Search results
Results from the WOW.Com Content Network
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]
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 ...
The 2024 Thunder over Michigan Air Show will return to Willow Run Airport in Ypsilanti on Saturday and Sunday. The annual event is presented by the Wayne County Airport Authority, with a variety ...
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 ...
The Detroit convention kicked off Reagan's campaign to a landslide election. Population: 1,203,339. [12] 1984 - The Detroit Tigers won the 1984 World Series, defeating the San Diego Padres in five games. 1987 August 16: Airplane crash occurs near city. [5] Pope John Paul II visits Detroit. Detroit People Mover operations started. It was the ...
An air show (or airshow, air fair, air tattoo) is a public event where aircraft are exhibited. They often include aerobatics demonstrations, without they are called "static air shows" with aircraft parked on the ground. The largest air show measured by number of exhibitors and size of exhibit space is Le Bourget, followed by Farnborough, with ...
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.
The Verville Aircraft Company was a Detroit, Michigan based manufacturer of small airplanes and flying boats, which became bankrupt during the Great Depression. Alfred V. Verville started the corporation after working for multiple aviation companies. An innovative corporation, it could not survive the difficult financial crisis of the early ...