Detroit's Bankruptcy Journey

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Daniel Howes

Howes: Five years after bankruptcy, Detroit shows real gains

Howes: Five years on, Detroit shows real gainsFive years after Chapter 9 bankruptcy, Detroit's reinvention traces upward arc to revival, new narrative of success
  • Daniel Howes
  • 2 months ago
Detroit

Detroit gets credit rating upgrade

Detroit gets credit rating upgradeMoody's Investors Services credits Detroit for improving its financial reserves, boosts issuer rating and outlook
  • Detroit
  • 4 months ago
Detroit

Ford Foundation president stresses collaboration

Ford Foundation president stresses collaborationAt Mackinac Conference, Darren Walker outlines priorities and praises progress
  • Detroit
  • 1 year, 3 months ago
Daniel Howes

Podcast: Howes on mayor’s lawsuit threat

Podcast: Howes on mayor’s lawsuit threatDetroit Mayor Mike Duggan’s threat to sue former EM Kevyn Orr for misleading pension contributions is less about money.
  • Daniel Howes
  • 1 year, 6 months ago
Daniel Howes

Howes: Mayor’s EM suit would pay political dividends

Howes: Mayor’s EM lawsuit threat pays political dividendsIt also inoculates Duggan from insinuations he secretly supported the state’s controversial emergency manager law
  • Daniel Howes
  • 1 year, 6 months ago
Detroit

Detroit facing challenges one year after bankruptcy

Detroit facing challenges one year after bankruptcyThe city won’t be back on a sound financial footing without attracting more businesses and residents to increase revenue
  • Detroit
  • 1 year, 10 months ago
Nation

Alvin Toffler, author of ‘Future Shock,’ dead at 87

Alvin Toffler, author of ‘Future Shock,’ dead at 87His million-selling book anticipated the disruptions and transformations brought about by digital technology
  • Nation
  • 2 years, 2 months ago
Education

DPS emergency manager hosts informational meeting

DPS emergency manager hosts informational meetingEmergency manager Steven Rhodes fields questions from parents and elected school board members at informational meeting.
  • Education
  • 2 years, 4 months ago
Education

DPS emergency manager hosts informational meeting

DPS emergency manager hosts informational meetingEmergency manager Steven Rhodes fields questions from parents and elected school board members at informational meeting.
  • Education
  • 2 years, 4 months ago
Detroit

Most Detroit property assessments to decrease

Most Detroit property assessments to decreaseAbout 95 percent of Detroit’s 220,000 residential properties will see a reduction of 5 percent to 15 percent
  • Detroit
  • 2 years, 7 months ago
Nation

Catalog creator Lillian Vernon dies at age 88
Lillian Vernon was creator of a multimillion dollar catalog business that sold specialized gifts and home goods

Catalog creator Lillian Vernon dies at age 88Lillian Vernon was creator of a multimillion dollar catalog business that sold specialized gifts and home goods
  • Nation
  • 2 years, 9 months ago
Daniel Howes

Howes: Hard work follows Detroit bankruptcy success

Howes: Hard work, arduous process follow Detroit bankruptcy successCity is one year into journey of self-redemption, requiring leadership and teamwork, compromise and financial realism.
  • Daniel Howes
  • 2 years, 9 months ago
Detroit

Detroit bankruptcy discussion cut short by heckling

Detroit bankruptcy discussion cut short by hecklingBankruptcy opponents yelled “lies” and “rape” as Gov. Rick Snyder attempted to answer questions
  • Detroit
  • 2 years, 9 months ago
Detroit

Detroit’s white population up after decades of decline

Detroit’s white population up after decades of declineCensus: City gains 8K just in ’14, sees biggest uptick since the 1950s
  • Detroit
  • 3 years ago
Detroit

Bankruptcy will cost Detroit on new bonds

Bankruptcy will cost Detroit on new bondsEven though bonds are rated safe, investors worry that the city’s finances aren’t out of the woods yet
  • Detroit
  • 3 years, 1 month ago
Detroit

Moody’s upgrades Detroit’s rating, outlook
The improved rating isn’t tied to any specific debt issue, but measures Detroit’s overall creditworthiness for investors

Moody’s upgrades Detroit’s rating, outlookThe improved rating isn’t tied to any specific debt issue, but measures Detroit’s overall creditworthiness for investors
  • Detroit
  • 3 years, 1 month ago
Detroit

Duggan touts rating of new city bond issue

Duggan touts rating of new city bond issueNew bonds essential to improving Detroit city services have earned an upgrade.
  • Detroit
  • 3 years, 1 month ago
Detroit

Rhodes on Puerto Rico: ‘It’s exactly like Detroit’

Former bankruptcy Judge Rhodes on Puerto Rico: ‘It’s exactly like Detroit’Governor of debt-ridden Puerto Rico has hired the retired bankruptcy judge who handled Detroit’s bankruptcy for advice
  • Detroit
  • 3 years, 2 months ago
Detroit

Detroiters' optimism captivates Ford Foundation head

Detroiters’ optimism captivates president of Ford Foundation as he tours city"People in Detroit have a boundless capacity to be the best and look to the future," Foundation head Darren Walker said
  • Detroit
  • 3 years, 3 months ago
Detroit

Judge delays action on union’s benefit complaint

Judge delays action on union complaintThe city of Detroit wants to force a public safety union to drop its fight against a bankruptcy-related benefit change.
  • Detroit
  • 3 years, 3 months ago
Detroit

Former Detroit EM Orr returning to Jones Day

Former Detroit EM Orr returning to Jones DayOrr is currently serving as a consultant to the emergency manager for Atlantic City
  • Detroit
  • 3 years, 5 months ago
Detroit

Rhodes on bankruptcy: We love to give a second chance

Rhodes on bankruptcy: We love to give a second chanceRhodes discussed the 17-month bankruptcy Wednesday morning at a Bank of Ann Arbor breakfast in his honor
  • Detroit
  • 3 years, 5 months ago
Politics

House panel seeks $4.1M cut in Detroit revenue sharing

Michigan House panel seeks $4.1M cut in Detroit revenue sharing aidState House committee recommends Detroit aid be cut three months after the city emerged from bankruptcy
  • Politics
  • 3 years, 6 months ago
Wayne County

Review board appoints adviser for city finances

Detroit review board appoints adviserThe state-mandated panel appointed to oversee Detroit’s finances also approved a financial plan for the city.
  • Wayne County
  • 3 years, 6 months ago
Detroit

DIA to honor judge’s ‘grand bargain’ doodle

DIA to honor judge’s ‘grand bargain’ doodleThe doodle laid the conceptual groundwork for creation of a fund to shore up city pensions
  • Detroit
  • 3 years, 6 months ago
Wayne County

Dispute resolved over Syncora bankruptcy settlement
Wayne County is no longer objecting to a deal that gives city property to a key bankruptcy creditor.

Syncora settlement dispute resolvedWayne County is no longer objecting to a deal that gives city property to a key bankruptcy creditor.
  • Wayne County
  • 3 years, 6 months ago
Metro-detroit

Crain's Newsmakers of the Year : Steven Rhodes and Kevyn Orr

Crain’s Newsmakers of the Year : Steven Rhodes and Kevyn OrrRetired bankruptcy judge Steven Rhodes and former Detroit EM Kevyn Orr talk to the media,
  • Metro-detroit
  • 3 years, 6 months ago
Metro-detroit

Crain's Newsmakers of the Year : Steven Rhodes and Kevyn Orr

Crain’s Newsmakers of the Year : Steven Rhodes and Kevyn OrrRetired bankruptcy judge Steven Rhodes and former Detroit EM Kevyn Orr talk to the media,
  • Metro-detroit
  • 3 years, 6 months ago
Metro-detroit

Crain's Newsmakers of the Year : Steven Rhodes and Kevyn Orr

Crain’s Newsmakers of the Year : Steven Rhodes and Kevyn OrrRetired bankruptcy judge Steven Rhodes and former Detroit EM Kevyn Orr talk to the media,
  • Metro-detroit
  • 3 years, 6 months ago
Wayne County

Rhodes: Pension plans too costly for cities

Rhodes: Pension plans too costly for citiesThe bankruptcy judge who green-lighted reductions in pensions and health insurance for more than 30,000 Detroit retirees said Wednesday he's "deeply concerned" about the unfunded liabilities other cities are saddled with.
  • Wayne County
  • 3 years, 6 months ago
Wayne County

Veteran judge takes over Detroit bankruptcy case

New judge inherits Detroit bankruptcy caseJudge Thomas Tucker takes over Detroit bankruptcy case from retiring Judge Steven Rhodes
  • Wayne County
  • 3 years, 7 months ago
Wayne County

Birmingham attorney to lead group monitoring Detroit

Attorney to lead Detroit monitorsThe Detroit Financial Review Commission has hired Ron Rose as its top paid employee
  • Wayne County
  • 3 years, 7 months ago
Wayne County

Detroit’s $178M bankruptcy tab ‘reasonable,’ judge says

Bankruptcy fees deemed ‘reasonable’Detroit’s $170M bankruptcy tab ‘reasonable,’ judge says
  • Wayne County
  • 3 years, 7 months ago
Wayne County

Duggan keeps focus on neighborhoods, 'inclusion'

Duggan pushes ‘Detroit recovery’In State of the City speech, the mayor details programs and improvements for year ahead
  • Wayne County
  • 3 years, 7 months ago
Wayne County

Detroit bankruptcy judge orders private water talks

Water mediation orderedDetroit bankruptcy judge orders private water talks
  • Wayne County
  • 3 years, 7 months ago
Wayne County

Orr: Work still to be done in Detroit after bankruptcy

Orr: Work still to be done in Detroit after bankruptcyFormer emergency manager Kevyn Orr reflected Tuesday on the bright spots — and the challenges — of leading Detroit through bankruptcy while cautioning that much work still needs to be done.
  • Wayne County
  • 3 years, 7 months ago
Metro-detroit

Kevyn Orr gives final interview at Detroit Economic Club

Kevyn Orr gives final interview at Detroit Economic ClubFormer Detroit emergency manager talks about his tenure to an audience at the Detroit Economic Club.
  • Metro-detroit
  • 3 years, 7 months ago
Metro-detroit

Kevyn Orr gives final interview at Detroit Economic Club

Kevyn Orr gives final interview at Detroit Economic ClubFormer Detroit emergency manager talks about his tenure to an audience at the Detroit Economic Club.
  • Metro-detroit
  • 3 years, 7 months ago
Wayne County

Financial adviser wary of Detroit's reliance on aid

City’s reliance on aid worries expertFormer N.Y. budget expert says city needs to have process to keep on top of budget
  • Wayne County
  • 3 years, 7 months ago
Wayne County

Bankruptcy judge: Lessons to be learned from Detroit

Detroit bankruptcy judge’s lessonsRhodes called the city's economic plight a cautionary tale to be learned from
  • Wayne County
  • 3 years, 8 months ago
Wayne County

Jones Day defends Detroit bankruptcy fees

Jones Day defends feesLaw firms involved in Detroit bankruptcy case defend fees
  • Wayne County
  • 3 years, 8 months ago
Wayne County

Detroit retiree firm defends pay, says it ate $6M bonus

Detroit retiree firm says it ate $6MDetroit retiree firm defends pay during bankruptcy case, says it ate $6M bonus
  • Wayne County
  • 3 years, 8 months ago
Michigan

Snyder signs bills closing tax foreclosure loophole
Bills give relief to homeowners, close loophole letting tax deadbeats buy back properties

Snyder signs tax foreclosure billsBills give relief to homeowners, close loophole letting tax deadbeats buy back properties
  • Michigan
  • 3 years, 8 months ago
Politics

Obama names new White House Detroit adviser

Obama names new Detroit adviserWhite House is naming Treasury official Cliff Kellogg as the new point person for Detroit
  • Politics
  • 3 years, 8 months ago