Detroit Ch. 9 Plan Confirmation Set For End Of July

Law360, New York (April 21, 2014, 6:56 PM EDT) -- Detroit’s bankruptcy judge has pushed back a few key dates, with the city’s final debt adjustment plan confirmation hearing set to begin July 24, according to a court order issued Monday.

U.S. Bankruptcy Judge Steven W. Rhodes, who has been overseeing Detroit’s Chapter 9 case since it began last summer, said he would hold a final hearing on the city’s disclosure statement — the document sent to creditors for voting purposes — on April 28. The disclosure statement hearing began Thursday, when the judge shot down...
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