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  2. Detroit bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Detroit_bankruptcy

    Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama's $4-billion filing in 2011. [1]

  3. Judge’s new book exposes secrets, deals of Detroit’s historic ...

    www.aol.com/judge-book-exposes-secrets-deals...

    By the time Detroit declared bankruptcy at 4:06 p.m. on July 18, 2013, Detroit had accumulated $18 billion in debt and city retirees' pension funds were underfunded by $3.5 billion. The number of ...

  4. 10 years since bankruptcy, Detroit's finances are better but ...

    www.aol.com/news/10-years-since-bankruptcy...

    The architect of the bankruptcy filing was Kevyn Orr, a lawyer hired by then-Gov. Rick Snyder in 2013 to fix Detroit's budget deficit and its underfunded pensions, healthcare costs and bond payments.

  5. Detroit's Bankruptcy: What Happens to Pensions, Taxes and ...

    www.aol.com/2013/07/20/detroit-bankruptcy...

    By KATE ROGERS Detroit made history Thursday as the largest American city in history to ever file for Chapter 9 bankruptcy protection. The once vibrant city rooted in auto manufacturing and music ...

  6. Detroit Tribune - Wikipedia

    en.wikipedia.org/wiki/Detroit_Tribune

    The Afro American featured his obituary, which may have shocked his relatives on February 12, 1966: "The entire estate of Andrew Fruehauf, member of the wealthy trucking family, has been left in trust for the perpetuation of the Detroit Tribune, Michigan's oldest colored weekly newspaper. Fruehauf, who died December 4, 1965, in a will dated ...

  7. Detroit Auto Vehicle Company - Wikipedia

    en.wikipedia.org/wiki/Detroit_Auto_Vehicle_Company

    Detroit Auto Vehicle Company was a short-lived early automobile manufacturer established in the summer of 1904 with a capital stock of US$150,000. Based in Detroit in the old Detroit Novelty Machine Company building, it also had a foundry in Romeo, Michigan. [1] It ceased operation in October 1907 following bankruptcy.

  8. The architect of Detroit's bankruptcy filing 10 years ago ...

    www.aol.com/news/architect-detroits-bankruptcy...

    On July 18, 2013, the restructuring expert did just that, making Detroit the largest city in the U.S. to file for bankruptcy. “Bankruptcy is a miserable process," Orr, 65, told The Associated ...

  9. Detroit's Bankruptcy 5 Years Later: 'There's A Chance ... - AOL

    www.aol.com/news/detroits-bankruptcy-5-years...

    The bankruptcy’s true beginnings were in the 1950s, when a decades-long mass exodus of residents from Detroit began, the former councilwoman said. ... Detroit eliminated $7.2 billion in debt in ...

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