(AP) Banks, bond insurers, employee pension systems and others standing to lose big if a federal judge declares Detroit insolvent are expected to legally file their objections to the largest municipal ...

Detroit has gotten a federal judge's go-ahead for its bankruptcy filing, the largest ever by a U.S. city — and now, the question is of who will pick up the tab for Motor City's decades of financial ...

Since the moment Detroit filed for bankruptcy last Thursday—making it the largest municipality in U.S. history to ever resort to the tactic—civil servants and retirees who stand to lose part of their ...

The city of Detroit has filed the largest municipal bankruptcy in U.S. history, seeking Chapter 9 protection from creditors and unions owed some $18.5 billion in debt and liabilities. In a news ...

The city of Detroit has filed for Chapter 9 bankruptcy, according to the Associated Press, completing the city's long, slow economic slide and marking the largest municipal bankruptcy in history.

The building's owner, Leland House Limited Partnership Company, is registered to Michael Higgins, who died in September 2023. The property, under Higgins' ownership, also faced a blight lawsuit by the ...

Detroit voters will choose a new mayor on Tuesday as Mike Duggan, who has led the city for 12 years, runs for governor.

(Reuters) - Detroit's plan to deal with $18 billion of debt so it can exit municipal bankruptcy faces a crucial test on Wednesday, when a panel of Michigan state lawmakers votes on legislation, ...