Judge allows appeal in Detroit bankruptcy case - FOX 29 News Philadelphia | WTXF-TV

Judge allows appeal in Detroit bankruptcy case

Posted: Updated:

By ED WHITE
Associated Press

DETROIT (AP) -- A judge in the Detroit bankruptcy case is allowing unions and pension funds to immediately appeal a critical decision to a higher court.

But Judge Steven Rhodes said Monday that he still needs a day or two to decide whether he'll recommend that the federal appeals court fast track the case.

At issue is Rhodes' recent decision to allow Detroit to stay in bankruptcy and restructure $18 billion in debt. The judge said the city is eligible to fix itself under Chapter 9, a ruling that also puts pensions at risk. Detroit emergency manager Kevyn Orr says pensions are underfunded by $3.5 billion.

A key matter in the appeal will be Rhodes' decision that pensions can be cut. Meanwhile, the city and its creditors continue to negotiate.

  • Local NewsLocal NewsMore>>

  • FBI joins the search for Armada teen's killer

    FBI joins the search for Armada teen's killer

    Friday, July 25 2014 11:08 PM EDT2014-07-26 03:08:38 GMT
    The FBI has joined the investigation team searching for the killer of a 14-year-old Armada girl, April Millsap.
    The FBI has joined the investigation team searching for the killer of a 14-year-old Armada girl, April Millsap. Authorities also say they are now looking for a small motorcycle in addition to the gray, dented van seen in the area.
  • Vandals damage historic Detroit cemetery

    Vandals damage historic Detroit cemetery

    Friday, July 25 2014 10:38 PM EDT2014-07-26 02:38:55 GMT
    Police are looking for suspects after vandals disturb the peace at a historic Detroit cemetery. Someone broke into a mausoleum and made a mess with spray paint and ashes.
    Police are looking for suspects after vandals disturb the peace at a historic Detroit cemetery. Someone broke into a mausoleum and made a mess with spray paint and ashes.
  • Man hospitalized after run-in with Ecorse police

    Man hospitalized after run-in with Ecorse police

    Friday, July 25 2014 10:05 PM EDT2014-07-26 02:05:54 GMT
    Witnesses and lawyers say a man was attacked by Ecorse police Monday morning even though he was complying with police demands.
    Witnesses and lawyers say a man was attacked by Ecorse police Monday morning even though he was complying with police demands.
  • Download the FOX 2 Apps


  • FOX 2 News Five-Day Forecast
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