Detroit Wants $1.44B Pension Finance 'Scam' Voided

By David McAfee · January 31, 2014, 9:53 PM EST

The city of Detroit asked a Michigan bankruptcy judge on Friday to nullify "disastrous" financial transactions behind $1.44 billion in bonds sold to investors, saying the deals were illegal under Michigan...

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Documents

Case Information

Case Title

City of Detroit, Michigan

Case Number

2:13-bk-53846

Court

Michigan Eastern

Nature of Suit

Date Filed

July 18, 2013