Detroit Bankruptcy Trial Enters 6th Day

By: AP
By: AP

DETROIT (AP) -- Detroit emergency manager Kevyn Orr is returning to court as a witness in the sixth day of the city's bankruptcy trial.

The trial was stopped last week to allow Judge Steven Rhodes to attend a major meeting of bankruptcy law specialists in Atlanta.

Unions and pension funds are asking Rhodes to throw out Detroit's Chapter 9 filing or at least protect the pensions of city retirees. They accuse Orr and his staff of failing to engage in "good-faith" negotiations before the petition was filed in July, a key step under federal law.

The trial resumes Monday. Orr says creditors had plenty of time to come up with proposals. He says the city must fix $18 billion in long-term debt.


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