A Michigan-based developer wants to redevelop the vacant Tiger Stadium site in Detroit using funds raised through crowdfunding.
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Read More »February 16, 2015 Comments Off on Financing development via crowdfunding
A Michigan-based developer wants to redevelop the vacant Tiger Stadium site in Detroit using funds raised through crowdfunding.
Tagged with: crowdfunding detroit Development maryland wall street journal
Read More »November 7, 2014 Comments Off on Judge approves bankruptcy exit plan for Detroit
A judge on Friday approved Detroit's plan to get out of bankruptcy, ending the largest public filing in U.S. history and launching the city into a turnaround that will require discipline after years of corruption, budget-busting debt and an exodus of residents.
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Read More »October 27, 2014 Comments Off on Detroit makes final arguments to exit bankruptcy
A lawyer for Detroit has urged a judge to approve a plan to get out of bankruptcy, calling it a sweeping effort to revive the city by cutting billions in debt and putting more than $1 billion into better services.
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Read More »September 4, 2014 Comments Off on Detroit’s CFO testifies in bankruptcy trial
The chief financial officer for Detroit says the city's internal financial controls were "very, very poor" when he was hired late last year.
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Read More »September 2, 2014 Comments Off on Detroit’s historic bankruptcy trial begins
Detroit's bankruptcy trial has adjourned for the day and will resume in the morning.
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Read More »September 2, 2014 Comments Off on Detroit’s bankruptcy recovery plan gets U.S. court hearing
Detroit's bankruptcy-recovery plans leads news roundup that includes failing-marriage defense, billion-dollar Gulf of Mexico settlement and amicus-brief '"facts."
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Read More »February 6, 2014 Comments Off on GM’s strength at home, in China boosts fourth quarter
General Motors spent billions last year rolling out new models to update its lineup of cars and trucks and restructuring to fix longstanding problems overseas.
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Read More »December 19, 2013 Comments Off on Judge orders trial for man who fatally shot unarmed woman on porch
DEARBORN HEIGHTS, Mich. — A Detroit-area man who fatally shot a drunk, unarmed woman on his porch will stand trial for second-degree murder, a judge said Thursday, rejecting a self-defense argument for the killer’s “bad choice.” There is no dispute ...
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Read More »December 4, 2013 Comments Off on Retirees in limbo with Detroit bankruptcy decision
DETROIT — Shirley Lightsey’s phone keeps ringing. As head of a group of Detroit retirees, she’s trying to keep up with calls from anxious pensioners who fear their monthly payments are at great risk now that a judge says the ...
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Read More »December 3, 2013 Comments Off on Judge: Detroit eligible for Chapter 9 bankruptcy
DETROIT — A judge ruled Tuesday that Detroit is eligible to shed billions of dollars of its long-running debt, including the pensions of thousands of workers and retirees, in a much-anticipated decision that shifts the city’s epic bankruptcy case into ...
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