Mediation session scheduled in Detroit bankruptcy - Boston News, Weather, Sports | FOX 25 | MyFoxBoston

Mediation session scheduled in Detroit bankruptcy

Posted: Updated:
DETROIT (AP) -

The first mediation session has been scheduled between Detroit's emergency manager and some creditors in the city's bankruptcy case.

Federal Judge Gerald Rosen told all sides to appear in private on Sept. 17. Each party is required to submit by Aug. 28 a confidential statement outlining their positions.

The participants include Detroit's pension funds, a half-dozen unions, U.S. Bank National Association and several municipal bond insurers. Emergency manager Kevyn Orr took Detroit into bankruptcy last month as he tries to restructure at least $18 billion in liabilities.

U.S. Bankruptcy Judge Steven Rhodes appointed Rosen earlier this month as a mediator in the case.

  • Local NewsLocal NewsMore>>

  • Man sentenced to life in prison for toddler's death

    Man sentenced to life in prison for toddler's death

    Thursday, July 24 2014 5:08 PM EDT2014-07-24 21:08:27 GMT
    A Macomb County man will spend the rest of his life in jail for the beating death of a 2-year-old boy.
    A Macomb County man will spend the rest of his life in jail for the beating death of a 2-year-old boy.
  • The two sides of the Detroit water bill crisis

    The two sides of the Detroit water bill crisis

    Thursday, July 24 2014 4:59 PM EDT2014-07-24 20:59:57 GMT
    As the city of Detroit advances through its historic bankruptcy, focus has shifted to the water department's controversial efforts to collect unpaid water bills.
    As the city of Detroit advances through its historic bankruptcy, focus has shifted to the water department's controversial efforts to collect unpaid water bills.
  • The importance of your child's back-to-school checkup

    The importance of your child's back-to-school checkup

    Thursday, July 24 2014 4:25 PM EDT2014-07-24 20:25:35 GMT
    We may be in the heart of summer but now is the time parents should start thinking about getting their children into the doctor for the back-to-school physicals.
    We may be in the heart of summer but now is the time parents should start thinking about getting their children into the doctor for the back-to-school physicals.
Powered by WorldNow

25 FOX Drive
Dedham, MA 02026

Phone (781) 467-2525

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