Judge: Not The Time for Detroit Bankruptcy Appeal

By: Associated Press
By: Associated Press
The judge overseeing Detroit

The Detroit skyline rises behind the Monument to Joe Louis, also known as "The Fist," Thursday, July 18, 2013. State-appointed emergency manager Kevyn Orr asked a federal judge permission to place Detroit into Chapter 9 bankruptcy protection. (AP Photo/Paul Sancya)

DETROIT (AP) -- The judge overseeing Detroit's bankruptcy is urging an appeals court to stay on the sidelines at this stage.
Judge Steven Rhodes on Dec. 3 said Detroit is eligible to fix its finances in bankruptcy. In a court filing Friday, he says this isn't the time for the city and creditors to be tied up by "piecemeal appellate litigation."
Unions, pension funds and retirees want to overturn Rhodes' critical decision allowing the bankruptcy case to proceed. They're especially upset that the judge says pensions aren't shielded from possible cuts.
Rhodes says private mediation sessions to reach agreements are ongoing. He recommends the appeals court consult chief mediator Gerald Rosen as it considers whether to act on an appeal.


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