2796

Phone: (215) 925-2929
Fax: (215) 982-5494

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices