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Dozens Object To Detroit's Bankruptcy: What They Could Gain, Or Lose

August 20, 2013



More than a hundred objections have been filed against Detroit’s bankruptcy filing. Most of the challenges came from creditors, unions, pension funds, retirees, and even a small group of residents. Judge Steven Rhodes will consider all of the objections…when he decides whether to approve the city’s Chapter Nine petition. Douglas Bernstein is a partner at the law firm of Plunkett Cooney in Bloomfield Hills. He manages the banking, bankruptcy, and creditors rights practice group. WDET's Pat Batcheller asked Bernstein whether the number of objections could slow the process. Click on the audio link above to hear the conversation.