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Detroit Eligible For Ch. 9 Bankruptcy, Judge Rules

By Maria Chutchian (December 3, 2013, 12:26 PM EST) -- A Michigan bankruptcy judge on Tuesday ruled, as expected, that Detroit is eligible for Chapter 9 relief, despite the tireless efforts of city workers and retirees to keep the case from moving forward out of fear that they will be the ones forced to endure the largest concessions....

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